Dec 22 2011, 06:52 PM
QUOTE(Benny-T @ Dec 22 2011, 05:19 PM)
set an appointment and i can show you GUARANTEED RETURN in the policy
By right if you think it's an infringement of the law,pls do so by reporting to the BNM
all the plans by HLA are monitored by BNM and insurance act
lock in only 9 years but you enjoy GYI for 40 years/30years/20years
the figure varies
sure you can compare to fd
assume FD interest at 3%,100k each year
9 years of saving could only give you rm135,017
with each year interest varies
while saving plans 9 years could give you rm270000
with each year GUARANTEED 30k income at every year
If you are so sure of the return, why not just put the figure here on the forum, saying how much you need to pay and what is your returns. Mind you please separate the guaranteed part and the non-guaranteed part. From then we can easily calculate if indeed this saving plan is so good as you have claimed... By right if you think it's an infringement of the law,pls do so by reporting to the BNM
all the plans by HLA are monitored by BNM and insurance act
lock in only 9 years but you enjoy GYI for 40 years/30years/20years
the figure varies
sure you can compare to fd
assume FD interest at 3%,100k each year
9 years of saving could only give you rm135,017
with each year interest varies
while saving plans 9 years could give you rm270000
with each year GUARANTEED 30k income at every year
Added on December 22, 2011, 6:53 pm
QUOTE(Steven83 @ Dec 22 2011, 06:48 PM)
Hi Bonescythe,
I was able to pay the premium without any issue, but here comes the problem. The cash value is non guaranteed, lets say the worse case I add in cash value 5% for my current saving plan policy. The end game still FD return will be higher in a long run even with 2% FD rate.
The table in my policy stated very clear what is the SV value. 
Mind posting the table here.. we can analyze together... I was able to pay the premium without any issue, but here comes the problem. The cash value is non guaranteed, lets say the worse case I add in cash value 5% for my current saving plan policy. The end game still FD return will be higher in a long run even with 2% FD rate.
The table in my policy stated very clear what is the SV value. 
This post has been edited by gark: Dec 22 2011, 06:53 PM
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