For Investment-Linked Life Insurance, there will be no difference in premium regardless of the mode of payment.

For traditional Life Insurance, there is a 5% "rebate" on the premium for annual payments.

Just ask your friend if he/she has multiple policy booklet (all standalone traditional policies) or just one policy booklet (that would be investment linked).

I think the agent is just trying to boost his/her AFYP/

There is no harm in paying a little more for your investment-linked policy.
Like what roy said, the cash value built up is your money anyway.
Increases in insurance charges will affect everyone across the board.
The cash value built up will then cover for the amount too. Either that or we'll all be forced to do a top-up.
We'll have to pay for it anyhow.

But what's fortunate is we only pay for the insurance premiums.

With that said, I also implore you to dig deeper together with your agent on the emphasis of your policy instead of going with a "paukaliao" package showing nothing but numbers of no significant relevance to you.

This post has been edited by JIUHWEI: Jan 21 2017, 08:38 AM

Does it exclude your pre-existing conditions with the increase in premiums?

So it excludes your pre-existing conditions and on top of that charge you more...

That's definitely new to me.
I doubt that is the modus operandi anywhere in the industry.

This post has been edited by JIUHWEI: Aug 18 2021, 12:51 PM