I'm not sure why anyone would buy a savings plan like this.

If you buy a simple 15/20/25 year term insurance and put the rest into an FD, you'd probably do better.

No to mention you'd have very high liquidity, without any fixed commitment.

Anyone had a look at the underlying funds ? TS mentioned aggressive.... I agree.

https://portal.hla.com.my/CMS/getattachment...et_Sep2015.aspx

Champion of champions fund.

This post has been edited by lukenn: Dec 23 2015, 12:20 PM

Sorry OT a bit, but just sharing.

Just read through some of the comments and thought I'd share this. The plan itself may not be clear, but the agent is the one who generally mis-represents.

I went through one of the links to another page, and saw the numbers of an old HL product called HL Cash Promise. If you know what to look for the numbers are quite obvious.

The moral of this story is to always ask for an illustration of how it works, with facts and figures, of course. In this scenario, best effort is slightly better than FD, but with a very long lock in period.



This post has been edited by lukenn: Dec 26 2015, 01:44 PM