After reading here and there i have come to a conclusion and it is purely my opinion. Please correct me if I am wrong. I didn't look really into details the technicality and the numbers, I emphasized more on the features and concept.

Pros
1. Its an insurance therefore there will be payout if touch wood anything happens
2. And at the same time it gives you return on your premium paid. e.g you paid RMxxx and you get back RMxxx + RMxx (returns depending on the fund performance) at maturity. If the fund really perform then jackpot lo if worst case scenario you get back return almost equal FD.
3. Its protected by PIDM means its a recognized product. Bank savings account also protected but lesser than insurance.
4. Its capital guaranteed so this means if you put RMxxx you will get back RMxxx guaranteed... right?? - pls correct me if I am wrong.
5. Its also for legacy planning cause apparently if you goes down under (dead), touch wood, your next of kin will get cash from this plan within a short period compared to other assets including cash in bank accounts which might take too long to be transferred to your loves ones and also properties which might take years to settle...

Cons
1. It will locked your money until maturity: early withdrawal will not get back your full money invested. Therefore must be pretty sure you won't use that money until maturity.
2. It won't get as high return as other investments such as shares or even maybe unit trusts but those are also riskier..
3. The return might even be equal to FD but FD no insurance coverage on you ma...
4. If you are so into returns maybe you should not put your money in this instead invest in riskier schemes...

Anything else??

Hi adele123

If the performance is worst than FD i.e the plan achieving only 2% return then that's really bad..

From what you have replied for Pros = 1,3,5 it is fine for me but for 3 just to clarify, I thought PIDM is to protect the depositor from an institution like a bank when it goes bankrupt.. Are you saying if the bank goes bankrupt PIDM will payout when the depositor is dead??

For Pros 2 and 4 I hope you have some actual past performance that you can share to support your answers... I just want to be crystal clear if you don't mind

For Cons number 2 - even if the underlying asset is unit trust itself but there is already a guaranteed price so I guess it will be less riskier than unit trust right? correct me if I am wrong again.

Thank you