there you go...

AIA A-Life Signature Beyond
Allianz PremierLink
Great Eastern Smart Legacy
Prudential PRUWealth

How old are you?

Suggest go multiple quotation.

ILP if young.

Go for it! Rmb protection not investment.

If the agent mouth split the package as investment driven, go for another. He is not good planner.

A good planner will ask your job your concern your previous policy your expectations first.

And will explained to you what happens if specific scenario happen etc

No when how much you will earn after X years.

Thanks for the advice.

Yes. Mind share your age, occupation and more details?

Will PM u. Thanks

Just for you guys information, Great Eastern just released a plan for unborn baby

Can you elaborate on its coverage, etc.?

May i ask for AIA A-Enrich Gold is we can get the money guaranteed for the next 20 years? My agent quotes me by paying RM3700++ per month for the next 6 years, i will get RM5000 guaranteed for every 2 years and the amount increases after 10 years. Is it worth than place FD since i am not a ppl who knows how to invest?

While waiting for real sifus to come gives comments....
I kay poh abit.....
Aquick calculstion excluding otjer factors.....
5k every 2 yrs = 2.5k every year...
3700 x 12 mth x 6 yrs = 266k
Thus 2.5k of 266k = abt 1% per year

don't get con, there is a Guaranteed and Non-Guaranteed portion within the policy. The average out % return I calculated to be around 1% - 3%.

Got so good haha.. You want purely saving? If yes, you can take a look at Great Eastern - Great Flexi Plus (https://www.greateasternlife.com/my/en/personal-insurance/find-the-right-plan/save-for-the-future/future-goals/great-flexi-plus.html)

Wow so ganas. Straight up to RM3700
To get the guaranteed portion, you cannot withdraw the money for 20 years, for the earlier funds la. later ones consider as 14 years (20 - 6)
It is about same worthiness as FD. But cannot take out for 20 years. FD at least 12months - 18 months duration
But then, if you specifically want the money to stay out of itchy hands to spend, then it's a good place to keep your money
Please reverse engineer investment amount from your spare cash, don't let agent reverse engineer from how much commission he/she need

3.7k is quite a high amount. For a month.

I’m going to be crude here and straight up say you’re gonna get chop “carrot head”.

Hope you get the joke.

I’m sorry.

Jangan boy.

Actually RM5000(every 2 years) is for 10years, afterwards is RM8000 every year and RM12000 year 15. There are the guaranteed part and the non-guarantee (fund). But based on all the response here since like this is not a good deal...Thanks for all the opinion!

Btw any medical card plan is suitable for adults aged 59 and 61? Looking to get one for my parents and not so expensive for the monthly fees (within RM400 - RM600)...

This post has been edited by stevencjh: Apr 18 2019, 05:27 PM

Could you provide more details like, are they still working or retire.

Great Eastern - Great Flexi Plus

Pay 20 years - RM 2400/y (rm 48k)
Guaranteed return - RM 28800
Non guarantee return - RM 24000 - RM 48000 (5% increment if company is doing good)
Plus there will be waiver for this plan.

Anyone surrender Prudential policy before? Anything that I should be aware off before/when surrending my current life/med insurance.

Reason, recently I review back my current insurance (so long no upgrade my current policy) and make compare with Great Eastern, found GE seems to be very good, at least no co insurance and med card until 99 years old.

Btw, my current med card coverage until 69 years old, meaning after I 70, I sick also useless since no med card coverage

Remaining loan amount is 450K.

How long is the loan tenure left?

The MRTA is expiring in 2 years? That means you took a shorter MRTA than the loan tenure correct?