sorry to revive old topic, but i think it's quite impressive your friend's total cash value is more than yours at all.
assuming both of you are around the same age, same medical condition, etc etc. your friend's higher premium indicates that she has much higher coverage in terms of life, medical, maybe critical illness etc.
there is a break off point of cash value, or fund invesment where you will see a sudden acceleration of the value/amount.
it's some sort of simulation that the insurance company feel that your balance's interest/earning can cover the rising costs every year
after that break off point, 95%? (maybe, example) of your premium will go into cash value/ funds invested

to cover higher coverage, you will reach the break off point later. but after the break off point, it will increase much faster.
for research purpose only, we can look at the difference again after 2 or 3 years.

i'm not proper insurance guy, but i think there's some relation between these stuff

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