certain amount of premium paid being used to invested in mutual fund, and once you reach certain age then you can use the amount in mutual funds to continue pay insurance premium (you dont need to pay using your own money).

wow, 2 life insurance plan ... i only have 1 life insurance, in case touch wood anything happen got some $ leave for family ..

ilp investment fail, you will only have lower return or negative return, it is using premium to invest in mutual funds...

you dont need to topup anything....

You can use the return to offset with your future premium, not the current premium ... for my insurance i can only use the return to offset premium after age 60 or 70..

ilp concept is just that you pay a little more now to invest, then use it in future ... of course if you go for normal medical card, you pay lesser now, but you need to pay more/longer in future, so is lebih kurang the same ...

Yes, the cash value maybe will lower than the plan they show you, as i know they use historical of 5-6% return when stimulating the plan ...

I bought Great Eastern.

Medical - RM 350 per month
Death/Total and permanent disability (TPD) - RM 50k
Medical coverage - RM 900k, increase Rm90k every 3 years if no claim
R&B - Rm 150 per night

Life - RM 400 per month
Death/Total and permanent disability (TPD) - RM 500K, if Accident Death x 2, Public conveyance x 3, Oversea accident x 4.
Critical Illness - RM 200K (Deductible from Death/Permanent Disabilty)