Back then i was rather ignorant on things such as financial/investment/insurance.
After settling most of the study loan and managed to get a loan for the family house, i was already reaching 30.
So in 2016, i signed up this Allianz PowerLink (which i did not really understand at that time was ILP, thinking it was a insurance package) through my colleague/friend.
I was told that all i need to do is pay the premium of rm280 and i'll be covered till the maturity date.
We set up an auto-pay using credit card and i've never missed a single payment.
Here's the breakdown:


However, due to my 1cent brain cell, i've never bothered to check any statement.
I think i've opted for e-statement or something, so i've never received a physical copy ever.
Fast forward to last month, i thought of downloading the app and have a look since its almost 10 years and i haven't spoke to any agent since signing (colleague/friend stop being agent after few years, new agent never approached).

Looking through all the yearly statements and 2 notices (repricing 2022,2025), it seems that i was suggested to "top up" since the 4th year itself.
In the 2019 year end statement, it noted that my policy coverage is projected to last for the next 34 years and 4
months, and i need to revise regular top up rider premium of RM 374.00 such that the insurance coverage is projected to last until the maturity date of 05/07/2086.

@_@ What's this about coverage of 34 years? Why the top up? I thought all i need to pay is rm280 till the maturity of each plan?
So i start digging and reading, and now i have some understanding of what i really signed up for. T_T

Evidently, i skipped the repricing notice as well. Asking for a new premium of rm402.
And then last year's statement asking for rm676.
And now, the latest repricing notice, double by year 5 (20% increment per year, rm560 at year 5) for 24 years sustainability, with optional top up rm227/rm420 to sustain up to age 70/80 respectively.