Hello, u are buying INSURANCE, it is an EXPENSE.

U expect to pay RM8K and get back RM8K cash value, i.e. get insured for FREE?

Know your insurance and finance.

What is investment-linked insurance?
It is buying into UTs, and using the UTs' value to pay for your insurance costs.
E.g. your insurance cost per annum is RM2K, and you pay RM8K per year, you should get back only RM6K of value (assuming zero management fee, agent commission, charges etc, just for discussion purpose).

Don't simply tembak if u don't do your homework.

P.S - I'm not an insurance agent

I repeat - you did not read your policy document

Read the section on the rate of agent commission, and section on charges.

And, do u know that share markets did not performed well over the past 1 year and so?
UTs are investments, u expect your insurance company's fund managers to beat the market and deliver positive returns all the time?

I dare you to report to the insurance company, Securities Commission, Bank Negara or any higher authority, all will laugh u off.

Calling roystevenung
He's Prudential agent, NOT AIA agent. He will gladly tembak u into enlightenment.

i remember one saying, if buy insurance juz opt for sole protection purpose, don bother those saving plan, investment plan etc. if not mistaken, it was said by mr.chong the tax consultant who always appear on 988 and tv shows.

let say a PA per annum premium cost u RM1xx can cover rm120000 death + disable, then got medical expenses few thousands, dental benefits, ambulance, hospital incomes , etc

then juz add 1 medical card

Hi

From the look of it, you've purchased into an investment-linked policy, the first year commission is charged at 20% for distribution fee, this is written upfront in the policy and also in the proposal form before you accepted it. If the agent didn't explain this part, then blame on the agent that you bought from.

As for the product, it is across all insurance company, this model is run by all the insurance company, be it you want to jump to other insurance company, same foul cry you're going to make. It's not going to be any greener on the other side.

And if you're buying the investment-link policy for "CAPITAL Appreciation" purpose, then you're on the wrong boat son. Insurance is for protection, if you're looking for 8% - 35% return, forget  about it.

The problem here is not AIA, the problem is you buying the policy for wrong intention which was "capital appreciation".

How long was ur policy ago ?

Why haven't the agent deliver you the policy ?

Well you have your answer now. All the best