Tag Archives: investment linked plan

Your Insurance Portfolio: Optimized or Obsolete?

Recently, I met up with a university friend who is in her mid 40’s. She was interested to have me review her existing insurance plans. She is single and her main concern is to be financially independent should anything happen to her. The other concern of hers is to be able to provide for her… Read More »

ILP – A Ticking Time Bomb

“Insurance ‘Time-bomb’ Set To Explode” This Straits Times article title caught my eyes way back in Feb 2005. A regular premium investment linked product (ILP) combines insurance with investment (unit trusts). The underlying investment risk is born entirely by the insured. This means that returns are subject to market volatility and hence, not guaranteed. Why then… Read More »

ILPs and Escalating Insurance Charges

I have many clients whom have bought regular premium Investment Linked Plans (ILPs). All are unaware of the escalating insurance (or mortality) charges as they have never been informed of these charges when they were sold the plans. So, you can imagine the disbelief on their faces when I explain to them the impact of… Read More »