Compare before you commit

Would you rather compare Investment Linked Policies  (ILP) now, before making your financial commitment? Or regret when you find out years later, that you are not getting the best Investment Linked Policies (ILP)  for the premiums you pay?

Even worse, to know you can compare Investment Linked Policies here, 100% free of charges by InterestGuru.sg.

Read About: 4 best Investment Linked Policy in Singapore (Updated)

What is an Investment Linked Policy (ILP)?

There are 2 types of Investment Linked policy (ILP) in the market.

1.  An Investment Linked policy (ILP) that has both Life insurance and Investment components. Your premiums are used to purchase units in Investment Linked sub-fund(s) of your choice. A portion of the units you purchased are then sold to pay for insurance and other charges, while the rest remain invested.
2. A pure Investment Linked policy (ILP) that works solely for Wealth Accumulation. Majority of these plans are principal guaranteed upon death.

Currently, there are 2 premium payment options for Investment Linked policy (ILP).

• Single Premium Policy – Lump Sum placement to purchase units in a Unit Trust sub-fund(s). Lower health and protection coverage compare to regular premium policy.
• Regular Premium Policy – Premium paid on an ongoing basis, health and protection coverage can be adjusted based on individual needs and preference.

Read About: How does Investment Linked Policy work?

Read About: Investment Linked Policy: Is it the best option?

The benefits when you compare insurance policies

At interestguru.sg, we believe that you deserve the best for your Insurance Portfolio. We seek to compare insurance policies across all insurance companies in Singapore. By providing complete and unbiased information, you will be able to make a well-informed decision on your financial plans.

Related: Balanced Insurance Portfolio

Remember: Your insurance needs are specific to you. We ensure that it fits your individual financial goals and objectives.

If you don’t want to sweat the details, just scroll to the end of the page and let us contact you accordingly.

Read about: 3 things to consider before taking up a new financial product

Read about: Where do I start with financial planning?

How do we compare Investment Linked Policies (ILP)?

Depending on your individual financial needs, we will compare Investment Linked policies (ILP) for you based on:

• Policy Charges: One of the most important aspect for comparison. Higher policy charges means your policy will take longer to reach your targeted investment goal.
• Cost of Insurance: If Wealth Accumulation is your ultimate goal for investing, you have to choose a plan that does not provide coverage, and hence, does not charge Cost of Insurance to your portfolio. Cost of Insurance will take a toll on your investment returns, especially if you are 40 years old and above. Cost of Insurance rises as your age increases, and units will be deducted to pay for your Cost of Insurance. If your Cost of Insurance is higher than your Investment yield, there might be a chance that your plan will lapse. Therefore, it is important to review your existing Investment Linked Policy (ILP) to understand more about your current plan. Contact us today for a Free Portfolio Review with no obligations! Don’t need to thank us. Sharing is caring!
• Minimum Investment Period (MIP): Minimum Investment Period (MIP) refers to the minimum number of years you need to pay for your premiums. Premiums not fulfilled during the Minimum Investment Period will be subjected to Premium Holiday Charges, affecting your overall yield.
• Premium: The minimum amount of premium payment required for the Investment Linked policy (ILP). Premium stays the same throughout the payment premium.
• Supplementary Riders: The availability of riders for add on to provide comprehensive coverage or waive premium payment when an insurable event occurs.

What are some of the Investment Linked Policies available?

Without preferences and in no order of ranking, here are some of the popular Investment Linked policies available in Singapore:

• HSBC Life: HSBC Life Wealth Abundance
• Etiqa: Etiqa Invest Smart Flex
• FWD: FWD Invest First Max
• Singlife: Singlife Savvy Invest II
• Manulife: Manulife InvestReady III
• Tokio Marine: Tokio Marine GoElite

Read About: 4 best Investment Linked Policy in Singapore (Updated)

Too much information?

Don’t get overloaded with information. How about letting us compare and provide our recommendations, while you sit back to consider the proposal?

Find the best Investment Linked policy (ILP)

Our partnered advisor will draft their recommendations and proposals based on your given input. Your information and details will only be used for communication with you. All comparisons done are solely based on your individual needs.

We compare Investment Linked policies quotations head to head on all leading insurers in Singapore

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Drop us your contact details and let InterestGuru.sg contact you instead. We may assign one of the partnered Independent Financial Advisers to work on your enquiry at no cost to you.

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