Bought Maxgrowth Enhanced few yrs ago. Now looking at it, realised that the guaranteed sum is actually lesser than what I paid in total? Can anyone give me advice?

Thanks for sharing your experiences here; very helpful to know this affected many of us.

For those whose policies are maturing in 2026 or later: has your most recent bonus statement shown any upward revision to the projected maturity value, compared to the reduced figure that appeared after the 2022 adjustment?

The reason I ask is that the fund has posted positive returns in both 2023 (+6.3%) and 2024 (+4.3%) according to GE's own participating fund updates. I'm curious whether those later-maturing policies are starting to see the terminal bonus rate recover, or whether the reduced rate has simply been locked in regardless of subsequent fund performance.

No need to share exact dollar amounts, just whether your projected maturity value in the latest statement is higher, the same, or still at the post-2022 reduced level would be really useful to know. Thanks.

Seems like i am not the only one! Lol. Lesson learnt.

A painful one 42% loss of capital.

Of course, the Insurer/Advisor will then advise that at least you get the coverage for the Sum Insured.

Well , 10 years ago we might not know how those institutes involved in the money game and play with the numbers.

So, as normal lay man, we should pick up our financial knowledge and manage our money according to our own needs.

Upon maturity and withdrawal probably considering allocate into Index fund - the two strongs countries and let it run for 5 years (paid premium for 5 years, capital is now ~halved) will come back and update.

Happy Friday everyone!

​

When MaxGrowth Enhanced plan matures, does it automatically pays out into ocbc or need to fill in redemption letter?

Fraud I Totally agreed. lesson learnt and will never ever again.