Differences between AIA Smart Wealth Builder and GE Great Wealth Advantage?

I honestly think you need to talk to a proper Financial Planner who will tell you the pros and cons (which i hope you have already been briefed).

Without the context, its very difficult to look at whether its correct planning or not.

Hi anon, just did a quick search.

AIA Smart Wealth Builder looks like a perpetual endowment plan while GE Great Wealth Advantage is an investment-linked plan (ILP).

Some differences are:
1. Capital: AIA is capital guaranteed after a certain number of years while GE is no capital guaranteed (aka, there's a chance you could lose all your premiums paid)
2. Investment: No choice for AIA. AIA will decide what funds to invest in and declare bonus every year. For GE, you can decide what funds to invest in from their selected list of funds.
3. fees: For AIA, no such thing. Or rather, insurance charge already inbuilt into your premium. For GE(or rather, any ILP), there are many layers of fees. Please refer to product summary for them.

Both plans serve different purposes / needs. So I would suggest for you to think of how either of them fit into your overall wealth building plan before deciding your next course of action.