How do I differentiate investment linked plan from others? But there are insurance that are not ILP, but do having the invest nature that will pay us some interest?

Hi anon,

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Probably the simplest way to know if a plan is an ILP is to look at the illustrations.

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If there is zero Guaranteed Surrender Value but a non guaranteed surrender value or cash value (SV/CV), then you're very likely looking at a ILP.

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Any plans that have a guaranteed CV means that the insurer is taking on the responsiblity of getting the investment returns. Those would involve their participating funds (PAR funds)

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Any plans without a guaranteed CV but with a non guaranteed CV means the onus is on you (or indirectly, your choice of funds) to get returns.

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Anything without a CV of any sort is a pure term plan.

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It doesn't matter what the projections are in the table. They may be 4% and 8% now, but they were higher before, and will probably be lower in future. What matters is the guarantee.

Did not search up what is flexi living protect, but it sounds like a Whole life or endowment plan

ILP illustration table normally show you 4 & 8% calculation, and it won’t show guarantee cash