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Opinion on GREATLife Endowment Insurance II VS AIA pro wealth advantage
Which one is better? Im looking at endowment + investment plan.
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Quick calculation from the two illustrations given, great eastern one gives a better yield, although it is nothing to be excited about. the latest SSB already gives better yield. somemore backed by the government.
caution that illustrations are not guaranteed. insurance company can change (read: lower) the interests rates at any time to their favour. and there is also no guarantee of their investment results.
also do be aware that as with all insurance products, you need to commit to the premium terms. if there is slip in payments, you could lose all your money.