Is AIA Pro-Lifetime Protector Max insurance good as a temporary life insurance plan?

Hi Anon,

My advise would be.... to keep the policy and when you have a stable income look into getting another policy which will give you the coverage that you would need then.

Also as mentioned by both Kaycee & Zhe Liang, as it's an ILP, there is no capital guarantee as the premiums are used for investing into funds that you selected, so you might want to check on the fund performances on a quarterly basis and do any re-balancing of funds to have the most ideal portfolio based on the past funds performances

AIA Pro-Lifetime Protector Max insurance is more for investment rather than life protection. My Insurance Agent recommended me that and I just bought without understanding it. Looking at my plan now, if the fund is doing well at 8%, I can only break even 12 years later, because the monthly premium goes into paying for management fee, coverage etc. You definitely can get back your money after 2 years but not all (Say you put in $3.6k across 2 years, you can only get back e.g $500). If you want life plan, don’t think this is the best plan for you. However I am saying this not as an expert, but a consumer POV. No harm seeking 2nd opinion from a different Insurance Agent. Would be good to do your own research too!