Is this a plan where I will get my money back?

This is an ilp that combines protection and 'investment'. The glb asset allocation fund isn't really doing well from what I've observed; I've personally switched out of it for my legacy ilp plan years ago. Get in touch with your financial planner to review your portfolio and if it will be better to switch to another fund (I suspect it will). Or get Luke Ho to take over as your servicing agent and plan something out for you if you want to continue down the ILP route.

For ILPs, there is no guarantee of fund returns. The only guarantees are the fees levied on the plan.

Hi Anon,

As Zhe Liang mentioned, if it's an ILP, your returns are non-guaranteed, even the premiums you have put in are also non-guaranteed as well, as they are used for your mortality charges and also investing in the funds you selected as well. Meaning it's your own responsibility on whether your investments are profiting or not.

If you are looking for policies that have more guaranteed returns, then I would suggest that you look into participating policies, where part of your premiums are used by the company to invest into different investment instruments, from bonds to equities and even property. And when these investments made by the company make money, the company will declare part of them as bonuses to every par policy owner yearly. So this could be something that you would want to look into