Investment-linked Policy – What should you know before buying?
DATE :
9 Mar 2023
TIME :
8:15 pm – 9 pm
VENUE :
Online ZOOM Webinar
COST :
Free
About:
“High potential return” “Super flexible, can take out money anytime” “Best plan ever, even give you free money to invest” More often than not, ILPs are preached to be a “too good to be true” scheme. While there is nothing fundamentally wrong with the above sayings; however, there is so much more that we to know about an ILP before buying one.
Of all the available financial products in the market, ILP is no doubt one of the most complicated options, given that there are so many features running altogether in one single policy. That includes the charges, the bonuses, the insurance protection component, the investment, premium holiday feature, partial withdrawal feature, you name it.
How then can we benefit the most from an ILP? Who should/shouldn’t buy an ILP? Why is ILP designed this way?
This webinar focuses on unpacking the mystery of an ILP from a professional Financial Advisor’s point of view. No more long chunk of policy wording to bore yourself, let’s all embark on the journey of understanding ILP in a fun and easy way!
Agenda:
- What is an ILP?
- How does your money work in an ILP?
- How can we make full use of the various features in an ILP?
- Under what circumstances can we benefit the most from an ILP?
- What are the alternatives if ILP is not suitable for me?
Details:
Date: 9 Mar 2023, Thursday
Time: 8:15 pm to 9 pm
Venue: Zoom
This webinar is open to public and GEN clients.
Speaker’s Note:
“Ever since I first started sharing my personal thoughts about ILP through the online platform, people often come to me for a second opinion about their previous decision made on ILP, which is now causing pain to them, both mentally and financially. Some common problem that I have found out, usually from an in-depth discussion, is that the ILP plan that they bought was not even a good fit in their financial plan to begin with. Being one of the most complicated products available in the financial market, ILP is often not positioned properly during the sale process, either due to the product isn’t being explained in full(the downsides especially), or the product is being sold on greed(instead of needs)
In this webinar, I hope to demonstrate the correct understanding of an ILP, and how it can work best in our favour to achieve financial goals.”
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