Investment-Linked Insurance Plans, or ILPs, have long been one of the most hotly contested financial products in the market. 

On one hand, they are promoted as a two-in-one solution, combining life insurance protection with access to investment funds, promising long-term wealth growth while keeping you insured. 

On the other, critics argue that high fees, lock-in periods, and complex structures make ILPs an expensive way to invest, leaving most policyholders with disappointing returns compared to simpler alternatives like “buy term and invest the rest.”

Can ILPs truly help you grow your money, or are they more beneficial to insurers and agents than to policyholders?

On The Hot Seat, Hongbin Jeong speaks with Farhan Samsudin, Deputy Director of Financial Advisory at Synergy Financial Advisers and Eddy Cheong, CEO, Havend, to find out more. 

Investment-Linked Insurance Plans, or ILPs, have long been one of the most hotly contested financial products in the market.&nbsp;
On one hand, they are promoted as a two-in-one solution, combining life insurance protection with access to investment funds, promising long-term wealth growth while keeping you insured.&nbsp;
On the other, critics argue that high fees, lock-in periods, and complex structures make ILPs an expensive way to invest, leaving most policyholders with disappointing returns compared to simpler alternatives like &ldquo;buy term and invest the rest.&rdquo;
Can ILPs truly help you grow your money, or are they more beneficial to insurers and agents than to policyholders?
On The Hot Seat, Hongbin Jeong speaks with Farhan Samsudin, Deputy Director of Financial Advisory at Synergy Financial Advisers and Eddy Cheong, CEO, Havend, to find out more.&nbsp;

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Advertisement