Hi experts, recently someone shared with me this Great Life Advantage 2 and I only know it is an ILP and based on my noob understanding, I should avoid ILP at all cost. I saw there is "Guaranteed" value under "Death Benefit" and they also have 2 columns namely "illustration at 4.00% investment return" and "illustrated at 8% investment return". That apart, what is your view on this particular product? Thanks in advance.
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Great Life Advantage 2 - Needs Advice
- Thread starter nethdale
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Who Replied?boredboiboi
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Hi experts, recently someone shared with me this Great Life Advantage 2 and I only know it is an ILP and based on my noob understanding, I should avoid ILP at all cost. I saw there is "Guaranteed" value under "Death Benefit" and they also have 2 columns namely "illustration at 4.00% investment return" and "illustrated at 8% investment return". That apart, what is your view on this particular product? Thanks in advance.
Why not say what like and what u dont like? Death benefit is always guaranteed
Seriously, I just like to know if that guaranteed value indicted eg $200K on the sheet which I saw is guaranteed? Thanks.
It's guaranteed, if you die....
Hi experts, recently someone shared with me this Great Life Advantage 2 and I only know it is an ILP and based on my noob understanding, I should avoid ILP at all cost. I saw there is "Guaranteed" value under "Death Benefit" and they also have 2 columns namely "illustration at 4.00% investment return" and "illustrated at 8% investment return". That apart, what is your view on this particular product? Thanks in advance.
8% illustration for an ILP is ridiculous... No way they can perform that much after all costs and fees.
Even 4% is lucky over long term...
Don't buy ILP, unless you like paying fees more than getting returns.
It's guaranteed, if you die....
8% illustration for an ILP is ridiculous... No way they can perform that much after all costs and fees.
Even 4% is lucky over long term...
Don't buy ILP, unless you like paying fees more than getting returns.
Hi, thank you so much. I will share with my friend, probably already out of the 14 days.
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