InterestGuru.sg6 Best Investment Linked Policies (ILPs) presents a list of the for your insurance coverage and wealth accumulation needs:

Best investment linked policy for policy chargesFWD Invest First Summit –
Best investment linked policy for coverageManulife ManuInvest Duo –
Best investment linked policy for affordability Etiqa Invest smart flex–
Best investment linked policy for wealth accumulationHSBC Life Wealth Abundance –
Best investment linked policy for shortest premium paymentManulife InvestReady III –
Best investment linked policy for single premiumTokio Marine #GoElite Secure –

What makes a good Investment Linked Policy?

Investment Linked PolicyThe main objective of any should be for wealth accumulation through dollar cost averaging. By investing regularly over a longer period of time, you ride out volatility to achieve long-term market growth in your investment plan.

There are mainly 2 types of Investment Linked Policy (ILP) in the market focusing on:

High Wealth Accumulation – Investment Linked Policies (ILP) in this category have a high initial capital boost to buffer for market volatility (initial negative market conditions) or enhance returns (initial positive market condition) of your investment plan. However, the boost will be negated due to high yearly product charges. Withdrawal and encashment are usually heavily penalized which reduces your returns in your investment plan.
High Insurance Coverageoptions to remove insurance coverage – Investment Linked Policies (ILP) in this category allow riders to cover Critical Illness, Early Critical Illness, and Total Permanent Disability. The coverage for Death and Total Permanent Disability is also significantly higher. However, insurance charges and mortality charges will start to cause a reduction in your financial returns at the later life stages. Hence, and focus on investment returns will be an excellent feature.

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The Best Investment Linked Policies (ILP) for Coverage and Wealth Accumulation

The investment linked policies are hand-picked due to their product features and unique selling points.

Our criteria for picking the best Investment Linked Policies (ILP) are as of below:

Flexibility and range of available sub-unit trust funds
Options for removing protection coverage
Policy charges on the Investment Linked Policy (ILP)
Available protection coverages
Unique product features

Get Quote:Compare and get your Invesment Linked Policies quotes across different insurers

Note: The Investment Linked Policies (ILP) listed below are not ranked in any priority. Expect a break-even period of 10 to 15 years for all Investment Linked Policies (ILP) as most of the premiums paid in the initial years are used to pay for policy charges/admin fees and insurance charges.

Read AboutHow does Investment Linked Policy work?:

Read AboutIs an Investment Linked Policy right for me?:

Best Investment Linked Policy (ILP) for Policy Charges – FWD Invest First Summit

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Taking up an Investment Linked Policy (ILP) usually requires a long-term financial commitment. Constant portfolio management of the investment funds is necessar