Difference between Flexi Link and Ideal plans

Hi Mr. Tan,

I am confused about the Combined funds. It can be invested through Ideal and Flex-link Policy. What's the different between the two?

REPLY:

The Flexi Link is a single premium policy. 100% of the premium is invested, but you suffer a spread of 3.5%.

The Ideal is a regular premium policy. 85% of the premium is invested during the first 3 years, i.e. you suffer a distribution charge of 15% for 3 years. The remaining premium is invested at the same spread of 3.5%.

It is better to invest in the Flexi Link as you avoid the additional 15% charge for 3 years. There are other charges that you have to consider.

You can read this FAQ:
http://www.tankinlian.com/faq/ilp.html