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Withdrawals

Source: JOOINN An investment-linked plan (ILP) is a 2-in-1 life insurance policy that combines protection and investment. The premiums that you pay provide you not only with life insurance cover but part of the premiums will also be invested in specific investment funds of your choice that suit your risk appetite. This helps your account value to grow and ride out market volatility with partial & top up features. Hence, ILPs have become popular over the years, and is now a mainstay in the product portfolio of many insurance providers. Meanwhile, traditional life insurance plan