The stupidiest product is endowment which you can mimic easily with a term and regular ILP to get better return like 6%. In fact this is what endowment is, a term plus a very conservative investment.. You can do better without having to pay high commission to agents and the company. Not only stupid but unethical product is anticipated endowment which many companies have in a disguised name like cashbacks or coupon or dividends. Don't be fooled by the convoluted descriptions of the products.
The stupidiest product is endowment which you can mimic easily with a term and regular ILP to get better return like 6%. In fact this is what endowment is, a term plus a very conservative investment..
ReplyDeleteYou can do better without having to pay high commission to agents and the company.
Not only stupid but unethical product is anticipated endowment which many companies have in a disguised name like cashbacks or coupon or dividends. Don't be fooled by the convoluted descriptions of the products.