Test your knowledge of how well you can read and understand the Benefit Illustration for an investment-linked policy.
Even if you don't know what to look for, you will get to know it, after reading this article.
You will be shocked to know that so much of your accumulated premium is taken away by the "effect of deduction".
http://tankinlian.com/admin/file.aspx?id=792&IID=799
So many people have invested in an investment-linked policy (ILP) without knowing that they are getting a poor yield.
Why investors are getting poor return is due to the following.
ReplyDelete1. the insurance agents or the so called financial consultants are unqualified and dishonest..
2.the agents are salesmen who peddle ILPs like casino products
3.The insurance companies are cheats
4.the regulator is not enforcing