Some of these agents, who are supposed to be trusted professionals, who do not know why the policies are bad for their clients. They do not understand how the "effect of deduction" reduce the return on the policies from the projected yield of 4.75% down to 2% or less. At a yield of 2%, the return cannot cover the inflation rate.
If the policyholder cannot continue the policy to the maturity date, they will suffer a large loss of their savings on termination during the early years. Many policyholders suffer this fate. These agents are responsible to cause large losses to the clients who trusted them.
Some agents already know that these policies are bad for their clients. But they think only of the commission that they earn. They are dishonest and unethical. I would even call them "crooks".
These agents, who are either idiots or crooks, were surprised to read my views and pointed out that I had headed a life insurance company for many years. They don't know that the life insurance policies that were sold by my company (actually a cooperative) gave a yield of 5% or higher, which was more than able to cover the rate of inflation.
It was able to give a higher yield as the "effect of deduction" was much lower. The commission paid to agents was also lower.