Danger of the upfront bonus

If an agent sells you an investment linked policy that provides an attractive upfront bonus, you must avoid it. Many people have bought the policy for the bonus but did not realize that they have to pay back for this bonus in the additional charges under the policy. To make matters worse, even their own savings can be at risk, if they do not carry out the policy for 25 years or longer.

This is explained here:
www.fisca.sg