Financial: The useless ILP, and how to go about terminating it

[Aaron carter]

https://www.domainofexperts.com/2017/10/financial-useless-ilp-and-how-to-go.html

 

[knowwhatyouwantinlife]

Finally someone who has seen the light...unless it is saving for a kids University fees and the market tied to the unit trust is at or near an all time low, if not its just a farce to enrich agents

 

[jurongwest]

never say which insurance company hmmm

 

[Hightech88]

ILP insurance should have been banned worldwide a long time ago. It's an evil insurance scheme meant solely to suck maximum from policy holders with minimum returns (and mostly negative til maturity) and maximum incentives to insurance agents.

 

[congo9]

If you have enough money, I just put your money in her s&p 500

 

[jsctan]

The ILP started quite a good policy. But maybe it involved to became a bad investment plus protection since payout no longer good.
If it is the case, just go for protection. Invest in other areas instead.