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Old 01-08-2017, 08:03 AM
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When the stock markets and economy are doing well, ILPs will do well. Likewise, when stock markets tanked and economy heads south ILPs will do badly - including losing your money that you put into them.

You can read and learn from the experience of our local bloggers who have purchased ILPs and got burnt. Quite a few had terminated their investments with a loss after many years of paying the premiums. Some for as long as 20 years!

The conventional wisdom is to separate the two components. If you want insurance, buy insurance. If you want investment, invest. Dont combine the two.

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