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ILPs: Invest with eyes wide open

The cost structure is complicated, especially those designed with dual accounts, where the fees for the two accounts may differ

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Genevieve Cua

Genevieve Cua

Published Mon, Mar 3, 2025 · 06:00 AM
    • Because of costs, investment-linked insurance plans' returns may be far lower than initially projected.
    • Because of costs, investment-linked insurance plans' returns may be far lower than initially projected. PHOTO: PIXABAY

    HERE’S the low-down on investment-linked insurance plans (ILPs): They are complicated.

    I reached that conclusion after going through the product summaries of at least a dozen ILPs from multiple insurers, taken from the compareFirst site, and some benefit illustrations.

    ILPs’ cost structure is complicated, especially those designed with dual accounts, where the fees for the two accounts may differ.

    Mind the GapInsurance

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