Investing via regular premium plans: Watch the costs

Total expense ratio comprising insurer, fund charges could exceed 3% in worst-case scenario

If your objective is to commit to a long-term investment, you should scrutinise and compare ILPs' charges.
If your objective is to commit to a long-term investment, you should scrutinise and compare ILPs' charges.PHOTO: REUTERS

Regular premium investment-linked insurance plans (ILPs) are a staple among life insurance companies' offerings.

Their attraction typically lies in the bundling of insurance and investment, even if the protection value may be modest at best.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Sunday Times on September 30, 2018, with the headline 'Investing via regular premium plans: Watch the costs'. Subscribe