Hi I dont quite understand front and back end loaded policies. is whole life insurance plan a front end loaded policy? the SV is usually 0 in the first 2 yrs because of higher COI in the first 2 yrs?

Hi, I am a financial planner and I just want to state that if you are looking at whole life policies, you should not be looking at the surrender value. The reason is because whole life policies are meant to cover your dependents and not an investment product. So the surrender value should be the last thing you are looking at. Just my advise.

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As for front and back-end loaded policies, it is generally more relevant for investment type policies like ILP. Front-end loaded means the charge is at the "start" but back-end loaded means the charge is at the "end". "Start" being when you first put in the money (i.e. pay the premium) and "end" could be a % fee that you pay yearly.