Is endowment plan a good to have as a form of low risk portfolio?

Review with your FA

For me, endowment plan is a no no when I need to lock in a long runway of years of commitment that hinders me from any life flexibility. ILP is a whole different discussion all together.

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My argument will be, just DCA into S&P500 or QQQ if you are looking at the 10 years or beyond horizon. Yes it's not guaranteed by any form of returns but if you look at where the future economy is growing towards and also the amount of commission goes to your fund managers for your endowment plan, then the answer is direct.