What are your views on Insurance Savings Plan and Investments (incl. Robo Investments, e.g. StashAway) in terms of liquidity?

Insurance Savings Plan is likely to have lower liquidity as it typically ties up your funds for 10-20 years. Otherwise, there will be a huge penalty on your capital.

If you are not prepared to put aside the funds for a long period of time, you should not be going into Insurance Savings Plan.

In addition, with Regular Savings Plan (ETF) offered by local banks and brokers and Robo Advisors, Insurance Savings Plan has become less appealing due to its high front load fees and lack of liquidity in nature.

I am a big believer to keep insurance and investments in separate buckets and not mix them. Whether you use kristal.AI's free uto 50K USD ETF baskets or choose your own from any Robo, I would advise keeping insurance premium different from investment goals and baskets. The more you bundle things the more opaque the pricing and liquidity get. I have hundreds of clients who have told me horror stories of how mixing the 2 buckets not only led to sub-optimal returns but also they overpaid on insurance premiums. I agree with your friend, having liquid investments in low/medium risk baskets is safer; do get your risk profile done online for free when you get a chance at kristal.AI

Happy to help if you need more inputs.

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