What will happen to insurance investment schemes?

I echo the sentiments of the other answers here and will recommend you separate insurance from investments. You can do better investing directly or via an advisor without being subjected to the myriad of terms and conditions that come with a policy contract.

Don't mix insurance with investment.

Inevitably, you will invite extra management fees (from the insurers), extra admin costs, extra sales charge etc.

Every insurance-investment policy has this admin/policy fee stuff that no one can ever explain...

$5 per month for policy fees

Feeder fund policy fees, where insurer charge a small fee for sending your money to the investment fund (where u could have done it yourself)

management fees are usually higher than normal funds.

sales charge (to the adviser and manager and his director)

and of course mortality charges.

worst of all? they don't get these fees from the money you paid directly. Your money buys units in the funds, then they deduct the units from your fund immediately to pay those charges. You know why? Coz they get to earn an extra 5% off the spread between bid-ask for the funds.

EXTRA PROFITS for them =)

Get Investment straight from the investment experts.

You don't go to a dentist to ask for cardio heart issue right?