Is the 3-4 percent of the whole life plan guaranteed?

I stumbled upon something which may also be of good use. I could have shown it but due to time and also complexity, best to read it as a article.

https://www.clearlysurely.com/blog/technical-sm...

The article explains why you do not see the 3-4% in the initial years.

To answer your question on the 3-4%, it is the expected amount (since the inception of endowment policies), that this would not be cut (case in point, AIG did cut 100% Terminal Bonus during the crisis).

It also depends on the policies (the gauranteed column).

No. It is not guaranteed. The 3-4% pa is merely to entice you to buy the policy. Only the reversionary bonuses declared every year is guaranteed. Do note the reversionary bonuses declared is less than 3-4% because of insurance companies' practice of smoothing the bonuses. That being said, I am not saying insurance is not important. Insurance is in fact very important. But you need to buy the right type of insurance. Just my humble opinion.