This insurance agent I know came to talk to me about an overseas investment fund. He told me like an investment expert he has done his research and analysis over the last 2 years, his conclusion is the fund gives good returns and is very safe. On further enquiry , he told me the fund invests in futures.

To my knowledge futures are very risky investment, and this guy doesnt even understand some of the basic stuff about investment. The reality is insurance agents are not investment experts even many of them called themselves financial planners. Before committing on these investment, always better to get a second opinion from an accountant or somebody knowledgeable as these financial planners will not -
Give you fair and unbiased advice since they are trying to sell and make commissions
Many of them dont even have proper knowledge to offer good advice