TS did buy insurance for his kid too.
Just imagine when his kid age 25, and the nanny still there to service?

TS, dont feel sorry to say NO to your mom.
even if you buy ILP, you still at least need to pay for 20yrs ++
it's a huge amount of money and it doesn't guarantee good service from your mom's good friend =.=

thats why i say NO NO NO to my mom when she suggest me to buy insurance from her old friend..

in my opinion, even if you already fully understand your policy and assume that the policy is very suit your need.

can you confirm that the aunty able to provide good and efficient service to you, wife and your kids?
(touch wood, if she pass away, who's going to take over her task? her son in law?)

insurance is long term commitment and we need long term support/service from the agents. please don't blame your mom if there's anything happen in future, because it's you who make the decision now..

just m 2 cents.

dkk,

there's always bad apples among the agents, some responsible agents will keep service you even they earn nothing from you anymore.

as i know, an agent can earn up to 40% from the policy up to 7 years. (the % they gain from policy decrease by year)