Saving plans are great if you are those itchy-hand type.. see money only must spend wan. No discipline wan....

Other than that... stay away from it. Its IRR is lebih kurang FD rate nia...

Xuzen.

First rule in finance, there is no free lunch.

TS had insurance coverage during the time he kept the policy in force and insurance cover comes with a cost. Cost will be levied upon you. There is no free lunch,, you have to pay that cost to the insurance company. It is a contract, you signed it, and since you not invoke the cooling off period, hence you are deemed to accept it in good faith.

You are free to sever the contract aka surrender, but that again comes at a cost, again back to rule no 1, there is no free lunch in finance, all comes at a cost.

Xuzen