Conclusion:

ILP need to pay yearly fund management fee 1-2%. Return is so so at 3-4% ..

Ignorance people get mislead into buying ILP thinking the Investment can help to offset premium later. They pay a higher monthly fee to cover insurance and investment. Agent also get a higher commission.

The truth is, you can actually buy a standalone and invest the extra money your own way. You can offset the premium in the future using your own investment . Pay zero fee for investment and potentially higher return if you know how.

ILP is just a way for them to make more money. The fund manager charge u 1-2% every year and agent drive bmw.

The management fee don't go to agent. It's for fund manager that manage your investment fund. If you think 1% is low, times with the size of their fund then you know. Remember fund manager usually manage ten to hundreds of millions.

That one I have no idea. But think about this. ILP usually pay 3-4 times more per month.

The fee is in percentage. So who pay more at the end?

100 x 10% = 10
300 x 8% = 24

What u talking about? Even rich people buy insurance. Insurance is a good thing, protect you from the risk. Not the ILP.