It's not a scam....just a bad product....yhoytb for buying

As said above already, if you want insurance, then just buy insurance.

And the only 2 you need are term life and surgical/hospital....and make sure you can max your tax relief.

Forget even whole life ...if you die at 80 why need to give money to your children?

Coverage depends on your insured sum ...tenure you decide....both you decide and the bigger and longer the higher the premium....

Calculate based on your circumstances. I figured that my family commitments will be over by the time I reach 60, so my term ends at 60....it lapse after that, I get nothing after that....but if I live beyond, I don't need the insurance payout anymore....so bye.