Yes, I'm 100% agree with it. Insurance is for protection or saving but NOT for investment. The main reason is let say the market down (as now), then the protection of insurance will reduce. I'm feel pity to those who need the protection during market down.

For better financial planning, we should separate insurance and investment. I strongly suggest those who want to invest may go for unit trust(almost same as investment-link), share, futures, forex, property and so on.