If you’ve dipped your toes enough in the insurance scene or have conversed with friends and financial advisors, you’d probably have heard of different opinions on investment-linked policies. While its payouts might sound lucrative, there’s another camp that strongly believes that mixing your life coverage and investment policies might be recipe for disaster. With the wide range of policies available out there, it is always a good idea to do your due diligence and take a quick read on what features you should look out for in different policies, so you can grasp a better idea of which are the most suitable for you. What to look out for when purchasing Investment-Focused ILPs? Minimum Premiums There are 2 types of ILPs – single premium ILPs and regular premium ILPs. While most opt for a regular premium ILP which allows them to make monthly or annual payments throughout the policy term,...