Investment-linked policies (ILP) have been sold a lot over the past decade or so, and as people become increasingly knowledgeable about the pitfalls of such policies, questions are starting to mount about what to do with one’s ILP. Here is my take and personal opinion on what you should do with your ILP, though do note that as with everything else on this site, it does not constitute personal financial advice. I’ve talked about why ILPs are bad multiple times before, but here is a quick recap: High upfront costs – ILPs have high upfront costs which are mostly incurred as commissions paid to the agent and their manager High ongoing costs – ILPs invariably involve high ongoing costs like policy fees, annual management fees etc. which eat away at your investment returns High fees are paid The high costs are...