The hidden costs of investment-linked insurance plans: WealthBT

Investment-linked insurance plans, or ILPs, are often touted for their dual benefits of protection and investment returns. But do they live up to the claim? In this episode, Genevieve Cua, wealth editor of The Business Times, unravels the five common misconceptions about ILPs. Learn about their high costs, and find out if they truly offer the protection and investment returns they may promise. Synopsis: Learn to protect and grow your wealth in this monthly Business Times podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua. Highlights of the podcast: 01:56 Capital guaranteed upon death? 03:45 ILPs’ many fees 05:04 Do ILPs really protect you? 06:10 How much return do ILPs offer? 06:50 Should you buy an ILP? --- Send your questions, thoughts, story ideas, and feedback to [email protected].  --- Written and hosted by: Genevieve Cua ([email protected]) Edited by: Emily Liu & Claressa Monteiro Produced by: Genevieve Cua, Emily Liu & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media --- Follow BT Correspondents: Channel: bt.sg/btcobt Amazon: bt.sg/btcoam Apple Podcasts: bt.sg/btcoap Spotify: bt.sg/btcosp YouTube Music: bt.sg/btcoyt Website: bt.sg/btcorresp Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: bt.sg/btmoneyhacks BT Podcasts: bt.sg/pcOM BT Market Focus: bt.sg/btmktfocus BT Branded Podcasts: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.