萬用壽險 is just like savings a/c + insurance coverage.
The interest rate around 4% to 5%. You can deposit and withdraw at any time.
At the same time the beneficiary will receive the a/c balance plus the face amt when the insured is passed away.
But the defects of this kind of plan is you cannot withdraw much at the beginning and there is high withdrawal charges as well as insurance charges.
Before you make your decision to buy or not, ask yourself :
1. Is the interest rate attractive ?
2. Do you need insurance coverage ?
3. Do you need to withdraw in a very short period say 2 or 3 years ?
If the answer is not, I suggest you to buy the Savings Insurance or Mutual fund.
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