I have no investment experiences before. So want to get some suggestions.
Lately one insurance adviser was suggesting to buy one insurance policy as investment (they called it as saving plan ) . Here are the briefing.
Need to pay S$12K plus / year [ for 5 year ]
I will get S$2.5K back start form 2nd year until 15th year ( plus some non guaranteed bonus which are around 3.75% ~ 5.25%) .
Edited: on the 15th year, will get remaining of total of 60K as guarantee benefits.
As an insurance, there are also surrender values , death benefits.
Is it good enough too pour all those money (S$60K plus) as long term investment (15 years) for a single person like me?