AIA Pro Achiever 3.0

Hi all,

I happened to get introduced for the above ILP last week. $12K per annum for 10 years, 3.9% per annum charges, 1.5% management charge included in the fund price. There is a welcome bonus of 15% (1st year), 18% (2nd year), 20% (3rd year).

Let's say I invest for 10 years, I plan to withdraw the amount on the 15th year onwards, is the investment worth it with the charges & with the expected returns of ~8%? I do have diversified portfolio in SG, US stocks, DBS ibanking ETF funds. If anything happens to me, nominee will get the premium paid or the market value whichever higher.