DBS are trying to sell me this product: Manulife Whole-in-One Protector Series 2.
Total investment is aorund USD200,000. But USD136,000 comes from DBS, and I contribute the balance (USD66,000). I need to pay interest on the USD136,000 of around 1.3% pa (COF + 0.5%).
On maturity I need to pay back the loan and each year I pay interest, but according to their figures I will make around USD52,000 after 10 years - depends on the non-guaranteed part. There's also a death benefit if I die.