Insurance plus Investment....H...

Here's the deal,an insurance company is offering me a life span insurance coverage amounting to Php500K (only during my investment period) for a total investment of Php366K payable annualy for Php22,525 or semi-annual Php12,163.50 (if i choose annually & semi-annual it will take me 15yrs to payment for the total investment of Php366K) or i can pay it surrounded by 5years the annual payment is Php63,115 and upon reaching the age of 45 (im 28 yrs hoary now) i will get a total amount of AED 656,164. Do you contemplate its a wise investment? or i would a bit invest it in material estate bcos im thinking about the inflation,the good point of money or purchasing power of money wont be the same after 17 yrs when i accomplish the age of 45. PLEASE HELP!
Answers:
I don't know what Php mean.. I guess you are somewhere outside of the United States.

Anyway, consent to me explain what an investment in a natural life policy is. First, this investment is not for your retirement. This investment is known as a "cash value" within the life insurance industry. If you considered necessary to use it anytime, you will have to borrow it and rate back next to interest. This interest does not go put a bet on into your investment, but rather kept by the insurance company. If you miss any premiums or want to stop paying in the adjectives, the insurance company will use your cash importance to pay for it. When you die, you will lose adjectives cash expediency and your family will simply get the extermination benefit.

What I would do? Buy a 30 year term policy near Php500,000 coverage. You said you want to invest in existing estate. You may do that, but I recommend investing in mutual funds too. When your possession policy expires, you probably won't need vivacity insurance if you invest wisely and verbs to put away money each month.

Other Answers:
Keep insurance and investments SEPERATE. You should be capable of get 500k of residence life insurance for smaller number than $500/year. If you assume the 22000 is the investment portion, you are putting 330K in over the 15 years. And it is simply increasing 30K over 15 years. Any investment should do better than this over that long a time frame.
getting a life insurance cover is pretty confident with a honourable plan
however it may get a bit tricky at times, I suggest you bring back as much information as possible online on this first,

a good place to start surrounded by my humble opinion is:

http://umgarticles.atspace.com/insurance.htm

a couple of years ago I took such a plan, however I made some errors, luckily for you they are adjectives tackled contained by this article so you cannot make like errors that i did! ... I only will the internet was around at that time!

righteous luck
i think beforehand you decide to bring a plan, ask your self the purpose of getting that kind of insurance? what do you really inevitability, is it the insurance or the investment? I work in an insurance broker and base on experience, P500K worth of cover can be purchased in much affordable price and can be compensated at a shorter period of time. Remember, An insurance policy have its cash advantage and dividends but you can never compare its earnings to the returns of TRUE investment instrument. I think the premium you mentioned within your question is course too high for such coverage. My advocate to you is to speak to your agent first and ask her/him to explain the fine prints of the plan. You should also try compare the plan with similar plans offered by other companies.
Ok, first of adjectives, if you're spending Philippine Pesos on a life insurance policy, why will you be reception UAE Dirham at age 45. This doesn't strike me as a sound investment. Are you projecting a righteous exchange rate between PHP and AED 17 years from now? 1.00 AED would buy in the region of 14 PHP, but the rate fluctuates, and it's almost impossible to predict that particular spread contained by year 2023.