The all-share index had recovered its value within 18 months of the 1987 correction and now stands at nearly three times the value. Of course, you have to be invested in the right shares. You should leave the choosing of shares to dedicated fund managers. Share selection is based on feedback from company and management visits, and from fundamental research. In choosing your fund manager, consider the charges, the level of service offered and the performance track record.
Equity investments are tax effective.
When considering this fund, you consequently have to take a view on the local stockmarket prospects. In other words, if you want to save more money than you are paying in premiums, you don't have to do it by increasing a premium on a specific policy. There are many other products and funds which can be considered as additional savings instruments. I suggest you cash in the policy and invest in a unit trust-linked product. Advice on which unit trusts to select at which stages of the business cycle is readily available.