Not sure how people arrived at these numbers.
My endowment policies (in my own name) are yielding 4.07-4.55% XIRR.
Granted, DIY DCA into IWDA/EIMI have the potential to do better. Heck, even DCAing into STI ETF is better. But 4.55% ain't too shabby. I'm fine with it; not sure about others.
Disclaimer: I am NOT an insurance agent.
We just calculate base on the number provided. Why not you show how do you do the calculation then?