What are 100-year term plans?

Whole life plans are being mis-sold as term plans because insurers and agents are unable to earn margins

Upfront fees abolished. Total expense ratios reduced. Commissions slashed. These kinds of headlines have become common nowadays with mutual funds. And the National Pension Scheme (NPS) has always been a low-cost investment product. Even in other financial products such as retail loans, though slowly, the movement is towards more transparency. Even health insurance, which is one of the leading causes of disputes pending in the consumer courts, seems to look at reducing the dispute areas, especially in the definition of pre-existing disease. The only financial product that has defiantly bucked this trend towards more openness and lower costs is life