the return and risk are between CD and mutual return.

There are many investment products on market. This one is one chose, the return is much better than CD and low risk bond. But it has its own bad point and risk.

It is a insurance and investment combined product. I guess the expection is about 7.5% as it follow a mutual fund with about 2.7% cost (mutual fund expection is about 10% return.

Another product has no such 7.2% guarantee but 0% guarantee. That means no loss guarantee. The expectation is 9.5%.

If you buy S&P 500 index, the expectation is 10.4% but no guarantee.

So some guarantee exchange to some risk and return. It is the principal of insurance.

Can insurance company go outof business, yes. But the goverment (both state and federal) has some guarantee as well. You saw what happened already.

I personally like to invest myself in real estate. My expectation is 30% yearly. So 7.2% guarantee is really not that hard for professionals.

You saw many company offer prefered stock with 10% return.