Financial: The useless ILP,& how to go about terminating it

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Financial: The useless ILP,& how to go about terminating it

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09-10-2017, 07:10 PM

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Financial: The useless ILP,& how to go about terminating it

An honorable member of the Coffee Shop Has Just Posted the Following:

Have you previously bought for yourself or your loved ones investment-linked policies (ILPs)? Well, on the surface such instruments put forth a rather enticing proposition: secure substantial insurance coverage, at the same time have funds funneled into unit trusts to grow your nest egg. But the somewhat fuzzy manner in which things actually "work" behind the scenes typically means you the client will in all likelihood be shortchanged despite your best efforts to be discerning. It shouldn't...

Financial: The useless ILP,& how to go about terminating it

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