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Life Insurance with a saving plan attached
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pattester
Posts: 3 Newbie
Hi
Can anyone tell me what is the best way to go I wold like a savings plan with a life insuarance in it so that after a number of years say 10 or something I would get a decent return any ideas
Can anyone tell me what is the best way to go I wold like a savings plan with a life insuarance in it so that after a number of years say 10 or something I would get a decent return any ideas
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Comments
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Generally it's not advised.
Because the people who do the best life insurance don't do good savings and vice versa.
Get two seperate products then you can get the best life insurance and the best savings product from the best organisations.0 -
What you are asking for is an endowment policy. They are obsolete and hardly any left nowadays. Pure protection with a stocks and shares ISA is more cost effective and tax efficient.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Thanks for your advice it is all noted.;):j0
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