We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Life Insurance with a saving plan attached
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
0
Comments
-
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
-
Thanks for your advice it is all noted.;):j0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards