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BT Money Hacks: Reasons to avoid investment-linked insurance policies (Ep 86)

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
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  • Publisher: 51%

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In this week's episode we look at why you might want to avoid an investment-linked insurance policy, or ILP for short. Read more at The Business Times.

1. What is an ILP? Understand mortality charges too 3. As you get older, especially from the age of 50, more of your premium goes into paying the mortality charge instead of investments

4. If ILPs aren’t the answer for many financial goals, what is a step-by-step approach towards both insurance and investment Subscribe to BT Money Hacks Podcast series for our new episodes fortnightly on Mondays and rate us on your favourite audio apps:

 

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