Investment Linked Policies (ILP)
Asked by Anonymous
Asked on 15 Aug 2019
Top Contributor (Sep)
I would not mix investments with insurance.
Investments should always give you flexibility to liquidate whenever, without any penalty whatsover (other than being able to accept the market price of your investments when you liquidate).
You would have more options in terms of asset classes, availability of funds, etc and greater control if you directly invest, whether on your own, or with the assistance of an independent advisor like myself. The options are very wide when it comes to the investment universe. Speak to someone to get an understanding of your risk appetite, motives, objectives, etc before you start investing. The worst thing you could do is rush into the flavour of the month without doing your research.