Investment Linked Policies (ILP)
Asked by Anonymous
Asked on 20 Jul 2019
The returns on China-India fund have not been great so I'm thinking of switching. Should I consider less risky funds & funds with dividends? What should I be looking at when choosing funds? Thanks in advance!
Top Contributor (Sep)
What was your original purpose for getting the policy? Was it for protection? Or investments? Or both?
I don't recommend mixing both insurance and investments in the same policy. You might want to evaluate your current situation to see if there are more cost effective solutions for your insurance portfolio, and there are definitely places such as POEMS where you can invest in funds in a more cost efficient manner. If you require a second opinion I can assist.