4 Features to Look for in an ILP

 


You might have come across the option of ILPs when building your investment portfolio. ILP stands for ‘investment-linked plan’ and is a hybrid insurance and investment product. Part of the premiums that you pay are put towards investments in the insurer’s suite of funds. Depending on the performance of the funds, you have the potential of growing your savings through an ILP.

An ILP can serve to be an interesting addition to your existing investments. You may want to opt for an ILP to save up for a particular life...


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