With term assurance policies, lower premiums make them an affordable way of helping to protect your family in the event of your death, within the policy term, but there is no guarantee of a payout. Some life insurance policies however, can be effectively used as an investment.
Whole life or endowment policies will provide the beneficiaries with a payout after a fixed period or a death. These payments can be a fixed amount, or in some cases linked to an insurance company's investment performance in the form of with profits policies or unit linked policies.
With profits policies may generate rewards from the valuation of the assets and liabilities of the insurer's life fund, but premiums will be much higher. Unit linked policies link the value of the policy to units in a unitised fund. The units are linked to the underlying value of the fund. The value of the policy can therefore fluctuate depending on the value of the units. The pricing structure and type of fund depends on your insurance company. Many insurance companies now have unitised with-profits funds.
Flexibility to choose your own level of protection and investment.
Ability to vary the amount of your premium payments or coverage based on your own personal financial situation.
Flexibility to choose the type of funds based on your risk aptitude.
Please be aware that in some cases this type of assurance is based on an assessment of the health of the applicant.
THE VALUE OF INVESTMENTS AND THE INCOME FROM THEM MAY GO DOWN. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED.
Investment Linked Insurance
With term assurance policies, lower premiums make them an affordable way of helping to protect your family in the event of your death, within the policy term, but there is no guarantee of a payout. Some life insurance policies however, can be effectively used as an investment.
Whole life or endowment policies will provide the beneficiaries with a payout after a fixed period or a death. These payments can be a fixed amount, or in some cases linked to an insurance company's investment performance in the form of with profits policies or unit linked policies.
With profits policies may generate rewards from the valuation of the assets and liabilities of the insurer's life fund, but premiums will be much higher. Unit linked policies link the value of the policy to units in a unitised fund. The units are linked to the underlying value of the fund. The value of the policy can therefore fluctuate depending on the value of the units. The pricing structure and type of fund depends on your insurance company. Many insurance companies now have unitised with-profits funds.
Flexibility to choose your own level of protection and investment.
Ability to vary the amount of your premium payments or coverage based on your own personal financial situation.
Flexibility to choose the type of funds based on your risk aptitude.
Please be aware that in some cases this type of assurance is based on an assessment of the health of the applicant.
THE VALUE OF INVESTMENTS AND THE INCOME FROM THEM MAY GO DOWN. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED.
Robinson Financial Solutions Limited is an appointed representative of Tenetconnect Services Limited which is Authorised and Regulated by the Financial Conduct Authority.
Tenetconnect Services Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 150643.
Robinson Financial Solutions Limited is Registered in England and Wales under reference 08739152.
Registered office: 2 Mount Parade, Harrogate, North Yorkshire. HG1 1BX.
The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
