Aviva Lifetime flexi plan

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gvronald

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Hi, did anyone took up this plan? It is a investment linked plan right how does it compare to other investment linked plan?

Is this plan suitable to take up for young kids for savings and insurance coverage?
 
jonheng87

jonheng87

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Maybe it's just my opinion, but I would nv like to mix investment with a life protection. I rather do a separate plan for each when the premiums I put is for what is being put for. *if you know what I mean*
 
ochazuke

ochazuke

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I have this plan and it's ILP based, so my recommendation to you is to just buy Term and invest the rest yourself.
 
Ezylryb

Ezylryb

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ochazuke said:
I have this plan and it's ILP based, so my recommendation to you is to just buy Term and invest the rest yourself.
Click to expand...

jonheng87 said:
Maybe it's just my opinion, but I would nv like to mix investment with a life protection. I rather do a separate plan for each when the premiums I put is for what is being put for. *if you know what I mean*
Click to expand...

What ochazuke & jonheng87 said is true. ILP admin fees is very high. Even you keep it in the very long term (e.g. 10 to 20 years), it may not guarantee break even with all the admin fees
.
 
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