Money and Me: Are you better off with or without an Investment Linked Insurance Plan or ILP?
Your Money with Michelle Martin · MONEY FM 89.3
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Show Notes
Michelle Martin delves into the world of investment linked insurance plans (ILPs) with guest Elijah Lee, Senior Financial Services Manager, Phillip Securities. Discover when ILPs might make sense, considering your liquidity needs and costs. Hear about the differences between ILPs and alternative instruments, and analyze the risks, benefits, and common misconceptions of ILPs. Elijah provides insights and advice for anyone considering these hybrid financial products.
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