From: Thom 
Newsgroups: uk.finance
Subject: Re: Get your insurance premiums back if you don't claim!
Date: Fri, 23 Apr 2004 11:48:29 +0100

john boyle wrote:
> This is a rip off. That premium is double what you can get form an IFA.
> You are selling a Unit Linked Whole of Life Plan in which the Life
> Company gets the profit on the investment. Its a rip off and because the
> insured isnt getting any 'investment' element it can be sold as an
> unregulated product through unqualified salesmen. I suggest that a
> client should  buy some cover from an IFA and but the difference between
> that premium and the premium you quote in a mini cash ISA. At the end of
> the term they will be in the same position.

... and they won't lose out if they can't keep up the mini-cash ISA
payments (and only lose cover if they stop insurance).

Thom