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Is there an ILP plan that offer low charges?

April 26, 2017Charges ilp low Offer Plan

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Is there an ILP plan that offer low charges?

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You can buy a single premium ILP plan and make adhoc top-ups. This will avoid the high Distribution Cost and have a higher proportion of your premium to be invested. Your initial single premium has to meet a certain minimum, say $5,000. The top-ups have to be at least, say $500. Some single premium ILP plans waive the policy adminstration fee, if you have total investments above a threshold, say $15,000.