Author Topic: Unit-linked policies investing. Worth it?!  (Read 390 times)

Anton The Man

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Unit-linked policies investing. Worth it?!
« on: July 29, 2019, 01:46:30 PM »
"Unit-linked policies" is a way of investing in ETF by using life insurance companies.

At the moment this is the only one available method to invest in ETF for Ukrainians.

The method is represented by companies like:
investors-trust.com
hansard.com (they don't have their representatives in Ukraine at the moment)
service.rl360.com (don't have representatives in Ukraine too, at the moment)

Pros:
* It seems it is the only available for me method to invest in index funds

Cons:
* usually their policy to charge some minimum amount every month (about 300$) and allow first withdrawal only after 5-10 years of constant investing.
* fines if you miss a monthly payment.
* I'm still unsure of their reliability


My question:
Does anybody use this kind of investing tools?
How to check the insurance company and assure myself that it is a safe company and I can rely on it?

Thank you very much for your answers, friends.

ZMonet

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Re: Unit-linked policies investing. Worth it?!
« Reply #1 on: July 29, 2019, 03:59:21 PM »
Hopefully someone else can offer some advice because I've never heard of such investment vehicles.  In the U.S. we do have some indirect ways of investing (for example, whole life insurance policies) but we also have the ability to invest directly.  If nothing else, your post will make me appreciate what we have in terms of investing a little bit more.  Again, sorry that it has to be so difficult for you to do something which should seemingly be so easy.