Investment Insurance

Among the different types of life insurance that banks offer us we have one that we can, at the same time have a life insurance and invest our money. They are called investment insurance, and are those that allow a family to be covered events such as the death or permanent disability.

So far this insurance does not differ at all from that we all know, but insurance investment also enables us to achieve a given savings will allow us to fund various needs, from the studios of our children, the acquisition of financial assets or fund our retirement.

Although this is an investment product that offers a high yield, as it varies between 2% -5%, has the appeal that we guarantee the receipt of 100% of the capital that we have provided, apart from what has been renting our investment over the duration of the life insurance.

Moreover, unlike other plans, insurance investments have the advantage that, if we are in a financial trouble, we can withdraw the money before the insurance expires. We can also adapt to life insurance contributions to our financial capacity at all times, or can perform them regularly or extraordinarily, so we would not entail extra financial burden.

There are three types of investment insurance:
– Traditional Life Insurance
– Flexible Life Insurance
– Annuities

Normally Best Investment Plan is managed through an individual account, open only for insurance, in which the entity with which we have signed we paid the premiums and interest and we will deduct the cost of insurance and other costs it accompanies it.

Such insurance should hire them when you are young and still being young is assumed that you still have many years of life ahead and then the insurance company charges a premium very cheap because you will be paying for many years while if you do it with 50 years for example the premium paid will be quite high because you’ve already entered an age of risk in which there is already a high mortality rate.

In short, is a sure must have for any and all his family and that death is unfortunately something that none know when we will come and be prepared.

[Source: http://www.theinsuranceblog.net/investment-insurance/investment-insurance-2/]