Unit linked LTCI

Discussion in 'SP1' started by Schuey, Sep 15, 2014.

  1. Schuey

    Schuey Member

    Unit linked LTCI
    - is unit linked LTCI always paid for by single premium ?
    Can it ever be paid by regular premium ?

    So to check my understanding .... This just works similar to normal UL fund
    When LTCI claim is made this gets withdrawn from UL fund up until protection amount kicks in. The rest is drawn from non unit fund.

    Thanks very much
     
    Schuey, Sep 15, 2014
    #1
  2. Anna Walklate

    Anna Walklate ActEd Tutor Staff Member

    Hi Schuey,

    I don't see why a regular premium version can't exist.

    And yes, I think your understanding is fine :)

    Anna
     
    Anna Walklate, Sep 16, 2014
    #2
  3. Schuey

    Schuey Member

    Thanks very much Anna :)
     
    Schuey, Sep 16, 2014
    #3

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