Reply To: Capital


In regard to the policy, my own view is that if the plan has a life insurance element, it is fully disregarded. If you are going to value it, however, you would need to bear in mind that there are many types of life insurance schemes on the market which also double as savings plans, and while it is usual that they can be cashed in early, there is normally a financial penalty involved, usually something like a loss of interest accrued to date.