@thefinancialcoconut: ILPs aren’t investments. They’re expensive, inflexible, and trap you when life changes (and it will ). If you quit your job, take a break, or pivot careers, you’re still on the hook. Term insurance + separate investments? That’s the move. Protect yourself cheaply, then invest what’s left—with your rules, not a policy’s. No crazy penalties. No sunk costs. Just freedom to adapt. So why are so many still stuck in ILPs? What’s your first money regret? Full episode is out on YouTube/ @TheFinancialCoconut - Link in bio #TheFinancialCoconut #ChillswithTFC #podcast #podcastclips #investment #ILP

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Thursday 24 July 2025 12:00:00 GMT