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Britannic launches ISA range

Britannic Assurance has launched a full Isa range including cash, insurance and equity options.


The cash option, a mini Isa, has an initial deposit of £1,000 with further deposits of £250.


The insurance option is a with-profits fund, with an initial investment of £1,000 or monthly contributions of at least £50. Additional lump sum investments must be of £250. Life cover is 101 per cent of the value of the units.


The stocks and shares option has a £1,000 lump sum or monthly contributions of at least £50. Additional investments are set at £500.


Sales and marketing director Bill Haynes says: &#34Our Isa product was designed to suit our customers&#39 needs.


&#34In order to provide customers with the optimum tax efficiency in the financial planning, it is clearly vital that we offer the three Isa options.&#34


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