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CIS proclaims the virtue of life assurance Isas


Co-operative Insurance Society is reminding investors there is an alternative to investing in stock & shares and cash Isas.


The society says life assurance Isas offer investors a &#39halfway house&#39 between the other two more popular forms of Isa investment.


CIS describes the product as the Cinderella of Isas but it can provide the prospect of good and reasonably safe returns, as most policies are based on with-profit contracts.


CIS&#39s Platinum Plus Isa allows minimum lump sum subscriptions of £250 and regular premiums of £25 a month.

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