Investment instead of Paying Life Assurance

I'm currently paying for Life Assurance of 15pm on approx 45k mortgage, over a term of 18yrs. I have looked at Decreasing Term Assurance which would take my premium to 7~8pm but ideally, I want to get something OUT of this money I'm paying out. I'm thinking instead of investing a sum each month. But into what? My goals would be to achieve a steady rate of return over a long period. I would not need to dip into the fund for cash and I wish to make extra payments into it if necessary.
Please any advice? :-) Thanks
Reply to
In message , "[ice]" writes
Yes, dont confuse 'protection' with 'savings'. Mixing savings schemes with life insurance doesnt really work. Either you need a life policy or you dont. Make your mind up about that first.
Do you have any financial dependants?
Reply to
john boyle

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.