stocks (=cash) ISA investment idea

I have more than enough of my limited funds in stocks.
I would like to do all 7K ISA in cash, but legally can't.
So I do the 3K mini cash ISA, then this idea below for a 4K stocks
Any thoughts on the KeyData Secure Income Plan 14 ?
formatting link

It counts as a stocks ISA, it pays 7.5% like cash.
They invest in US life insurance policies, buying them at a discount
from folks over 75 and collecting when they die.
They say they are hedged against currency exchange rate issues.
The name is "secure", but the small print says you may not get all
your money back.
Any other stocks ISAs that behave like a cash ISA ???
Reply to

Site Timeline Threads

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.