Insurance Isa sales are 45,000 by July

Insurance companies sold 45,000 insurance Isa plans in the three months since April, according to fi...

Insurance companies sold 45,000 insurance Isa plans in the three months since April, according to figures released by the ABI Statistics show that 37,000 regular premium and 8,000 single premium insurance Isas were sold, with new premiums at £22m and £10m respectively. Insurance Isas make up 10% of the total number of Isas sold by all insurance companies Mary Francis, director general at ABI, said these figures demonstrated that the insurance component is not an unnecessary and unwelcome complication to the overall Isa. She said: "This is a positive start and demonstrates the appeal of th...