An endowment with profit regular savings plan that provides the benefits of savings and life cover. You save regularly for a fixed term and at the end of the term/ on your death, you receive the guaranteed sum assured along with vested bonuses. The guaranteed sum assured is at least 75% of your total premiums paid over the plan term. You may also receive a terminal bonus if you continue the plan until maturity or death of the policy holder.
The plan can be held on single life or joint life basis.
Please see the KFD for more details.
The Bonusbuilder Plan at a glance
|Minimum Premium||£50 per month/ £600 per annum|
|Maximum Premium||£300 per month/ £3,600 per annum (subject to qualifying rules)|
|Minimum / Maximum Policy Term||10 / 30 years|
|Minimum / Maximum age at entry||18 / 64 years (54 years for jointly held plans)|
|Maximum age at maturity||74 years (64 years for jointly held plans)|
|Modes of Premium Payment||Monthly/ Annually|
|Additional Riders||Accidental Death/ Permanent Disability benefit|