Introduction
One of the special features of the plan is you pay a higher sum for the first 5 years of the plan, and then, according to your circumstances and requirements, you are able to pay a fraction of your initial premium for the rest of the plan term. You may be able to contribute a half (for 10 year plan only), a third, a quarter or a fifth of your basic contribution paid in the first 5 years, the reduction being dependent upon the option selected at the start of your plan.
The plan can be held on a single life only.
Please see the Key Information Document for more details ( 10 years, 15 years, 20 years).
The High Start 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 / 25 years |
Minimum / Maximum age at entry | 18 / 59 years |
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 |