Apply for Individual Savings Account

ISAs or Individual Savings Accounts were introduced by the Government to encourage more people to save.
From 1 July 2014 the UK Government has renamed ISA as NISA ( new ISA ).
There are two different types of NISAs – Cash NISA & Stocks & Shares NISA.
Investing in a NISA allows your money to grow faster because you do not have to pay any income or capital gains tax on your savings or investments. You don’t even have to declare your NISA on your tax return.

The maximum NISA allowance for the tax year 2015-16 is £15,240.
You can invest the full amount in Stocks & Shares NISA or Cash NISA ( or any combination of the two )

  • Value of your investment increases daily in line with the declared bonuses and the capital value is guaranteed on the 10th anniversary and on every 5th anniversary thereafter.
  • You can start contributing as little as £100 a month or £4000 single premium.
  • 100% allocation of your investment.
  • No restrictive clauses or ‘lock-ins’
  • You can invest in LICI UK Steady Growth with Profit ISA upto the maximum of £15,240 between 6th April 2015 and 5th April 2016.
  • Early exit penalties for first three years only.
  • We may apply Market Value Reduction if you withdraw at a time when the stock market is performing badly. However it will not to be applied on 10th anniversary and on every 5th anniversary thereafter or on earlier death.
  • Potential for capital growth as the investment is managed professionally with 50% exposure to equities

Please download and read this important information


Online Application Form