A Unit linked lump sum investment, where the investment is held over the medium to long term with exposure Investment market. There are three funds to invest . The value of your bond and any income from it depend on the price of units in the fund invested. This can go up or down depending on the market conditions.
The plan can be held on single life basis only.
The policy is non-qualifying, which means, you may incur tax liability on a ‘chargeable event’. Death, maturity or surrender of the bond gives rise to a chargeable event.
Please read the Key Information Document for more details (10 years, 15 years, 20 years).
Capital Investment Bond at a glance
|Minimum/ Maximum Investment £5,000* / no upper limit
|Modes of Premium Payment Lump sum (single)
|Minimum age at entry 18
|No exit charges.
|* £2,000 in case of reinvestment of existing LIC policy maturity proceeds