Charges Explained – High Start Bonus Builder Plan

• There will be a plan charge deducted from the premium monthly/yearly.
• All other charges are included within the with profit fund.
• An early surrender charge applies to both the guaranteed sum assured and bonuses declared.
• Mortality charges are inbuilt into the premium.

The High Start Bonusbuilder plan is a non-qualifying policy, which means higher and additional tax payers will have a tax liability on the gains made from this investment.

Unless subject to a trust the policy forms part of the deceased’s estate for Inheritance Tax purposes.