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.