Enjoy the potential for higher returns

How our With-Profits Bond works

• Any UK resident aged 16-79 can apply, regardless of their state of health.
• You can also apply for a bond on behalf of a child, no matter what your age.
• Bonds can be taken out by an individual or a couple.
• The minimum investment is £1,000, but existing bond holders can take out additional bonds from £500 each.
• The bond has no fixed term and may be fully or partially cashed in at any time. However, it should be held for a minimum of 5 years and ideally for at least 10 years.
• Your money is invested in our with-profits fund and bonuses may be added annually - based on how well the fund is expected to perform.
• You can withdraw a minimum of £500 at any time, providing your bond value does not fall below £1,000, but if you cash in or partially withdraw your bond during adverse market conditions, we may apply a Market Value Reduction (MVR).
• Every year we’ll send you a statement which estimates the current value of your bond and includes details of any bonuses allocated.
• On the bond’s 10th anniversary (or in the case of a child, their 18th birthday - whichever is later) and for 3 months after, we guaranteed the cash in value of your bond will be no less than your original investment.
• The bond has built-in life cover, so in the event of your death we will pay out a lump sum that is at least 101% of your original investment.