Capital Redemption Bond
A capital redemption policy which
only pays policy proceeds upon surrender or upon maturity at the end of 78 years. There are no lives assured.
Key Benefits
- Tax efficient growth which allows any investment gains to grow free of most taxes.
- No capital gains tax is payable when you switch funds.
- No requirement to nominate lives assured.
- A maturity value of 240% (two point four times) the amount of the premium paid, payable on the 78th policy anniversary.
- A wide range of fund choice is available.
Who is it for?
UK resident individuals, trustees or companies seeking tax deferral and who do not wish the policy to cease on death of a named individual.
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