Capital Investor Q&As

History

Q Under which brand was Capital Investor originally sold? 

A Capital Investor was originally sold by CMI Insurance Company Limited. RL360 Group completed the acquisition of CMI Insurance Company Limited in November 2015, and Capital Investor policies are now administered under RL360 Services. 

Q How long was a Capital Investor designed to be held? 

A Capital Investor was designed as a medium to long-term investment and should therefore be held ideally for 5 years or more.

Changing the policy

Q Can the policy basis be changed to life assurance? 

A No. The policy basis cannot be changed after issue. 

Q Can the policy currency be changed? 

A No. The policy currency must remain the same as the currency selected at application stage.

Funds

Q What funds can I choose? 

A You can choose from a range of investment funds or Offshore With-Profits Funds. We provide a Fund Centre and With-Profits pages to keep you informed about the fund range and their past performance. 

Q Do I get charged for changing funds? 

A You may switch funds up to 12 times in any calendar year, free of charge. If you request more than 12 switches, you will be charged 1% of the value of your switch, subject to a minimum charge of £10 and a maximum charge of £250. 

If you are switching out of an Offshore With-Profits Fund a market value adjuster (MVA) may apply. 

Q Can I hold assets such as stocks, shares, cash deposits and structured products within my policy? 

A No. You can only access the funds available in the Capital Investor fund range. 

Q Who is responsible for my fund choices? 

A You or the company you nominate to act on your behalf. RL360 Services does not provide investment advice and will not provide you with guidance as to which funds are suitable for you.

Withdrawals

Q Can I take withdrawals from my Capital Investor? 

A Yes. You can take regular withdrawals subject to a minimum of £200 ($300 or €300) and a maximum of 10% of your premiums paid per policy year. 

We recommend you discuss the tax implications of taking withdrawals with your financial adviser.

Online Services

Q Can I view the performance of my Capital Investor online? 

A RL360 provides online access for it's own policyholders and we fully intend to provide RL360 Services policyholders with online access too, in due course.