International Management Bond
International Management Bond
The International Management Bond comprises of one or more identical single Premium unit-linked whole of life assurance Policies.
The IMB permits the owner or the appointed Discretionary Manager to access permitted investments only.
Upon the death of the Life Assured or, if there is more than one Life Assured, the first or last (as specified in the Policy Schedule) of the Lives Assured to die, the policy pays the death benefit. The amount paid is equal to 100% of the realised value of the underlying assets plus £100, less any outstanding charges.
The IMB permits withdrawals (regular and adhoc).
Basic Features
| Investments | Open Architecture, Discretionary Manager, Investment Adviser |
| Withdrawals | Yes - minimum undefined - regular withdrawals for this product applied |
| Death Benefit | Surrender Value + GBP100 |
| Surrender | Part & Full |
| Assignments | Yes - full |
| Additional Charges | N/A |
| Additional notes | - |
| Policy Currency | Policy currency is USD |
| Adviser assigned | All self advised |
| Segments | No segementation rules applied. |
| Charges | Charges will be deducted quarterly on policy anniversary based on the policy value. |