Offshore Management Bond
Offshore Management Bond
The Offshore Management Bond is a series of single premium whole of life assurance policies. The premium will be invested in permitted investments selected by the Policyholder or by the appointed Investment Manager. The value of the investments will dictate the value of the Bond.
Investments can be made by Individuals, Trustees or Corporate applicants. The Bond may have joint Policyholders. Policyholders must be over the age of 18.
The bond aims to:
- To provide the opportunity to achieve tax efficient capital growth over the medium to long-term through investment into a choice of fund options.
- To provide you with reasonable access to your investment at anytime.
Basic Features
| Investments | Collective Investments/Discretionary Manager |
| Withdrawals | Yes - GBP1,000 minimum (Minimum policy value - GBP10,000 regular withdrawals applied |
| Death Benefit | Surrender Value + GBP100 |
| Surrender | Yes - Part & Full |
| Assignments | Yes - whole policy only |
| Additional Charges | Adviser charge |
| Additional Notes | - |
| Adviser assigned | Combination of both broker and advisors (ongoing advisor charge applied) |
| Segments | No segmentation rules applied. |
| Admin Fee | Admin Fee minimums apply |
| Charges | Charges will be deducted quarterly on policy anniversary based on the policy value. |