Sterling Deposit Bond

Sterling Deposit Bond

The Sterling Deposit Bond is a single premium whole of life insurance contract.


It is designed to be linked to high-yielding fixed deposits and bank accounts.


Withdrawals are permitted. A fee of GBP20 is payable for each withdrawal. Withdrawals must adhere to a minimum policy value of GBP5,000.


Basic Features

Investments Cash deposits
Withdrawals Yes - minimum partial withdrawal GBP5,000 (GBP20 charge per withdrawal)
Death Benefit 101% (JLLD)
Surrender Yes
Assignments Yes
Additional Charges N/A
Additional Notes -
Adviser assigned Self-Advised
Charges Charges will be deducted quarterly on policy anniversary based on the policy value.