The policy terms and conditions are constructed so that part of the initial premium may be used to acquire all of the issued shares in a new non-UK incorporated and non-UK resident company, the shares of which are then allocated to the Bond. Selection of assets underlying the company is made by the directors of the company and not by the policyholder.
The policy terms and conditions are constructed so that part of the initial premium may be used to acquire, on behalf of the bond, a limited partner’s share in an offshore limited partnership. Selection of an underlying portfolio of investments assets or appointment of a discretionary manager is made by the General Partner and not by the policyholder.
A whole of life unit-linked insurance policy allowing multiple lives assured. The structure controls the transfer of wealth across generations with investment options limited to cash, mutual funds and collective investments.
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.
A whole of life unit-linked insurance policy where investment options are not limited and allow access to private company shares. This is a personalised portfolio bond for the purposes of UK legislation.
The product is designed to meet the requirements of Sections 72 and 817 of the United States Internal Revenue Code 1986 and is suitable for US citizens.
Designed specifically for use by self invested personal pension plans (“SIPPs”)and other retirement benefit schemes, this is a whole of life unit-linked insurance policy where investment options are not limited and will allow access to private company shares.