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Insurance protects investors&#39 estates

Rothschild Asset Management is adding a new life insurance feature to its wealth management service to protect an investor&#39s estate from the effect of falling stockmarkets.

The Five Arrows Protected Wealth Management Service provides insurance cover to protect clients&#39 beneficiaries by guaranteeing a protected value of the fund in the event of death.

The protected value is 105 per cent of the original sum invested. If the investor dies when markets have fallen below this level, an insurance policy will make up the shortfall to the protected value.

This is revalued year on year to take account of investment growth and can rise but will not fall. This will act as a safeguard for invested capital should the investor die when stockmarkets are down.

There are three investment strategies available within the service – UK capital growth, international capital growth and income. Each offers actively managed, diversified multi-manager portfolios.

It is available for investors aged up to 75 with no additional underwriting required. The annual charge for the capital protection facility is 0.125 per cent.

Rothschild head of retail Nick Hodgson, says: “This offers the same features as our wealth management service but with the added benefit of capital protection. It can also be ideal for trust planning where there is a life tenant as it offers a way to safeguard beneficiaries&#39 interests.”


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