View more on these topics

Norwich Union – Future Assured Plan

Tuesday, April 2, 2002



Type: Future needs long term care plan

Minimum premium: £20 a month/£200 a year/£3,000 lump sum

Minimum-maximum benefit: £200 a month, £2,400 a year – £3,333 a

month,£40,000 a year

Minimum-maximum ages: 17-80 regular premiums, no maximum for

lump sum

Cover provided: Blue – on failure of one ADL an independent living

benefit of three times the monthly care benefit is payable, on failure of

three ADLs, monthly care benefit is payable. Silver – on failure of one

ADL an independent living benefit of three times the monthly care

benefit is payable, on failure of two ADLs 50% of monthly care benefit

is payable, on failure of three ADLs, monthly care benefit is payable.

Gold – on failure of one ADL an independent living benefit of three

times the monthly care benefit is payable, on failure of two or three

ADLs, monthly care benefit is payable

Deferred periods: 90 days for failure of two or three ADLs, nil for

failure of one ADL

Charges: Implicit

Allocation rates: 100%

Commission: Regular premiums – initial 30%, renewal 2.5% or level 3%, 4%, 5%, 6%, 7% or 8%. Single premiums initial 6%

Tel: 0845 9444800

Recommended

Global perspective as Aegon ends geographic viewpoint

Aegon Asset Management is replacing its geographic desks with a new framework focusing on global sectors.It will move away from geographic considerations and introduce global sector-based research teams concentrating on business outside the domestic market.The global research group will be led by head of research Alistair Byrne and split into five teams covering cyclical stocks, […]

RSAIFs mirrors Euro bond fund

Royal & Sun Alliance International Financial Services has established the R&SA European balanced yield bond fund.This is a mirror fund of an existing Royal & Sun Alliance Luxemburg-based fund and it will be split equally between investment grade and high-yield corporate bonds within Europe, including the UK.The fund produces a yield of 8.5 per cent […]

5.45% fix for non-conforming loan

Specialist lender Mortgages Plc has introduced a 5.45 per cent fixed rate across its range of non-conforming mortgages. The rate is fixed until March 31, 2003 and is available on loans up to 90 per cent loan to value. Right to buy mortgages are excluded. Redemption penalties are 6 per cent for the first three […]

&#39Quality mark could boost stakeholder&#39

Legal & General is calling on the Government to award firms which contribute to stakeholder for staff with an accreditation markThe company says the Approved Retirement Planning mark could become a recognisable tool for recruitment and marketing purposes.As part of a series of proposals which are aimed at improving stakeholder contribution rates, L&G says the […]

Dubai

White paper — Dubai International Insights

Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com