View more on these topics

Royal & SunAlliance – Group Critical Illness Plan

Tuesday, 17th October 2000.

Type: Single premium group critical illness plan.

Minimum cover: £200,000.

Maximum cover: Employees – £500,000, employee&#39s spouse – £125,000, children – £25,000.

Illnesses covered: Core illnesses – cancer, heart attack, coronary artery bypass surgery, kidney failure, major organ transplant, multiple sclerosis, stroke. Additional illnesses – Aorta graft surgery, Alzheimer&#39s disease, benign brain tumour, blindness, coma, Creutzfeldt-Jacob disease, deafness, heart valve replacement or repair, HIV/AIDS contracted in the course of duty, HIV/AIDS contracted due to blood transfusion, loss of limbs, loss of speech, motor neurone disease, paralysis/paraplegia, Parkinson&#39s disease, terminal illness, third degree burns.

Minimum-maximum ages: 16-65.

Minimum group size: 10.

Charges: £250 policy fee.

Options: Joint lives and family cover, permanent total disability, full range of illnesses or core range.

Commission: Up to 12 per cent.

Tel: 0345 660966.


Aberdeen pays £150m for Murray Johnstone

Aberdeen Asset Management has snapped up Glasgow-based fund manager Murray Johnstone in a £150m deal, making it the fourth-biggest investment trust business in the UK.The deal sees funds under management rise by 17 per cent to £27bn from £23.3bn.It counterbalances Abbey National&#39s threat to move Scottish Provident&#39s £10.5bn funds away from Aberdeen.Senior management at Murray […]

Yorkshire Building Society – Share Index Growth Bond

Tuesday, 17th October 2000.Type: Growth bond.Aim: Growth by investing in the FTSE 100 index.Minimum-maximum investment: £5,000-£500,000.Term: Until September 1, 2005.Guarantee: Original investment returned in full after five years even if the FTSE 100 index falls during the term.Return: Up to 200 per cent of the original investment. The average of all the daily closing levels […]

Northern Rock – Balance

Tuesday, 17th October 2000.Type: Instant access savings account with 50 per cent invested in Balance and 50 per cent in Legal & General&#39s with-profits income bond.Minimum-maximum investment: £10,000-£500,000 or £1m for joint accounts.Interest rates: Balance &#45 annual 8 per cent gross, monthly 7.75 per cent gross. With-profits income bond – annual 6.5 per cent net […]

The Mortgage Operation – Why Not Purchase 3

Tuesday, 17th October 2000.Type: Discounted rate mortgage.Discounted term: Until July 1, 2002.Discount: Year one &#45 3.5 per cent, year two &#45 1.6 per cent.Payable rate: Year one &#45 4.24 per cent, year two &#45 6.14 per cent. Minimum loan: £25,001.Maximum loan: Up to 95 per cent of valuation subject to a maximum of £150,000, up […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment