an investment plan designed to accept a single premium investments that allow you to invest within a wide spread of investment funds
a unit linked single premium whole life assurance policy
A type of managed investment, which provide investors with access to a range of underlying assets. Tax is paid by the issuing life insurance company at a flat rate of 30%.
Combines investment with some life cover. The payments you make into an insurance policy or investment bond, usually a lump sum, are invested in the insurance company's with-profits or unit-linked funds (Life Funds). Different types of bonds include the guaranteed bond and unit-linked single premium bond. Not to be confused with a company or government bond, an investment that offers a fixed rate of interest and an area where your chosen Life Funds may be invested.
Insurance style bond offered by a Friendly Society or Life Company.