Bonus History

As a mutual Friendly Society everything we do is for the benefit of members.

 

With no shareholders to worry about we can concentrate on providing members with quality products, maximising member returns and providing an excellent service.

 

Regular bonuses

Regular bonuses are calculated every year and are added to your investment.

 

You will receive a bonus statement from us to explain the level of bonus we have added and to let you know how your investment is doing.

 

With profits investments aim to provide a consistent return to members.  

 

Once a bonus has been added to your investment it can never be taken away. Bonuses increase the guaranteed payout at the end of the policy, providing of course that regular premiums continue to be paid until maturity.

 

Previous bonus rates are not a guide to future performance. Historically bonus rates have been very high and we may not be able to pay such high bonus rates in the future.

Bonus rates could be reduced to nil. 

A final bonus

When your savings plan matures or you cash in your investment we may even add a further final bonus to increase the amount you receive.

 

Final bonuses are not guaranteed, but they make sure that the amount you receive is fair.

 

 

 

 

 

Tax Exempt

Savings Plan

Standard

Savings Plan

Investment Bond

(series 3)

ISA

2000

8.00 %

7.00 %

 

 

2001

6.00 %

5.00 %

 

 

2002

5.00 %

4.00 %

 

 

2003

5.00 %

4.00 %

 

 

2004

5.00 %

4.00 %

3.75 %

4.25 %

2005

5.00 %

4.00 %

4.25 %

5.25 %

2006

5.00 %

4.00 %

4.25 %

6.25 %

2007

5.00 %

4.00 %

4.25 %

6.25 %

2008

3.50 %

3.00 %

3.75 %

5.00 %

2009

2.00 %

1.50 %

1.75 %

2.00 %

2010


2011#

2.50 %


2.00 %

2.00 %


1.50 %

3.25 %


 2.00 %

4.00 %


 2.50 %

# Interim bonus rates are used to calculate surrenders and claims prior to declaration of the annual bonus rate