Standard Savings Plan

Invest now for the future

Our Standard Savings Plans are great if you want to invest over the £25 per month Tax Exempt Savings Plan limit. Maybe you want to build a more significant cash sum to spend on something special or for the future.

 

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A modest investment

You can invest in a Healthy Investment Standard Savings Plan from just £10 per month. An affordable amount every month can build into a really useful cash sum to help when you or your children need it most.

 

A tax efficient qualifying policy

As an Inland Revenue approved qualifying life policy the proceeds on maturity are paid to you free of income tax and capital gains tax. You can now build a guaranteed cash sum on maturity of up to £50,000. These types of policies are a popular way of minimising your tax liability.

 

 

Regular savings

The Healthy Investment Standard Savings Plan commits you to investing the same amount every month. This means that over time the amount invested builds into a sum of money that you will find useful.

 

Guaranteed return

The Personal Illustration will show you the absolute minimum that you are guaranteed to receive when the plan matures, providing of course that you have maintained your contributions.

 

Regular bonuses are declared every year and added to the value of the policy. Once a regular bonus has been added it can never be taken away.

The level of regular bonus is not guaranteed and can change every year. 

A final terminal bonus may also be added to further increase the amount you receive.

 

Life cover included

Our Standard Savings Plan includes life cover, which means that your estate will receive the guaranteed sum assured on death, plus bonuses that have been added, if you die during the term of the plan and all contributions are paid up to date.

 

Life cover may be subject to medical underwriting if your total monthly contributions exceed £25 per month. Following an assessment of your health and lifestyle we may offer you a sum assured on death that is lower than the sum assured on maturity, however we will agree this with you before your savings plan commences.

 

A reduced death benefit would not affect the amount you might receive when the plan matures.

 

A term to suit

You choose, at the start of the plan, how long you want to save for. It can be anything from 10 years up to 25 years, you decide.

 

You could save for a fixed number of years, or plan for it to mature on a specific date to coincide with a special birthday or anniversary. Maybe you are planning a special trip or simply want to help your children or grandchildren when they head off to university.

 

 

A traditional investment for everyone

We know that endowment savings plans are really popular with lots of people. Maybe you remember similar savings schemes from childhood and remember enjoying the benefits of the cash sum when the policy matured.

 

The money you invest is invested in Healthy Investment's With-profits Fund. You can find out more about our fund, its performance and asset allocation. More...