Child - Standard Savings Plans
If you want to save more than £25 a month, then one of our Standard Savings Plans could be for you. Our Standard Savings Plans are great for parents or grandparents wanting to invest over the £25 per month Tax Exempt Savings Plan limit. Regular saving is the best way to build a more significant cash sum to help give the children you care for the very best start in life.
A tax efficient way to save
Know exactly what they’re going to get
Become a regular saver
We know it’s not always easy to remember to save and invest, but the Healthy Investment Standard Savings Plan commits you to putting away the same amount of child savings every month for the child - a great way to build their fund gradually.
Life cover means that the child’s estate will get the guaranteed sum assured on their death, plus any bonuses that have been added, if they die during the term of the plan and all contributions are paid up to date. If you’re paying in more than £25 a month into their plan then we may ask you to answer a few quick medical questions.
Choose how long you want to save for- unlike Child Trust Funds that mature when the child turns 18, with our Standard Savings Plan you can pick when you want them to receive the money, giving you more control over the date they receive their money and allowing you to financially plan for their future.
Remember the old children's savings account you had as a kid - and the feeling you had when you enjoyed the cash sum you received when the policy matured? Our Standard Savings Plan for children is the same kind of endowment savings plan you know and love.
It has been very reassuring dealing with the same team members at Healthy Investment for the past 4 or 5 years. The phone always gets answered when you call and emails are always replied to. Everyone we have dealt with has been very prompt and clear in communication, friendly and professional. It makes a huge change from the majority of… Read more “It has been very reassuring”
Any UK resident can invest in a Healthy Investment Standard Savings Plan providing the plan matures before they are 65.
You might consider this plan if you already have savings in a bank or building society account and you are now looking to put some of your children's savings into an investment which includes life cover, has some risk but potentially higher returns and the proceeds of which are paid tax free.
You might consider this plan if you have already used the friendly society Tax Exempt Savings Plan limit of £25 per month and you want to invest more for the child in to a similar policy.
Save from as little as £10 per month or a maximum of £275 per month (If you are already using your £25 per month Tax Exempt allowance).
You can have their Standard Savings Plan mature on a specific date, or simply select a term between 10-25 years, providing it matures on or after the childs 16th birthday.
Depending on the term you choose you should see this as a medium or long term investment.
If there's anything
you don't understand,
we're here to help.
Call Jerrol on 0161 762 5790
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