Sterling Deposit Bond
Sterling Deposit Bond
The Sterling Deposit Bond is a single premium whole of life insurance contract.
It is designed to be linked to high-yielding fixed deposits and bank accounts.
Withdrawals are permitted. A fee of GBP20 is payable for each withdrawal. Withdrawals must adhere to a minimum policy value of GBP5,000.
Basic Features
| Investments | Cash deposits |
| Withdrawals | Yes - minimum partial withdrawal GBP5,000 (GBP20 charge per withdrawal) |
| Death Benefit | 101% (JLLD) |
| Surrender | Yes |
| Assignments | Yes |
| Additional Charges | N/A |
| Additional Notes | - |
| Adviser assigned | Self-Advised |
| Charges | Charges will be deducted quarterly on policy anniversary based on the policy value. |