Premier Bond 1 & UK Q&As


Q Under which brand was the Premier Bond originally sold? 

A The Premier Bond was originally sold under the Clerical Medical International brand. RL360 Group completed the acquisition of Clerical Medical International in November 2015, and Premier Bond policies are now administered under RL360° Services. 


Q How long was the Premier Bond designed to be held? 

A The Premier Bond was designed as a medium to long-term investment, and should therefore be held for ideally for a minimum of 5 years or more.


Changing the policy

Q Can the policy basis be changed after issue? 

A No. The policy basis cannot be changed after issue. 


Q Can the policy currency be changed? 

A No. The policy currency must remain the same as the currency selected at application stage.



Q Can I pay more money into an existing Premier Bond? 

A Yes. Additional premiums can be paid at any time subject to a minimum of £7,500 or currency equivalent. Please contact us for further details.



Q What funds can I choose? 

A You can choose from a range of investment funds or Guaranteed Growth Funds. We provide a Fund Centre and Guaranteed Growth Fund pages to keep you informed about the fund range and their past performance. 


Q Do I get charged for changing funds? 

A You may switch funds up to 12 times in any calendar year, free of charge. If you request more than 12 switches, you will be charged 1% of the value of your switch, subject to a minimum charge of £10 and a maximum charge of £250. 


If you are switching out of a Guaranteed Growth Fund a market value adjuster (MVA) may apply. 


Q Can I hold assets such as stocks, shares, cash deposits and structured products within my policy? 

A No. You can only access the funds available in the Premier Bond fund range. 


Q Who is responsible for my fund choices? 

A You or the company you nominate to act on your behalf. RL360° Services does not provide investment advice and will not provide you with guidance as to which funds are suitable for you.



Q Can I take withdrawals from my Premier Bond? 

A Yes. You can take regular withdrawals subject to a minimum of £200 ($300 or €300) and a maximum of 10% of your premiums paid per policy year. 


We recommend you discuss the tax implications of taking withdrawals with your financial adviser.


Online Services

Q Can I view the performance of my Premier Bond online? 

A RL360° provides online access for it's own policyholders and we fully intend to provide RL360° Services policyholders with online access too, in due course.