Premier Bond 3 Q&As


Q Under which brand was the Premier Bond 3 originally sold? A The Premier Bond 3 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 3 designed to be held? 

A The Premier Bond 3 was designed as a medium to long-term investment, and should therefore be held 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 What funds can I choose? 

A You can choose from a range of investment funds or offshore with-profits funds. We provide a Fund Centre and With-Profits 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 an Offshore With-Profits 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 3 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 3? 

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 3 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.