Premier Ultra
Operation
Hong Kong / Isle of Man
Profile
Premier Ultra is an investment
linked assurance scheme. It complements Friends Provident
International's range of single premium investment products.
It is targeted exclusively at wealthier investors seeking
a regular savings plan with a substantial range of flexible
benefits and up to 150% allocation on initial units.
Literature (PDF)
Colour: Brochure | Technical
Guide | Application
Form
Printer-Friendly: Brochure | Technical
Guide |
Application
Form
Features And Benefits
| Product Features |
Investor Benefits |
| Low minimum investment |
Premier Ultra can be accessed from as little as USD1,500 per month. Payments can be made monthly, quarterly, half-yearly or yearly. Single premiums can be invested into existing plans. |
| Longer you save = Higher allocations |
Allocation rates
of up to 150% on initial units are available (based
on a 25-year term). Please refer to the Scheme’s
principal brochure for specific allocation band
rates. |
| Massive fund choice |
Premier Ultra can link to up to a maximum of 10 funds from the Isle of Man mirror fund range. New funds are being added to the range all the time. And if you don't like your choice of mirror funds then you can switch between them as often as you like - at no extra charge. |
| Special Option: Additional Life Cover |
This is available on one or two lives and provides extra amounts of life assurance cover. The minimum additional life cover amount is USD30,000 (or currency equivalent). You can start or stop Additional Life Cover at any time. |
| Special Option: Premium Protection Cover |
Premium Protection Cover ensures that, if you are unable to pay premiums as a result of disablement, your premiums will continue to be paid for you. This is available on one or two lives. It can be started or stopped at any time. |
| Currency choice |
Payments into Premier Ultra can be made in US Dollars, Sterling, Hong Kong Dollars or Euro. |
| No bid /offer spread |
More of your money is invested at every contribution. |
| Access to your money |
Penalty free
partial withdrawals can be taken, irregularly,
monthly, quarterly, half-yearly or annually. If
required, they can also be taken termly (for those
paying school fees). The minimum withdrawal is
USD750 per withdrawal, per plan. Withdrawals can
be taken while premiums are being paid and can
only be taken from Accumulation Units. If there
are insufficient appropriate funds within the
Plan to make a payment on the selected date for
a regular withdrawal, then the withdrawal will
not be made and regular withdrawals on the Plan
will cease. |
| Simple charging structure |
The charges levied on Premier Ultra are simple and easy to understand, The brochure and technical guide to Premier Ultra give full details. |
| Increase and decrease |
Premium increases
- and premium decreases - can be made free of
charge at any premium due date. Premium decreases
can only be made after the Initial Unit Period.
Premiums can be reduced to any level as long as
it is above the minimum outlined in the Minimum
Investment / Premium Frequency / Allocation Rates.
Please refer to the principal brochure for details. |
| Saving for... |
· A once-in-a-lifetime holiday
· Your dream car, boat or apartment
· School fees for your children
· Protection against that "rainy day" |
| Paid-up plans |
Plans can be made paid-up (premiums cease although the Plan remains in force) at any time after the Initial period. |
| Performance |
Ask your Independent Financial Adviser to show you the figures of Premier Ultra in action. You'll see the kind of results it can produce. |
Summary Of Charges
For details and charges of the Scheme, please refer to the relevant principal brochure.
If you would like to receive hard copies of any of
the Premier Ultra literature, please complete an Information
Request Form.
Important Information
Friends Provident International Limited reserves the right to change its charges at any time at its discretion upon three months' written notice to the policyholder.
This document should be read in conjunction with the current Premier Ultra brochure and guide, which, together with the policy document and provisions, set out the terms and conditions of the contract. A written statement of the terms and conditions may be obtained from Friends Provident International Limited on request.
Each Policy is governed by and shall be construed in accordance with the law of the Isle of Man.
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