Jump to homepage
go to Friends Provident home page

Home | Legal | Privacy | Contact us | Site Map
Chinese ¤¤¤å


About Us | Customer | Products | Funds | News | Downloads | Contact Us

Products
Single Lump Sum Investment
- Elite
- Reserve
- Summit
- Zenith
Regular Investment
Protection

Elite


Operation

Hong Kong / Isle of Man

Profile

Elite is an investment linked, single premium offshore life assurance policy specially designed to allow access to international equity investment opportunities.

Literature (PDF)

Colour: Brochure | Application Form
Printer-Friendly: Brochure | Application Form

Features And Benefits

Product Features Investor Benefits
Wide choice of funds In excess of 100 funds from over 25 different fund houses.
Free switching facility Flexibility to adapt portfolio to changing opportunities at no cost, on a bid-to-bid basis, as often as you like. Currently no charge is made for switching between funds, although we reserve the right to introduce a charge of up to 1% of the value of the units switched or GBP10, USD20, EUR14 or HKD150, if greater.
Up to 101% allocation for larger investments Increased investment potential for your capital.
Funds selected for the Account purchased at the Bid Price All funds purchased at Bid Price - no difference between the Bid (buying) Price and the Offer (selling) Price.
Access to capital and income by taking regular withdrawals Opt for regular income on a quarterly, half-yearly, or annual basis, of up to 10% per annum (cumulative) of your initial premium - no restriction on amount taken after five years, provided a minimum of GBP5,000, USD10,000, EUR 7,000 or HKD75,000 remains in your Elite.
Investment flexibility Make your own fund selections or appoint an investment adviser to act on your behalf.
Secure base in the Isle of Man Virtually tax free accumulation of your savings (some dividends may be received net of withholding tax, deducted at source in the country of origin, but once inside your Elite they can accumulate free of tax).
Friends Provident International Limited Confidence of investing with one of the leading offshore life companies, which is also a member of one of the world's largest international insurers.

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 Elite 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 Elite brochure, which, together with the policy document and provisions, sets 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.

Elite is intended for medium to long-term investment and is not therefore designed for early surrender. A discontinuance charge will be applied on surrender during the early years of Elite.

Each Policy is governed by and shall be construed in accordance with the law of the Isle of Man.

   

Accessibility pdf 

tools from Adobe