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 This is a low cost tax exempt, with profits, savings plan giving guaranteed sums at the end of a specified term with bonuses added each year.Who is it for? Membership of the plan is only open to existing members of the Society already insured under an existing policy. However if you join one of the other plans at the same time, we will allow you to join this plan. What are the benefits? This plan gives an endowment benefit plus bonus at the end of a selected term of years. How much will it cost? Minimum contributions are £1.20 every four weeks. You can get proportionately larger benefits by paying higher contributions in multiples of 40p to a maximum of £4 every four weeks. Examples:
What are the Advantages? This is an opportunity for members of an existing plan to take out an endowment at a rate they can afford without having to specify the number of years the plan should run. Therefore if you have a financial emergency, or commitment you need to meet, the savings can be withdrawn at any time after it has run for four years. How do I Apply? Just complete the on-line enquiry form. |
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