This Tax Free Savings Plan (T47) is a tax exempt endowment policy with a guaranteed bonus. Who is it for? Children and Adults up to the age of 60. What are the benefits? Endowments for an annual premium of £270 or £25 a month over a ten year term are a guaranteed sum of £4000. The death benefit within the ten year term for the above premium is the sum assured of £2700 plus the declared guaranteed bonus of 4% compound a year. How much will it cost? Premiums start from as little as £9.00 a month or £100.00 a year or proportionate higher amounts as shown in the example. Examples: Premiums Guaranteed Sum Assured Guaranteed Bonus at 4% compound Maturity Value Yearly for 10 Years  Monthly for 10 Years £100 £9.00 £1000 £480 £1480 £120 £11.00 £1200 £576 £1776 £150 £14.00 £1500 £720 £2220 £170 £16.00 £1700 £816 £2516 £200 £18.50 £2000 £960 £2960 £220 £20.50 £2200 £1057 £3257 £270 £25.00 £2700 £1300 £4000 Note: The examples are based on figures for all ages. The above table shows examples of the final payouts after 10 years premiums have been paid. What are the Advantages? The Adult and Children’s Savings Plan is ideal to take out to mature in ten years time to meet any financial liability you may have or as a nest egg for future security. How do I Apply? Just complete the on-line enquiry form.
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