Looking for a safe investment? If you have a lump sum of money to invest but would like an alternative to traditional bank accounts and term deposits, then look no further. The Single Premium Plan invests in the With Profits Fund, providing a tax-efficient, steady but conservative return over the medium to long term.

What are the benefits of the Single Premium Plan?

Benefits of With Profits Investments: 

1. Capital guaranteed  

The amount you invest after product charges is guaranteed to be repaid on maturity or on death if it occurs earlier, giving you peace of mind that your investments are safe. 

2. Steady growth 

A regular bonus is normally added every year to provide you with stable and consistent growth. These bonuses are also guaranteed once added on to your account.  

3. Tax efficient returns 

Returns from the profits investments are free from tax, providing you with one of the most tax-efficient savings available.  

4. Optional annual income  

Based on the type of savings you make you may have the option to withdraw your bonus once a year which will help supplement your income in a tax-efficient manner (based on current tax legislation). 

5. Potential for a final bonus  

If you keep your investment for more than 10 years, your savings may be eligible for a final bonus that will increase your returns. This depends on the actual performance of the fund.  

6. Decide to whom benefits should be paid All With Profits Investments offer you the option to designate one or more beneficiaries to ensure that the policy pays out quickly and directly to the persons you want the money to go to should you pass away. 

Key Features

Single premium plan
Type Single Premium Savings Plan (With Profits)
Minimum Premium €5000
Age of insured person Between 18 and 85, (3 months to 17 years for Child Policy)
Period of cover At least 5 years (or until you are 90 years old)
Number of insured persons 1 or 2
Plan Benefits Death Benefit- Funeral Expenses Benefit- Cash Surrender benefit- Maturity benefit
Other Features Additional Top Ups- Free partial withdrawal of capital- Free optional bonus withdrawals