PRODUCT GUIDE
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LEGACY
FORMER SCOTTISH AMICABLE PRODUCTS
MORTGAGE & SAVINGS CONTRACTS (GENERALLY CLOSED TO NEW BUSINESS)
Flexidowment 2nd Series
Period Offered
The description below is a brief outline of contracts with the rules references R210/10/75, R210/11/76, R210/7/78, R210/1/80, R210/2/88 and R406/02/90. This contract was withdrawn in December 1994.
Description
A with-profits endowment assurance issued as a combination of identical unit policies. There are two principal versions of the policy offering maturity dates at the policy anniversary preceding age 65 or at the end of 25 years. A third version matured on the policy anniversary preceding age 70.
The policy carries guaranteed early maturity values on the 10th and subsequent policy anniversaries.
Allows the surrender of less than all units to occur with the policy remaining qualifying.
Premium Payment
Premiums may be paid yearly or monthly.
Policy Benefits
The Policy participates in its own bonus system.
Options
These are an outline of options normally available. Please refer to Prudential for options and conditions on an individual policy.
Latest Maturity Date Option (only available for contracts with the rules reference R210/7/78 AND R210/1/80, withdrawn from R210/2/88 onwards)
On or immediately before the latest maturity date, the policyholder could elect to make the policy paid up. The sum assured and any accrued bonuses would be payable on the date of death of the policyholder.
Early Maturity Option
The policyholder can choose to take the policy proceeds at the 10th policy anniversary or any policy anniversary thereafter.
Charging Structure
Please contact Prudential for details of charging structure.
Mortgage Products
Legacy
Disclaimer
Pension Products
Contact
Protection Products
Investment Products
General
FORMER SCOTTISH AMICABLE PRODUCTS MORTGAGE & SAVINGS CONTRACTS (GENERALLY CLOSED TO NEW BUSINESS)
Period Offered
The description below is a brief outline of contracts with the rules references R210/10/75, R210/11/76, R210/7/78, R210/1/80, R210/2/88 and R406/02/90. This contract was withdrawn in December 1994.
Description
A with-profits endowment assurance issued as a combination of identical unit policies. There are two principal versions of the policy offering maturity dates at the policy anniversary preceding age 65 or at the end of 25 years. A third version matured on the policy anniversary preceding age 70.
The policy carries guaranteed early maturity values on the 10th and subsequent policy anniversaries.
Allows the surrender of less than all units to occur with the policy remaining qualifying.
Premium Payment
Premiums may be paid yearly or monthly.
Policy Benefits
The Policy participates in its own bonus system.
Options
These are an outline of options normally available. Please refer to Prudential for options and conditions on an individual policy.
Latest Maturity Date Option (only available for contracts with the rules reference R210/7/78 AND R210/1/80, withdrawn from R210/2/88 onwards)
On or immediately before the latest maturity date, the policyholder could elect to make the policy paid up. The sum assured and any accrued bonuses would be payable on the date of death of the policyholder.
Early Maturity Option
The policyholder can choose to take the policy proceeds at the 10th policy anniversary or any policy anniversary thereafter.
Charging Structure
Please contact Prudential for details of charging structure.
