PRODUCT GUIDE
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LEGACY
FORMER M&G PRODUCTS
MORTGAGE AND SAVINGS PRODUCTS
Unit Trust Assurance Plan
This description is a brief outline of the contract with the rules reference MGP02-04
Period Offered
Available to New Business from 1961 until 1978.
Description
This contract is a unit-linked, qualifying whole of life assurance. It was written on a single life basis only. The investor could only invest in one fund at a time and could not switch.
There are 4 versions of this plan
Unit linked whole of life, premiums paid monthly/quarterly/half-yearly/annually.
Unit linked whole of life (20 year premium payment term), premiums paid monthly/annually.
Unit linked whole of life (10 year premium payment term), premiums paid monthly/annually.
Unit linked whole of life (high age), premiums paid monthly/annually.
Death Benefit
The greater of the sum assured and the bid value of the units.
Charging Structure
Please contact Prudential for details of the charging structure.
Options
These are an outline of options, which were normally available. Please refer to Prudential for options and conditions on an individual policy.
Waiver of Premium
Not available on this plan.
Maturity Option
There are two options available at the end of the premium payment term. The client can receive a tax-free cash sum or can elect to leave the units allocated to the policy indefinitely. For policies without a fixed payment premium term, the policies can be surrendered at any time.
Mortgage Products
Legacy
Disclaimer
Pension Products
Contact
Protection Products
Investment Products
General
FORMER M&G PRODUCTS MORTGAGE AND SAVINGS PRODUCTS
This description is a brief outline of the contract with the rules reference MGP02-04
Period Offered
Available to New Business from 1961 until 1978.
Description
This contract is a unit-linked, qualifying whole of life assurance. It was written on a single life basis only. The investor could only invest in one fund at a time and could not switch.
There are 4 versions of this plan
Unit linked whole of life, premiums paid monthly/quarterly/half-yearly/annually.
Unit linked whole of life (20 year premium payment term), premiums paid monthly/annually.
Unit linked whole of life (10 year premium payment term), premiums paid monthly/annually.
Unit linked whole of life (high age), premiums paid monthly/annually.
Death Benefit
The greater of the sum assured and the bid value of the units.
Charging Structure
Please contact Prudential for details of the charging structure.
Options
These are an outline of options, which were normally available. Please refer to Prudential for options and conditions on an individual policy.
Waiver of Premium
Not available on this plan.
Maturity Option
There are two options available at the end of the premium payment term. The client can receive a tax-free cash sum or can elect to leave the units allocated to the policy indefinitely. For policies without a fixed payment premium term, the policies can be surrendered at any time.
