Bonus - annual, regular or reversionary
This is added to a with profits policy every year, which can mean an increase in the policy value. Once added, this bonus is secure and cannot be removed as long as premiums continue to be paid into the policy. To find out more about the bonus relating to your particular policy, please call us quoting your policy number.
Bonus - interim
This bonus may be added before you receive a payout from your with profits policy. It’s a way of providing your share, if any, of the future Annual Bonus. As Annual Bonuses aren’t linked to your policy anniversary date, the Interim Bonus ensures you don’t miss out on a bonus during the final year of your policy.
Bonus - final or terminal
This bonus may be added to the guaranteed basic sum assured of your with profits policy once it reaches its end date. Terminal bonus rates are not guaranteed as they reflect the level of profits provided by the policy. See definition of with profits policy for more about how this type of policy works.
Bonus - unit linked policies only
A plan may benefit from a bonus by extra units being added at certain times during the life of your plan. To find out more about the bonus relating to your particular plan, please call us quoting your plan number.