Bonus CashBuilder Plus

Overview

 

Bonus CashBuilder Plus is a 15 year Plan that works by investing your money in our With Profits Fund, which aims to provide long-term growth. You simply pay a monthly premium which starts from £10 and you’ll enjoy a cash lump sum at the end.

 

You can never be sure what the future holds, but there might be something special you’d like to plan for. Perhaps you’ll want to help your kids with their first home, prepare for their wedding or save for a special holiday. This Plan could help make it happen.

If you decide to take out this plan, it will be provided by AXA Sun Life plc trading as Sun Life Direct.

When it comes to saving, the sooner you start the sooner you can enjoy your cash lump sum, so why not read on to find out more, making sure you read the Key Features, Key Facts About Our Services and Costs and 'A guide to how we manage our With Profits business'. Bonus CashBuilder Plus is a conventional With Profits policy, so please make sure you read the relevant information in the guide. It is also important that you have an understanding of what the Bonus CashBuilder Plus Plan invests in, so we have included information which explains this in more detail. Then simply click to apply online or request a free information pack.

 

Why choose the Bonus CashBuilder Plus Plan?

About the plan	It’s a 15 year Plan that pays out a cash lump sum at the end The Plan invests your monthly premiums in our With Profits Fund, which aims for long-term growth If you’re aged 18-55 and a UK resident, you can apply for a Bonus CashBuilder Plus Plan
Low start feature to help you start saving	You can choose a starting monthly premium between £10 and £100 The low start feature means your monthly premium will go up each year for the first five years by 20% of the starting premium you choose to pay. For example, if you start paying £10 a month, by year 6 you’ll be paying £20 a month. You’ll then pay £20 a month for the rest of your Plan. If you stop paying premiums, you might get back less than you have paid in. Also, there’s no cash-in value in the first year, as most of our charges are taken at this time
Guaranteed minimum cash sum	We guarantee to pay out a minimum cash sum after 15 years, as long as you keep paying your premiums. Please note that the amount we guarantee will be less than the total premiums you’ve paid.
Your bonuses could add up	We’ll aim to add bonuses on top of the guaranteed minimum cash sum depending on how the With Profits Fund performs in the future. We aim to add a bonus every year, as well as a final bonus when your Plan matures. Bonuses will depend on the future performance of the Fund so cannot be guaranteed and may be zero. Therefore at the end of the 15 year term you could get back less than you paid in. Any bonus added will be paid out as part of the final cash sum at the end of the 15 year term. Please bear in mind that inflation will reduce the value of any cash sum paid out.
Some life cover is included too	Some of your monthly premium goes towards providing life cover as part of the Plan. So if you were to die at any point during the Plan, a cash sum would be paid out
Plus	You can choose a gift to welcome you to the Plan.

This website contains information on how the Bonus CashBuilder Plan works. As the website does not contain advice, you need to be satisfied this type of policy meets your needs. If you are unsure and need advice, please visit www.unbiased.co.uk to find an Independent Financial Adviser in your area - you may have to pay for the financial advice provided. Alternatively, if you have any questions about the plan, you can call us on 0800 904 7674.