Adult - Tax Exempt Savings Plans
(Without Life Cover)
Only friendly societies are able to provide these kind of savings plans, which allow you to take advantage of a special government tax break for regular savers. This version of the plan comes without the life cover often provided by this type of investment.
Get into the saving habit
A guaranteed return
When you take out your policy we’ll tell you the absolute minimum you’ll get when the plan matures (as long as you’ve kept up all of your contributions of course). This is called your sum assured. We also give regular bonuses every year and add them to the value of your policy. These can never be taken away - and you may also get a final bonus at the end of your term. The level of bonus added each year is not guaranteed and can change.
A tax exempt pay out
As a friendly society, we’re able to offer this kind of plan thanks to a unique government tax break. When the policy matures none of the money you receive will be taxed, and the fund that the money is invested in is also free of UK income and capital gains tax. The Savings Plan is designed to provide you with tax free savings.
Your money will be invested in the Healthy Investment Ethical With-profits Fund which includes a mix of different assets, including stocks and shares - all actively managed to maximise the potential for growth while carefully managing any risk.
Choose how long you want to save for - anything from 15 years to 25 years. It’s the perfect way to plan for a big event that’s coming up in the future. Whether it’s the holiday of a lifetime or an anniversary surprise, you can start saving now.
Put a modest amount away, every month, for the future. You’ll be growing your funds gradually, safe in the knowledge that you won’t be paying tax on the money you make. This tax free savings allowance is in addition to your ISA allowances.
A traditional way of saving - just like the saving schemes you remember as a child. You can use the cash sum you receive however you want, or you might want to save your money for a financially stable future.
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Any UK resident up to the age of 65 can invest in a Healthy Investment Tax Exempt Savings Plan (without life cover).
You might consider this plan if you already have a savings account with a bank or building society and you are now looking to put some money into an investment which has some risk but potentially higher returns and the proceeds of which are paid tax free.
Save from as little as £10 per month or a maximum of £25 per month (or £270 per year).
You can have your Tax Exempt Savings Plan (without life cover) mature on a specific date, or simply select a term between 15-25 years, providing it matures before your 80th birthday.
Depending on the term you choose you should see this as a medium or long term investment.
"The lady who dealt with my claim at Healthy Investment was excellent, well-mannered and very helpful round. "
Ann from Isle of Man
"It’s really important to me that Healthy Investment is an ethical provider."
Louise from Weymouth
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Call Jerrol on 0161 762 5790
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