THE GUARANTEED INDEX PLAN

THE PLAN OFFERS
  • Bermuda trust participation
  • 105% minimum guarantee every five years
  • Accumulated profit lock-in
  • Includes all major indices
  • Ability to transfer between investment options
  • Liquidity options
  • Estate benefit
  • Interest guarantee
THE PLAN AT A GLANCE
  • Issue ages: 0-90
  • Minimum: US$ 50,000
  • Maximum: US$ 5,000,000, which may be exceeded with company approval
  • Minimum investment per index option: US$ 2,000
INDEX OPTIONS
Allocate and customize your investment into one or more of the following index options:
  • FTSE 100®
  • Dow Jones EURO STOXX 50SM
  • Fixed Interest Rate Account
  • TOPIX®
  • S&P 500®
  • Hang Seng
UNDERSTANDING HOW IT WORKS
Enjoy investing with upside potential but no downside risk, as follows:
  • When indices go up, the account value goes up, subject to a cap
  • When indices go down, the account value remains unchanged.
  • When indices are positive again, the account value goes up again.
  • All the while, investments and any accumulated growth are guaranteed.
GIP Graph
The chart above is hypothetical and for illustrative purposes only.
INTEREST CREDITS AND CAPS
Annual interest credit The index value on a particular investment anniversary will be compared to the index value on the preceding investment anniversary to determine the index change. If this results in a positive change, it is applied to the account value as interest credit up to the cap. If the change is negative no interest credit is applied.
Any interest credit is applied on each investment anniversary and is locked-in, so future decreases in any index will not affect the interest already credited to your plan. Interest credits are not calculated or credited between anniversaries; consequently amounts withdrawn between anniversaries will not earn any interest credits.
Caps Each index option is subject to its own maximum and minimum cap. The caps are declared monthly and reset annually. These caps are protected by a 3% minimum cap, meaning that the cap can never fall below this percentage. Check with your advisor about the current caps.
One-year fixed interest rate account Interest is credited daily, is declared in advance, and is guaranteed for one year.
ATTRACTIVE LIQUIDITY OPTIONS
Free Withdrawal up to 10% of total investments, less any prior withdrawals and any associated charges, is available in any plan year following the first plan year.
Declining withdrawal charge on withdrawals above the free limit:

Plan Year 1 2 3 4 5
Redemption charge 7% 7% 6% 6% 5%
OTHER BENEFITS
Guaranteed Wealth Transfer Value Guarantees your successors-in-interest will receive the account value plus any growth up to the time of death.
Inter-Generational Wealth Transfer A successor-in-interest may begin a new plan with the Guaranteed Wealth Transfer Value as the initial investment.
105% guarantee All investments are guaranteed to equal no less than 105% every five years (reduced by withdrawals and any withdrawal charges)

Guaranteed Index Plan fact sheet

Download PDF >