Download the document (10.02 MB) - Hillsborough Independent Panel

I
DAILY EXPRESS Tuesday April 18 1989 25
Why didn’t you receive a cheque
f you had started saving with Sun
life 10 y ean ago, this m orning you
could have received a cheque like
this.
It would be all yours. To spend as
you wish. And even with this substantial
amount of cash in your hands, you wouldn’t have
to pay any tax on your proceeds.
That’s because the Bonus Savings Plan offers
you a simple way to save for 10 years without
forcing you to hand over tax on the proceeds of
your savings — no matter how much you stand to
receive.
Indeed, many savers have already received
genuinely high lump sum payouts thanks to Sun
Life’s investment expertise.
A SUBSTANTIAL CASH LUMP SUM IN
PROSPECT FOR YOU.
The Bonus Savings Plan enables your
savings to grow rapidly with the resulting cash
payment to you being free of personal income tax
and capital gains tax. Your premiums are paid into
a fund upon which Sun Life is subject to tax on
investment income and capital gains.
So not only does the plan combine
insurance with investment to give you a
guaranteed sum after just 10 years paid free of
income tax and free of capital gains tax; you will
also receive annual bonuses which will be added
to your savings to boost your lump sum payout
Once added, these bonuses are guaranteed and
cannot be taken away from you. And after ten
years a Terminal Bonus may also be added to
increase your tax free return even further.
Of course, bonuses allotted to policyholders
and the proportion of profits allocated to
shareholders are determined by our directors
subject to the policyholders receiving not less
than 9Q% of the distributed profit.
SUN LIFE - INVESTMENT EXPERTISE.
With Sun Life’s investment Team winning
no fewer than 5 independent investment awards
in 1986 you can be sure that your savings are
looked it e r by a truly professional team.
YOU BENEFIT FROM THIS BUILT-IN
“INVESTMENT ESCALATOR” FEATURE.
The substantial lump sum you could look
forward EXAMPLES to is not only OF due WHY to YOU the feet COULD that your
BENEFIT BY INVESTING IN THE
BONUS SAVINGS PLAN
With his children now off his hands
he is beginning to have more cash available.
He really would like to commit himself to
further regular saving, with sound
guarantees and with the prospects of real
growth. The Bonus Savings Plan gives him
the confidence he needs because of the
guarantees it provides.
WOMAN AGED 30
MAN AGED 45
She likes the idea of making regular
savings from her own income. The choice
of premiums, from as little as £10 a month
initially, means that she can suit her savings
to her budget. She also likes the fact that
the Bonus Savings Plan enables her to
increase her savings each year to help keep
pace with inflation, and her extra ability to
save a little more.
The Plan is available to people aged 18-74 and is
designed to produce a large cash sum at the end of 10
years.
Examples of early cash-in values (for a plan for an initial
monthly premium of £50) are set out below. Values for
other monthly premiums are in direct proportion to the
guaranteed sums at the end of 10 years. These values
have been calculated according to the Rules prescribed
by LAUTRO.
No. of years
in force
Total premiums
paid
Surrender values for a
male aged at entry
34 : 54 74
£ £ £ £
1 551 330 288 114
2 1133 919 818 424
3 1877 1561 1401 775
4 2603 2359 2138 1286
5 3371 3247 2974 1913
These values include allowance for possible future
bonuses and are not guaranteed. The amount actually
payable would depend on the bonuses added to the
policy and the surrender basis current at the time. The
values for a female of the same age will be
higher.
Bearing in mind the plan’s initial setting up
charges, early surrender is not
recommended.
After 2 or more years you could then apply
N O T E S
S U N L I F E
savings are paid to you as mentioned above free of
personal income tax and capital gains tax after 10
years; it’s not only due to Sun Life’s proven
investment expertise; it is also due to a feature
we call the “Investment Escalator.”
This means that your monthly savings are
automatically increased at the end of each year by
7% of the initial regular monthly amount.
In this way, the Plan takes full account of
your future savings ability - as a result of increases
in income for example.
Compared with a Sun Life level contribution
plan of a similar type, the “Investment Escalator”
feature gives a very real boost to the amount you
can look forward to receiving.
So save £10 now, and you’ll save £10.70 in
year 2, £11.40 in year 3 and so on: This is a simple
way of increasing your return, compared with a
similar savings plan with premiums remaining at
£10 each month.
LIFE INSURANCE TOO
- WITIIOI IT MF.DICAL EXAMINATION.
From the day your application is accepted
and all the time you are saving, your life will be
automatically insured for a guaranteed death
benefit which, like the cash sum payable at the
end of 10 years, would be free of personal income
tax and capital gains tax.
The amount of your life cover will be
confirmed in your Personal Benefit Summary
which you will be sent on acceptance. The table
below gives examples of just how great that
cover could be for a man who starts saving £20 a
month.
Age when plan
taken out
Up to 54 64 74
Guaranteed
Minimum £2,400 £1,860 £1,500
Death Benefit
ANY QUESTIONS?
f No-one will visit you at home; ifyou
have any questions just contact us on
0 8 0 0 2 7 -2 1 -2 7
Your call is free! Or speak to your financial adviser.
for a loan secured by your policy, on which interest would
be payable (full written details are available on request)
- so satisfying any shorter term need for cash whilst
enabling you to keep your policy in force.
If the policy is not surrendered, and premiums are
discontinued after at least 2 years premiums have been
paid then the benefits payable at the end of 10 years or
on your earlier death would be appropriately reduced.
If the policy is surrendered, or premiums are otherwise
discontinued, before 7V4 years’ premiums have been
paid, there could be a liability to higher rate tax on any
profit on surrender, or survival until the end of 10 years or
on earlier death.
The maximum total initial payment for all Bonus Savings
Plans and similar Savings Plans with Sun Life is £100
per month.
A copy of your completed application and/or a specimen
of the policy will be available on request.
This offer will remain open if you apply by the close date
shown. The terms of the offer may be repeated in other
advertisements which extend the application period
shown. If we repeat the offer, these terms may no longer
be available.
All statements made in this advertisement assume
assurability at our ordinary rates of premium, payment
of all premiums when due and current
legislation remaining unaltered.
Sun Life Direct Marketing Ltd is an
Appointed Representative and wholly
owned subsidiary of Sun Life Assurance
Society pic, St. James Barton, Bristol.
Simply answer the questions on the special
Priority Application Form below and Sun Life will
then advise you of their decision. There is no
medical examination required to apply for this Plan.
I
I
AGE WHEN
PLAN
TAKEN OUT
9
FREE!
Yes, apply for your Bonus
Savings Plan before the
date shown and you
will be sent on
acceptance and
receipt of your
direct debit
this superb
wallet
calculator
absolutely
free of charge!
The wallet
is finished in black hide and includes
a quality calculator as well as a useful jotter
pad. Additionally, there’s space for up to 5 credit
cards and, of course, ample room for banknotes.
It can be yours - free with our compliments
- when you apply for your Bonus Savings Plan
before the date shown!
HOW MUCH COULD YOU HAVE BEEN RECEIVING TODAY!
Y O U R INITIAL M ONTHLY SAVINGS A M O U N T
& ] 1 0 1 £ 2 0 I £ 5 0 |I £ 1 00 1
A B c D A B C D A B C D A B C D
MALE FEMALE £ £ £ £ £ £ - £ . £ £ £ £ £ £ £ £ £
18*39 18-43 1269 739 814 2822 2538 1479 1627 5644 6345 3699 4067 14111 12690 7398 8134 28222
44 48 1259 733 808 2800 2518 1467 1615 5600 6295 3669 4036 14000 12590 7339 8071 28000
49 53 1250 728 802 2780 2500 1457 1603 5560 6250 3643 4007 13900 12500 7287 8013 27800
54 58 1231 717 789 2737 2462 1435 1578 5475 6155 3588 3945 13688 12310 7176 7891 27377
59-69 63-73 1203 701 771 2675 2406 1402 1542 5350 6015 3506 3856 13377 12030 7013 7711 26754
74 - 1179 687 756 2622 2358 1374 1512 5244 5895 3436 3779 13110 11790 6873 7557 26220
A = GUARANTEED SUM AT THE END OF 10 YEARS B = REGULAR BONUSES C = TERMINAL BONUSES D = TOTAL AMOUNT PAYABLE
1. Although the Bonus Savings Plan was not available 10 years ago, the guaranteed sums shown in column A above
are based upon the terms of the Plan as currently offered Ail past performance maturity values illustrated take into
account Sun Life’s actual declarations of Regular Bonus for policies taken out in April 1979 for the 10 years up to
April 1989, together with the Terminal Bonus which would have been added on 1st April 1989.
2. The Monthly savings shown increased by 7% of the initial regular monthly savings amount at the end of each year
for the 10 year period.
3. Benefits for ages and savings amounts not shown can be obtained approximately by reference to corresponding
adjacent values in the table above. Further details are available on request, or will be shown in your personal
benefit summary which will be sent to you on acceptance of your application.
The past is not necessarily a guide to the future; future bonuses come from profits and cannot be
guaranteed. ' ___
APPLY NOW AND SAVE UP TO £ 9 9
You can apply now w ithout obligation. Just com plete
the simple application form below. Then post it today with
your cheque/P.O. for £1 for your first m onth’s investm ent
regardless of the size of the plan you choose. This gives you
an im m ediate saving of up to £99.
On acceptance, you w ill receive your policy
docum ent and a Direct D ebit Instruction for your future
monthly payments. You will also receive a Personal Benefit
Summary confirm ingyour exact guaranteed benefits, and a
leaflet explaining bonuses and how they are allotted.
Ifyou wish to cancel, you have 30 days in w hich to do
so - entirely w ithout obligation. This extends your legal
right to cancel under the Financial Services (Cancellation)
Rules.
PLEASE SEND YOUR APPLICATION TO REACH US BY MAY 10th 1989
YOUR BONUS SAVINGS PLAN NO OBLIGATION APPLICATION
S end to : S u n Life A ssuran ce Society p ic, FREEPOST,
D ep t NB, PO B ox 290, B risto l BS99 7XY.
I—| YES please accept my proposal to join this Plan.
*—' I enclose m y cheque/PO for £1 made payable to Sun Life
Assurance Society pic for the first m onth’s paym ent of a Bonus
Savings Plan policy, which you w ill send m e on 30 days
no-obligation approval.
1 .1 WISH TO SAVE THE FOLLOWING INITIAL
MONTHLY AMOUNT:
- ! £100
[Z ] £ 5 0 CD £ 2 0 EH £10 EH O THErE
I (m ax)
(m in) Please state am ount
in m ultiples o f &5
| (BLOCK CAPITALS PLEASE)
111/382J
I 2. Surname (Mr/Mrs/Miss/Ms)
I
3. Forenames (in full)
4. Address
Postcode
5. Are you: Married? Q Single? Q Widowed? Q
Divorced? Q Separated? Q
6. O ccupation
7. Date o f Birth Day Month Year
8. Please answer all questions carefully and Tick as
accurately
appropriate
i. Have you within the last five years
a) been incapacitated for more than two weeks at
YES NO
a time?
b) been referred to or consulted a specialist Or
been referred to or attended hospital as an
n n
in-patient or-out-patient?
c) had an AIDS blood test or been counselled or
advised in connection with AIDS or any sexually
n □
transmitted disease?
d) received medical advice or treatment other
n n
than as described above?
ii. Are you currently receiving medication
□ □
prescribed by a doctor?
iii. Has any proposal for life insurance on your life
been declined, deferred or accepted on
□ □
special terms? □ □
Ifyou answer ‘Yes” to any of the questions, please give full details
on a separate sheet of paper. We may be able to accept you for this
special plan, or we wUl send you details of alternative plans that
may be available. In completing your proposal please make sure
that you answer each question fully and accurately indicating
“No” where applicable. Failure to disclose all material facts could
affect the payment of benefits. Material facts are those that an
insurer would regard as likely to influence the assessment and
acceptance of a proposal. Therefore, ifyou are in any doubt about
whether certain facts are material, you are strongly advised to
disclose them. I understand that if my application is accepted I
will be notified by the issue of an official acceptance from Sun Life
and the plan will commence on the date shown in the policy
provided that all the above statements are to the best of my
knowledge and belief then true and complete.
9- Signature
of Life to
be Assured
Tick here ifyou w ant an Application Form
for your wife or husband.
10. Date 4
784T5
L
Sun life Assurance Society.plc. Registered Officc: 107 Cheapside, London, EC2V 6DU. Registered in England No. 776273. 7 MEMBER OF LAUTRO.
___
.
_______
10ID