Key facts
AEGON Secure CapitalHere you can find out the key facts of AEGON Secure Capital.
| Description | A lump sum investment product, known in the industry as a single premium investment bond. |
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| Basis the bond can be issued on | It can be set up to cover:
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| Age eligibility |
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| Minimum investment | £15,000 |
| Minimum additional investment | We don’t allow additional investments into the same bond however you could take out a new bond. |
| Maximum investment | £1 million across all our guaranteed products. We will consider investments over £1 million on a case-by-case basis. |
| Number of bond policies | The bond is made up of 10,000 individual policies. This amount can’t be changed. |
| Payment method |
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| Guaranteed capital option* | We guarantee that the fund value will be a minimum of 100% of the original investment at the end of the selected capital guarantee term. The capital guarantee term must be selected when the bond is taken out and can be any anniversary from the 8th up to and including the 20th. Find out more in the guarantee options section. If this option is selected, we’ll charge a guarantee option fee based on the term and fund choice. Details of the charges are shown below. |
| Capital escalator feature | Every year the fund value is reviewed on the bond anniversary and if it’s higher than the current guaranteed capital value, then it’s set as the new guaranteed capital value. Once a new guaranteed capital value is locked in, it will never go down (unless you take additional withdrawals), but it could go up on a future review date. Find out more in the guarantee options section. |
| Guaranteed death benefit | If you select this option, if the last person covered by the bond dies before the end of the capital guarantee term, we guarantee to pay at the very least your original investment less any withdrawals taken to date. But it could be more than this, read more in the guarantee options section. At the end of the capital guarantee term, the death benefit is 100.1% of the cash-in value. Please note: this benefit is available as a stand-alone option. It can only be selected with the guaranteed income option. If the guaranteed death benefit option isn’t selected, the death benefit on the bond will be 100.1% of the cash-in value. If this option is selected, we’ll charge a guarantee option fee based on the term and fund choice. Details of the charges are shown below. |
| Withdrawals | The minimum one-off withdrawal is £50. You can read full details of taking withdrawals below. Taking withdrawals will proportionately reduce the guarantees on your bond. |
| Fund choice | There’s a choice of set portfolios to choose from and access to our UK Cash fund. Find out more about our what’s available in our fund choice section. |
| Charges | Please see below for the charges that can apply to the bond. |
* The capital is only guaranteed on the agreed term date and not at any point before or after. At other times the fund value can fall as well as rise and isn’t guaranteed. If you cash in the bond before the end of the capital guarantee term or don’t select the guaranteed death benefit option and the last life assured dies before the end of the capital guarantee term, what we pay out isn’t guaranteed and you may not get back the amount your originally invested.
The only circumstance in which the guarantees wouldn’t apply is if AEGON Ireland plc failed. In this event, the benefits from your bond may be affected.
Next steps
Contact your financial adviser for a copy of our support literature and to arrange for a personal illustration.
If you don’t have a financial adviser, our find an adviser service can help you find one in your area.