Unitised With-Profits

A guide to unitised With-Profits insurance policies Unitised (UWP) as oppose to Conventional (CWP) refers to the units in the With-Profits fund. As a side note, conventional with-profits contracts is when we guarantee to pay out an agreed amount when the policy matures. This could be a lump sum (the sum assured) or a series of payments (an annuity or pension). This guide explains how our with-profits fund works for…

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