Tax Free Five Yearly Bonus Policy
This policy pays out a guaranteed lump sum on the death of the person assured plus it pays a cash bonus of 200 times the weekly premium directly to the policyholder on every fifth anniversary of the policy (i.e. if you pay £5per week on every fifth anniversary of the policy the society representative will deliver directly to you £1000).
It is available to all individuals between the ages of 1-60. Bonuses are added to the policy annually and once added cannot be taken away. In addition a further bonus maybe added to the claim. This is the method of distributing the profits of the society back to the members and unlike Insurance Companies there are no shareholders taking a slice of the Society’s profits.Download Key Features Document
No advice has been provided by The Kensington Friendly Collecting Society Limited. If you are in any doubt as to whether a policy is suitable for you, you should contact a financial adviser for advice. Advisers may charge for providing such advice and should confirm any cost beforehand.
We are covered by the Financial Ombudsman Service, whose website address is