National Friendly

One Fund

Filling the gap between traditional cash plans and PMI, One Fund is a genuinely innovative plan that helps cover the costs associated with keeping plan holders healthy in companies with 10 or more employees.

One Fund provides access to a single pot of money and a more flexible way to afford treatment across six key benefits:

• Consultations
• Counselling
• POCAH (physiotherapy, osteopathy, chiropractic, acupuncture, homeopathy)
• Dental
• Optical
• Health screenings

National Friendly’s One Fund is more than an employee benefit, but  also a sickness absence management tool. By focusing on making significant payments towards necessary bills such as those above, rather than small everyday costs, the plan is designed to get employees back to work with minimum delay.

To find out more about this exciting new plan please read the product literature.

50+ Life Plan

No medical. No health questions. No fuss.

National Friendly’s 50+ Life Plan is an easy way for clients aged 50-79 to leave their loved ones a cash lump sum from as little as 33p a day.

Benefits of our plan:

• No medical required / no health questions
• Guaranteed acceptance for UK residents aged 50-79
• Premiums are paid monthly starting at £10 a month
• Guaranteed payout after only 12 months
• Premiums are fixed for life
• When the life covered reaches 90 years old, premiums stop but cover continues
• If the life covered has held the policy for 10 years or more and are admitted to a nursing home for long-term care, premiums stop but cover continues.

Important things to remember

• The policyholder’s estate may receive less than they have paid in
• Inflation may, over time, reduce the value of the plan
• If the policyholder stops paying premiums their life cover will end and they will get nothing back
• The plan has no cash in value
• If the policyholder dies within the first 12 months the plan will only pay out a refund of any premiums paid.

For full information, please refer to our product literature.

Tax-Free Savings Plan

Only with a friendly society such as National Friendly, can your clients invest £25 a month tax-free* – on top of their ISA allowance.

Open to any UK resident aged 16-64 or any adult wishing to invest for a child, the plan offer some attractive benefits:

• Invest £25 monthly or £270 annually.
• Receive a tax-free* lump sum after at least 10 years of investing.
• Enjoy the potential for annual bonuses.
• Guaranteed to pay out at least as much as you’ve paid in on maturity, no matter what happens on the world’s money markets.
• Includes built-in life cover for future peace of mind.

*As a friendly society, our with-profits fund is exempt from corporation tax and we award bonuses based on how well the fund performs. Policyholders don’t pay any income tax or capital gains tax on the maturity value. However, 10% income tax is paid by us on their behalf on dividends from shares held in the fund. This can’t be reclaimed. The money in the plan forms part of the policyholder’s estate and in the event of death it could be liable to inheritance tax. Please note that the tax treatment of the plan may be subject to change in the future and could also depend on the individual circumstances of the plan holder.

To find out more about National Friendly’s Tax Free Savings Plan, please refer to the product literature.

Healthcare Deposit Account

The National Friendly Healthcare Deposit Account is available to individuals and groups with a minimum of 3 members. It is a flexible approach to private medical cover with some very attractive benefits:

Fixed Premiums for 5 years – so there are no annual price increase and no need to renew each year.

Shared responsibility - 75% of the fixed monthly premium goes into running the scheme and the other 25% goes into a personal deposit account. The more this deposit account builds, the more the member will be able to claim up to their cover limit. The deposit account is not a savings account and does not pay interest, it just looks after your clients’ money until they need to claim.

Comprehensive cover – cover for individuals starts from just £44 a month per adult or just £22 per child, members benefit from a wide range of cover including consultations, surgery, cancer and heart treatment, and recognised alternative therapies.

Choice of treatment provider – members can choose any private facility in the UK or choose the NHS and benefit from cash back

Choice of cover – individuals/employers can choose the level of cover to suit their anticipated needs.

To find out more about how this innovative co-funded plan can benefit your clients please read our product literature.