The Offshore Bond Products
STM Life offers three products which are all traditional unit linked whole of life assurance contracts. The three bonds differ from each other in terms of the diverse range of assets that can be invested within each Bond. In particular.
International Portfolio Bond (IPB)
The International Portfolio Bond is the "traditional offshore bond" which allows the policyholder to invest in a limited choice of assets for example, units in an authorised unit trust, shares in an investment trust and cash. The policyholder has a direct involvement in selection of assets that the IPB invests into.
International Self Directed Bond (ISDB)
The International Self Directed Bond allows for a far wider range of allowable assets for example, private company shares, vintage cars, boats, paintings and property can all be accommodated within the bond and the policyholder has direct involvement in selection of assets that the ISDB invests into.
International Life Bond (ILB)
The International Life Bond allows for the same wide range of allowable assets as listed above but the bond will not be considered a personalised bond within the UK system.
Disclaimer
References to legislation and taxation expressed on this website are based on STM Life's understanding of current law, which may change without notice.
STM Life Assurance PCC Plc does not give financial or investment advice
The information contained herein is intended for general guidance only and is not a substitute for professional advice. No responsibility is accepted for any action taken or not taken on the basis of the information contained herein.
STM Life Assurance PCC Plc is regulated by the Gibraltar Financial Services Commission
