This will give you a rough estimate of the future value of your Bond. No charges are taken into account, so a growth rate net of charges would be appropriate, and a “reduction in yield” figure taken from a formal illustration might be a guide when considering which appropriate net growth rate to use.
This allows you to select an appropriate planning period to meet your client’s needs.
Allows you to set a maximum level, which you might not wish to exceed when planning an assignment or withdrawal. For instance, entering the current personal tax allowance might help ensure that your client has sufficient policy segments to assign, allowing a non tax payer to encash at a level that will not trigger a tax charge. Alternatively, other levels might be selected, which, if exceeded might result in a higher rate of tax being paid.
This will allow you to see the effect of increasing the target chargeable gain by a fixed amount per annum over the term you have selected. If you wish the target chargeable gain to be a fixed amount, the inflation rate may be set at zero. No other calculations will be affected by this.
These can be entered in order to see their effect on the efficiency and flexibility of the Policy. CLIAI allows a maximum of 99,999 segments to be selected.
The final 3 columns in the calculator will always show if greater flexibility can be achieved for the size of policy and target chargeable gain you wish to consider by selecting the maximum number of segments.
Please input your specific client's premium here. The results based on this specific premium will be shown at the bottom of the table below.
Red fields indicate segment sizes higher than the predicted size of the projected target chargeable gain.
Green fields indicate where 99,999 segments would be more beneficial than the number selected.
This column shows a list of example premiums, your specific client premium will be shown in the last row below this table.
INPUT YOUR DATA
YOUR RESULTS