Citadel investment bond

Citadel Insurance plc recently launched the CitadelLife Investment Bond. This bond is a single premium insurance product with life cover which offers a potentially higher return than bank deposits and bonds. It is an interest sensitive life insurance product, which invests in Citadel's With Profits fund. This fund currently invests in a choice of assets from shares, bonds, property, funds and bank deposits, both local and international.

With a minimum premium of Lm2,500 and a minimum investment period of five years, the CitadelLife Investment Bond is a tax efficient policy under current tax legislation.