Tax-efficient investment bond from CitadelLife

Citadel Insurance plc recently held an orientation meeting for its insurance intermediaries at Palazzo Capua, Sliema, as part of its launch programme for its new product, the CitadelLife Investment Bond.

The CitadelLife Investment Bond is a single premium insurance product with life cover, offering clients a simple, straightforward form of investing. As outlined by Chris Micallef, head of the Life Department, the CitadelLife Investment Bond potentially offers a higher return than bank deposits and bonds. With a minimum premium of Lm2,500 (€5,823.43) and a minimum investment period of five years, the CitadelLife Investment Bond is a tax-efficient policy under current tax legislation.

As a cautious investment, the CitadelLife Investment Bond is an interest-sensitive life insurance product, which invests in Citadel's "with profits" fund. This fund currently invests in a wide choice of assets from shares, bonds, property, funds and bank deposits, both local and international.

For more information contact Citadel Insurance plc at Casa Borgo, 26, Market Street, Floriana, on Freephone 8007-2322, e-mail info@citadelplc.com, or visit www.citadeldirect.com. Alternatively, call at Citadel's branches or insurance intermediaries.