Latest NewsPremier Plan
The Tax Exempt way to invest in your future. The Premier Plan is a tax-exempt Endowment Assurance with Profits policy and gives you a tried and tested way to build your savings. Your payout is made up of two parts. Firstly, a cash sum that is guaranteed when your policy matures, giving you security and automatic life cover.
Secondly, there are bonus additions to the sum assured - these bonuses are based on the surplus of Grand United Order of Oddfellows Friendly Society. Because we're a mutual organisation, there are no shareholders to take a cut. And once they've been added, bonuses cannot be taken away.
The life cover you receive when you take out your Premier Plan depends on the premium, your age and the term of the plan. A man aged 30, for instance, will have a greater sum assured than an older person for the same term.
And of course, the benefit of life cover means that on the death of the life assured, the beneficiary will receive a cash sum to help them through a difficult time.
You can save anything between £5 and £25 a month.
If you prefer to save annually, you can save up to a maximum of £270 a year. Your Premier Plan can run for between 10 and 25 years and you can take out a policy up to your 65th birthday.
Your spouse can also have a policy thereby doubling a couples possible saving.
