Paragon

Brochure

300 extremely reasonable premium

payments, direct access to over 100
hand-picked funds and 3 children
seen through college could make for
2 happily retired individuals in a small
boat in the Aegean.

Contents
03

The 360 advantage

04

Paragon

05

Investing in the Isle of Man

06

Flexibility and choice

08

Investing for a secure future

12

Reaping the rewards

16

Excelling in service

17

Building your Paragon policy

18

Taking the next step

19

Important information

To ensure that you have all the information you need to make a
decision, this Brochure should be read in conjunction with the
Key Features and Investment Guide.
The Terms and Conditions and further information are available
upon request from your nancial adviser.

The 360 advantage

360 perfectly describes our global business model and
vision to provide superior investment, protection and
tax-planning solutions. Headquartered on the Isle of Man,
we are a genuine worldwide business helping clients in
the Far East, Africa, the Middle East and the UK. Were
200 people strong, and we currently look after some 2.2
billion in assets for our clients*.

Matching vision with precision

While we take a global approach to providing well-rounded
nancial solutions, weve also earned a reputation for
creating highly exible, bespoke plans with some very
ne and distinctive points. We like to think our people
are rather ne and distinctive too; taking personal
responsibility for delivering all-encompassing premium
administration and support.

Isle of Man location

Our off shore base on the Isle of Man, one of the worlds
leading off shore nancial jurisdictions, brings our
international clients much greater scope for tax efficiency.
This is combined with an outstanding reputation for
investor protection and supervision, resulting in an AA+
risk rating from Standard & Poors (as at November 2012)
and an AAA rating from Moodys (as at November 2010).

All of which helps explain why we dont aim for just

a degree of outperformance, but for 360 degrees of
excellence.
* Source: RL360, as at 30 September 2013.

Paragon
Success and excellence are ultimately what we are all
striving for. Whether thats in relation to our careers,
families or life in general, we all want the very best out of
life that we possibly can.

Flexibility and choice

Flexible options mean that if your circumstances change
in the future and you need to increase or decrease your
premiums, change your payment frequency, invest a lump
sum or even take a premium holiday, with Paragon you
can. It is all about building a policy that suits you and your
circumstances, and providing the exibility to alter that
policy as you need to, subject to the policy rules.

At RL360, we believe that when it comes to nancial arrangements, you should not be looking for anything less.
That is why Paragon from RL360 has been devised to be
as ambitious and enterprising as you are.

World class funds

An investment vehicle that aims to help you grow

your wealth, Paragon provides dynamic and exciting
opportunities for investment.

In order to achieve the investment strategy that best

suits your needs, we have brought together a range of
quality funds covering a wide selection of asset classes
and sectors from some of the most well-regarded fund
management groups in the industry.

Paragon is a regular premium investment policy that allows

you to invest your money for the future. It does not matter
whether you are looking to invest for future education fees,
your retirement, or if you just want to build up a lump sum
for the future the important thing is Paragon aims to help
you reach your personal nancial goals.

Over time your risk prole may alter or your

circumstances may change, but its comforting to
remember that you will have the freedom to adapt your
fund choices accordingly.

Your money, your policy

You should be aware, however, that the value of your

investment can fall as well as rise and is not guaranteed.

With that in mind, we have designed Paragon to be as

exible as possible, giving you the ability to structure
a policy that can grow and evolve, as your investment
needs change.

Service excellence
At RL360 we pride ourselves on offering excellent
customer service; it is quite simply the lifeblood of
our business. Whether it is online, in writing or on the
phone, we do everything we can to ensure we deliver a
consistent and dependable service. It matters that your
experience of dealing with us is easy, enjoyable and
professional at all times.

With Paragon, we have brought together all the best

elements of an investment policy, from maximum
product exibility, to an extensive fund range and rst
class servicing.

Investing in the Isle of Man

RL360 is based in the Isle of Man, a location rmly
established as one of the worlds leading nancial
off shore centres. The Isle of Man is a British Crown
dependency which has enjoyed the stability of its own
Government for over 1,000 years, having one of the
oldest established parliaments anywhere in the world.

It is from here that we have built a strong reputation for

providing quality service and products in the international
and expatriate markets.
Policyholder protection
Owners of policies issued by RL360 Insurance
Company Limited receive the protection of the Isle
of Man Compensation of Policyholders protection
scheme, which covers an amount equal to 90%
(subject to the provisions of the scheme) of RL360s
liability where it is unable to meet its nancial
obligations. RL360 reserve the right to adjust the
returns to cater for any levy or charge made on
it under the regulations or similar legislation.

Over the last 25 years the Isle of Man has developed into
one of the largest off shore insurance and investment
centres in the world, renowned as a leading base for
international life assurance business due to extensive
nancial regulation.
Our regulation in the Isle of Man ensures professional and
sound management which guarantees that the interests
of investors are protected.

Flexibility and choice

Premium frequency You can make 2 types of payment
to your policy regular premiums and single premium
injections. Regular premiums can be made monthly,
quarterly, half yearly or yearly and the minimum
premiums are as follows:

To ensure that any investment you make suits your future

nancial and lifestyle needs, exibility and choice should
be key elements for consideration. After all, you know
what suits you best, so weve made sure that Paragon can
accommodate many of the changes you might need to
make to your policy as the years go by.

Regular premiums

For example you might start your Paragon policy putting

money aside for a rainy day, but as life progresses,
planning for future education expenses or funding your
retirement may take priority.

Policy
currency

Paragon from RL360 provides the ideal investment

policy and its built-in exibility will ensure that your policy
can change with you to take account of your nancial
situation and lifestyle changes.

Monthly Quarterly Half yearly

Yearly

GBP

100

300

600

1,000

EUR

150

450

900

1,500

USD

200

600

1,200

2,000

Additional single premium injections of at least GBP1,500/

EUR2,250/USD3,000 can be made at any time, and there
is no maximum. So if you receive a windfall in the future
such as a bonus from work or other investment proceeds,
you can easily top up your Paragon policy.

Premium exibility
There are various ways in which you can structure
your Paragon policy, from currency choice to premium
frequency and payment options.

Payment options Monthly and quarterly investors

can choose to pay their premiums by credit card,
standing order or direct debit (UK and Channel Island
bank accounts only). For those investors who prefer to
contribute on a half yearly or yearly basis, premiums
can be paid by credit card, standing order, direct debit,
telegraphic transfer, bankers draft or cheque.

Currency - Premiums can be accepted in the following

currencies:
Sterling (GBP)
Euro (EUR)
United States dollars (USD)

Flexibility and choice continued

Taking a break

Is Paragon right for me?

To make Paragon as exible as possible, we have also

allowed for you to take premium holidays. As long as
you full the necessary criteria, further details of which
can be found in the Key Features, you can enjoy up
to 2 years break from paying your premiums, with no
additional charges incurred, although standard charges
will continue to apply. Perfect if life throws a few
unexpected hurdles in your way.

Paragon is open to individuals, companies and trustees

and the minimum age for individual investors is 18 years
of age. The policy is available on a single or joint life
last death basis, with a maximum of 2 lives assured and
for individual investors there can be a maximum of 2
policyholders.
Premiums should be paid for a minimum of 5 years and
you can choose to contribute to the policy for as long as
you wish, up to a maximum age of 70.

Access to your money

Paragon also lets you take withdrawals to use as you
wish, as and when you need them. As long as your policy
has been running for 5 years, withdrawals can be taken
monthly, quarterly, termly (i.e. on a 4 monthly basis), half
yearly, yearly or on an ad hoc basis. So, whether you need
to fund regular school term fees, supplement your income
in retirement, or you need access to a lump sum, Paragon
can provide you with the access you need.

Childrens Plans
If you are interested in investing on behalf of a child or
grandchild, we also offer Childrens Plans, an ideal way to
easily invest for a childs future.
Indeed, what better gift to give a child than the gift
of nancial freedom. Whether the policy is used to
provide an education, a deposit on a house, or to set up
a business, Childrens Plans offer an excellent vehicle to
provide for future generations, whilst providing possible
valuable tax benets for the investor.

The minimum withdrawal amount that can be taken is

USD500 or currency equivalent. The total of all regular
withdrawals in any policy year are limited to a maximum of
15% of the surrender value at the start of the policy year.

You should be aware however, that tax legislation varies

from country to country therefore advice should also be
sought from a nancial adviser prior to investment.

You should be aware that, if you make regular withdrawals

which exceed the growth in your policy, the value of your
investment will be eroded.

Investing for a secure future

At RL360, we believe that choosing the right investment
strategy is an exciting and important part of helping you
to achieve your future nancial goals.

Leaving it to the experts

If you are not sure about where you should be
investing your money, do not have the time
to continually monitor investment markets or
would prefer to leave it to the experts, the fund
options include a range of managed funds.

Paragon can help you reach your future goals by

providing access to a comprehensive menu of funds
from a range of well renowned fund managers.

If you want to control the risk to your investment through

your choice of funds or are looking for expertise in global
diversication, managed funds could provide the answer.
Run by professional fund managers, they offer a wide
choice of options, from the more traditionally managed
fund investing in all the major asset classes to more
focused managed equity funds.

Offering a broad choice of investment styles, asset classes,

risk proles, currency denominations and geographical
sectors, the funds all have a common aim to help you
build your wealth.
Your policy, your funds
Within Paragon we offer a quality choice of individual
funds that you and your nancial adviser can use to build
a portfolio to match your personal needs and aspirations.

For more details, and to nd a fund that ts your needs,

please refer to our Investment Guide.

Whether you are interested in investing in more

traditional asset classes such as equities or bonds,
or prefer to diversify into specialist sectors such as
emerging markets and alternative funds, we believe
Paragon offers the funds that suit your needs, both now
and in the future.

So, the choice is yours whether you want the freedom

to make your own portfolio decisions with your nancial
adviser, or you would rather bring in some additional
expertise, with Paragon you can.

Investing for a secure future continued

Risk and return

Flexibility

An important step towards creating a successful

investment portfolio is ensuring the funds you select meet
your investment risk prole, in other words ensuring you
are comfortable with the amount of risk your investment
could be subject to.

Remember, once you have made your decision, you

are not tied to it. As markets change and your nancial
objectives evolve over the years, you can switch between
funds (currently free of charge) and redirect future
premiums into new funds whenever you want.

You may be prepared to accept a higher degree of risk

in your policy to achieve potentially higher returns, or
you may prefer a more cautious approach where your
exposure to risk is reduced, but with the possibility of
lowering your returns.

For further information about Paragon and for more

details on the fund managers and their funds, please refer
to the Investment Guide.

Whatever your views, we believe Paragon has a solution

that is right for you.
From the lower risk money market funds to balanced
managed and higher risk specialist equity funds, we
believe that the Paragon fund range offers access to the
main asset classes and specialist sectors from which to
help you meet your investment objectives.

Reaping the rewards

We all know that its important to make provision for the
future and thats why well do all we can to help you make
that regular, nancial commitment to a secure future.

A thank you from us to you

What is more, to say thank you for investing with us
and to reward you for making that commitment to your
future, Paragon offers a loyalty bonus to all its investors.

To help you take that rst step towards planning for your
future, as well as offering exible premium options and a
comprehensive range of investment choices, at RL360
we give you an incentive to invest.

As long as all the premiums have been paid, RL360 will

pay a loyalty bonus of 1% per year of the accumulated
fund value. The starting policy anniversary from which
the loyalty bonus will be paid is dependent upon the
premium term (please see examples on following
page). Additional bonuses will also be paid on further
policy anniversaries, which are again dependent on the
premium term.

Premium allocation
Depending on how much you decide to invest, the
percentage of the premium that is invested in your policy
can increase from 100% to as much as 107%.
Annualised
premium GBP

EUR
equivalent

USD
equivalent

Premium
percentage

1,000 to 1,499

1,500 to
2,249

2,000 to
2,999

100%

1,500 to 1,799

2,250 to
2,699

3,000 to
3,599

101%

1,800 to 2,399

2,700 to
3,599

3,600 to
4,799

103%

2,400 to
3,599

3,600 to
5,399

4,800 to
7,199

105%

3,600 and
above

5,400 and
above

7,200 and
above

107%

Please note that the loyalty bonus will be paid on

regular contributions only, and does not apply to single
premium injections.
For further details, please refer to page 5 of the Key
Features How is the loyalty bonus calculated?

Please note that the above table applies to regular

premiums only.

12

Reaping the rewards continued

How does it work?

Example 1 10 year policy

Let us take a look at a couple of examples.

Regular bonuses

Example 1

Loyalty bonus (USD)

This example is based on a Paragon policy with a 10-year

premium term, in which USD500 per month is invested.
As long as all the premiums have been paid, on the
third policy anniversary bonus units of 1% will be added,
increasing the value of the fund.

Additional bonuses

The policy will continue to receive further regular

bonuses of 1% each and every year and, in addition, at
the end of the 5th and 10th policy years, further bonus
units totalling 7% of the fund value will also be paid.
If we look at the graph we can see that the bonuses
paid could add over USD9,000 over 15% of the total
premiums paid over the term.

End of policy year

The above graph assumes a growth rate of 5.0% and is net of the contract charge and any external fund management
charges that apply. The gures are for illustration purposes only and are not guaranteed. You might get back more or less
than this. The situation is designed solely to provide an example of the potential growth of a Paragon policy assuming
USD500 per month is invested over a 10 year period. Specialist advice should be taken before any investment is made
or tax strategy implemented. Please note that the loyalty bonus will be paid on regular contributions only, and does not
apply to single premium injections. The percentage of the loyalty bonus may be varied in the future at the discretion of
RL360. For further details on the loyalty bonus, please refer to the Key Features.

14

Reaping the rewards continued

Example 2

Example 2 20 year policy

This time, let us look at a Paragon policy with a 20-year

premium term, in which USD200 per month is invested.
As long as all the premiums have been paid, on the sixth
policy anniversary, bonus units of 1% will be added,
increasing the value of the fund.

Regular bonuses

Loyalty bonus (USD)

The policy will continue to receive further regular bonuses

of 1% each and every year and, in addition, at the end
of the 10th and 15th policy years, further bonus units
totalling 7% of the fund value will also be paid. If we look
at the graph we can see that the bonuses paid could add
over USD9,900 over 20% of the total premiums paid
over the term.

Additional bonuses

End of policy year

The above graph assumes a growth rate of 5.0% per annum and is net of the contract charge and any external fund
management charges that apply. The gures are for illustration purposes only and are not guaranteed. You might get back
more or less than this. The situation is designed solely to provide an example of the potential growth of a Paragon policy
assuming USD200 per month is invested over a 20 year period. Specialist advice should be taken before any investment is
made or tax strategy implemented. Please note that the loyalty bonus will be paid on regular contributions only, and does
not apply to single premium injections. The percentage of the loyalty bonus may be varied in the future at the discretion
of RL360. For further details on the loyalty bonus, please refer to the Key Features.

15

Excelling in service
We realise excellent customer service is a vital
component when it comes to ensuring your policy runs
smoothly. Thats why we place service at the centre of
everything we do.

Our people
At RL360 we will always strive to deliver a consistent and
dependable service for our customers.
So, if you or your nancial adviser want to speak to
someone about your policy, either through our main
office in the Isle of Man, or to a local contact in one of our
regional offices, we will do our best to ensure that any
queries are answered quickly and efficiently.

Our technology
We are at our best when we are online. That is why
Paragon offers the technology to make the administration
of your policy as simple as it can be. We also back this up
with quality personal, technical and administrative support.
For example, once you have registered to access
our secure Online Service Centre, you will be able to
download your policy valuations in just a couple of clicks.
By using our online servicing capabilities, both you and
your nancial adviser can benet from a fast and efficient
service from RL360.

16

Building your Paragon policy

With Paragon, weve brought together all the elements
you need to create your tailored investment policy for
the future.
If you are looking for an investment policy that aims at
nothing less than growing your wealth, in the way that
suits you best, then we believe that Paragon is the perfect
match for your ambition.
In Paragon, we have created a product that combines
exibility, a diverse range of funds and excellent servicing
and administration.
Paragon has been built to be as ambitious and
enterprising as you are, and it has been brought to the
market place by a strong and reliable company that you
can entrust with your wealth and with your future.
All you have to do now is bring the pieces together, in the
way that you want and look forward to an exciting and
dynamic future.

17

Taking the next step

If you have read the Brochure, Investment Guide and Key
Features, you are ready to take control of your nancial
future. The next phase is to follow our simple 4 step guide
on how to take out Paragon.

Step 4
Ask your nancial adviser to send the completed
Application Form, Personal Illustration and payment to:
RL360
RL360 House
Cooil Road
Douglas
Isle of Man
IM2 2SP
British Isles

Step 1
Your nancial adviser can request a Personal Illustration to
accompany the Key Features.
Step 2
Complete the Application Form, following any instructions
noted. If you are paying by direct debit, standing order or
credit card, please ensure the relevant payment instruction
form is completed and returned with the Application Form.
For half-yearly and yearly investors, if you are paying by
cheque, you should make the cheque payable to RL360
Insurance Company Limited and enclose it with your
Application Form. If you are investing by telegraphic
transfer, you should ensure that you complete the relevant
section in the Application Form.

Alternatively, you can send it to your nearest regional

office, further details of which can be found on the back
page of this Brochure.
After that
Once all information required has been received and
your policy has been issued, we will send you a Policy
Schedule and a copy of the Terms and Conditions to
welcome you as a RL360 customer.

Step 3
On each policy anniversary thereafter well send
you a summary statement via your nancial adviser,
detailing the status of your policy. In addition, you and
your nancial adviser can get immediate up to date
information on your policy at any time at www.rl360.com,
our safe and secure online service for clients and advisers.

After reviewing the Investment Guide, and with the help

of your nancial adviser, select the funds for your initial
investment choice. Remember you can switch funds
whenever you want, and also redirect any future premiums
to different funds to reect your changing needs, in
conjunction with your nancial adviser.

18

Important information
This Brochure should be read in conjunction with the Key
Features and Investment Guide before completing the
Application Form.

Complaints
If you wish to complain about any aspect of your policy
please consult your nancial adviser or write to our Head
of Customer Services at our head office address.

Taxation
You benet from the tax efficiency of an Isle of Man based
life assurance policy. Under Isle of Man law, there is no
liability to tax on the income or capital gains of the various
funds. So, apart from any withholding tax that may be
deducted at source on income arising from investments
held in some countries which cannot be reclaimed by us,
your investment grows without any further deductions of
Isle of Man tax. Please remember, that as a policyholder,
you will be responsible for any tax liability that may arise as
a result of your country of residence or citizenship.

Complaints about our products or service will be dealt

with in accordance with the Complaints Handling Policy, a
copy of which is available on request.

For information relating to your own tax circumstances

you should consult your nancial adviser. The value of tax
benets depends on individual circumstances and can
change in the future.

General information

If a complaint regarding the administration of the policy

is not dealt with to your satisfaction you can refer it to
the Financial Services Ombudsman Scheme for the Isle
of Man, Isle of Man Office of Fair Trading, Government
Buildings, Lord Street, Douglas, Isle of Man, IM1 1LE.
Telephone +44 (0)1624 686500.

The value of your investments may fall as well as rise. If you

surrender your policy, particularly during the early years,
you may get back less than the premiums paid. Paragon is
a regular premium life assurance savings policy. You may
not get back the full value of your investment.

Law
The information contained in this Brochure is based on
our current understanding as at January 2013 of the
relevant areas of law and taxation. Whilst great care
has been taken to ensure the information is correct,
we cannot accept responsibility for its interpretation
or give legal advice.

For further information on Paragon, please consult your

nancial adviser.

Paragon is governed by Isle of Man law. This document

gives a brief guide to the policy. Full details are contained
in the policy Terms and Conditions and the Policy
Schedule (including any Endorsements) which, together
with the Application Form and Key Features, will form
the legally binding contract between you and RL360
Insurance Company Limited.
19

New Business

Representative Office Dubai

RL360 House, Cooil Road, Douglas,

Isle of Man, IM2 2SP, British Isles.
Tel: +44 (0)1624 681 578 Fax: +44 (0)1624 690 578
Email: newbusiness@rl360.com

Office 1402, 14th Floor, Single Business Tower,

Sheikh Zayed Road, Dubai, UAE.
Tel: +971 4378 2700
Email: dubai@rl360.com

Servicing

Regional Office Hong Kong

RL360 House, Cooil Road, Douglas,

Isle of Man, IM2 2SP, British Isles.
Tel: +44 (0)1624 681 682 Fax +44 (0)1624 677 336
Email: csc@rl360.com

Suite 3605, The Center,

99 Queens Road Central, Hong Kong.
Tel: +852 3929 4333 Fax: +852 2169 0181
Email: hongkong@rl360.com
Website
www.rl360.com

Issued by RL360 Insurance Company Limited. Registered Offi ce: RL360

House, Cooil Road, Douglas, Isle of Man, IM2 2SP, British Isles. Telephone:
+44 (0)1624 681681. Telephone calls may be recorded. Fax: +44 (0)1624
677336 or Website: www.rl360.com. RL360 Insurance Company Limited
is authorised by the Isle of Man Government Insurance and Pensions
Authority. Registered in the Isle of Man number 053002C. A member of
the Association of International Life Offi ces.
PAR001f 12/13