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Welcome to RL360's

dedicated financial adviser website

For financial advisers only

Not to be distributed to, or relied on by, retail clients

Protected Lifestyle - Introduction

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Protected Lifestyle policies were sold internationally by Scottish Life International Insurance Company Limited prior to 2009. Protected Lifestyle is now closed to new business.


Protected Lifestyle was predominantly a protection based policy, similar to our new business protection policy LifePlan. It provided various benefits such as life and critical illness cover, in return for regular premiums.


The available fund range originally consisted of our quarterly dealing, internal Capital Protected Funds, denominated in GBP, USD and EUR. This fund range formally closed on 21 September 2018.


Available fund ranges


Internal funds

Launched on 21 September 2018 to replace the Capital Protected Funds, our range of 16 multi-asset portfolios link to a number of underlying funds investing in cash, fixed income and equities. This combination aims to provide a steady rate of return but with low volatility. There are 8 GBP funds and 8 USD funds; some are focused on investing in the UK, some in the US and some globally, so you can choose the region and currency to suit your investment objectives. There is no bid/offer spread on switches and premium payments. Our Multi-Asset (MAP) Fund Guide provides more details on the portfolio series.


External funds

Introduced to Protected Lifestyle in December 2014, this range offers 50+ direct funds (100+ when you factor in alternative currency variants) in EUR, GBP and USD. They have been selected from, and are managed by, established fund groups outside of RL360. The range allows clients to diversify their policy holding further through wider access to different sectors and geographical regions. With this comes riskier and more volatile funds, but also the potential for greater growth. There is a 2.5% bid/offer spread applied on switches and new premium payments. Our Protection Fund Guide provides details for all the options available, including objectives and charges.


Your clients have the flexibility to invest in any combination of the external funds and the new internal portfolios and across any of the currencies offered. And as the external and internal funds are daily traded and priced, this gives them the added freedom to move between funds at any time instead of being locked into a three month dealing cycle.

Important Information

On 21 September 2018, the remaining GBP and USD RL360 Capital Protected Funds formally closed and policyholders were transferred into an alternative internal fund.

To view September's final closing prices and performance for the Capital Protected Fund range please click here.

To view our notification about the closures please click here.