Quantum is a flexible regular savings policy offered by protection, tax planning, and investment solutions specialist RL360°. It could be an appropriate product for you if you’re looking to save to cover future expenses or if you’re keen to supplement your income when you reach retirement age. However, as with all savings and investments, it’s crucial that you understand the policy before you make any decisions. With this in mind, here is a brief introduction to the product.
Benefits
Quantum allows you to build up potentially significant sums of money that can be utilized in a range of ways in future years. For example, it enables you to accrue money that can be used to cover education costs. From school entrance and tuition fees to boarding costs and university accommodation bills, you may find you meet a whole range of education-related expenses further down the line. You can also save money to boost your income in retirement. Unlike a pension though, Quantum allows you to make withdrawals at any time once you have passed the initial allocation period. Also, with this product, you are not obliged to purchase an annuity once you come to the end of your premium term.
Of course, you don’t need a specific reason to want to save for the future. You might simply wish to build up a financial cushion to give you greater peace of mind. Quantum can offer you a structured way to accrue wealth over time.
Seek advice
If you think you could benefit from this product, your first step should be to have a discussion with a financial adviser. These specialists will help ensure you know all the facts and they can advise you on how to tailor your policy so that it meets your precise requirements and suits your approach to risk. Bear in mind that RL360° only accepts business introduced through financial advisers, so this isn’t a step you can skip.
Policy options
There is a range of policy options available. For example, you can set a policy up in one of seven currencies, including the pound sterling, the United States dollar, the euro, the Australian dollar, the Japanese yen, and the Swiss franc.
There are more than 150 funds available and there is no charge for changing funds using RL360°’s online service. Meanwhile, it’s possible to start saving with just USD 320 per month, and there is always the option of increasing this amount later. In addition, you can withdraw funds if you need to and it is possible to pay in lump sums.
More information
RL360° continues to update its Quantum product to ensure it meets the needs of customers. You can get more information about this product and check out RL360° Quantum reviews online. If you think this product may suit your requirements, take a look at the RL360° website for further details.