CMI Passport Range Single Premium Products

The Passport Range gives the choice between protection, investment or both and is designed to meet the diverse financial and protection needs of individuals and companies around the world.

Although these plans are no longer open to new investors, we continue to manage this product for our existing customers. Your policy number will range from 3000001A to 3099999Z or 4000001A to 4099999Z.

Retirement Choice Account

The Retirement Choice Account is a fixed term, single premium plan. You can select from a range of investment funds and Guaranteed Growth Funds. Please see the list of available funds below for more information.

Wealthmaster Choice Account

The Wealthmaster Choice Account is a fixed term, single premium plan. If you would like to switch funds, you can select from a range of investment funds and Guaranteed Growth Funds. Please see the list of available funds below for more information.

Lifetime Choice Account

The Lifetime Choice Account is a whole of life, single premium plan. If you would like to switch funds, you can select from a range of investment funds and Guaranteed Growth Funds. Please see the list of available funds below for more information.

Benefits associated with your plan

You can control the tax point by choosing when to take the benefits, which can be useful if you become a lower rate tax payer or if you have moved to a different country with a lower tax rate.

If you are a UK tax payer, you can currently withdraw up to 5% of your original investment each year for up to 20 years, without triggering a chargeable event. Taking regular withdrawals can be a tax efficient way of using the plan to provide a form of income. This benefit is cumulative, so you can carry forward your 5% allowance if you don't use it each year. Please note that withdrawals to provide an income will be taxed as a return of capital.