Special Bonus

You are eligible for the first special bonus if:

• your with-profits policy is invested in the CGNU Life or CULAC with-profits funds (excluding stakeholder pensions and Provident Mutual policies) and
• your with-profits policy was invested in these funds on 1 January 2008 (policies commencing on or after 1 January 2008 are not eligible)

You are eligible for the second and third special bonuses if:

• you are eligible for the first special bonus, and;
• your with-profits policy is still invested in the CGNU Life or CULAC With-Profits Funds (excluding stakeholder pensions and Provident Mutual policies) on the following qualifying dates:
  • 2nd special bonus qualification date - 1 January 2009
  • 3rd special bonus qualification date - 1 January 2010

You are not eligible for special bonuses if:

• you invested in these with-profits funds on or after 1 January 2008
• you have a Provident Mutual policy
• you're invested in any of our other with-profits funds, including NULAP and Provident Mutual
• your policy ended before 1 January 2008 for any reason (for example, cancellation, maturity or death claim)
• you switched your investment out of the with-profits funds before 1 January 2008
• your policy is a stakeholder pension
• you're invested in a fund that isn't with-profits (for example, The Norwich Union Property Fund)
• your policy is a term assurance or critical illness policy
• your policy is a general insurance policy, like a car insurance, home insurance or pet insurance policy

Remember - If your policy is eligible, we will have written to you in March or April 2008 to let you know, and to provide more details about the special bonuses.

Why aren't you paying special bonuses to every policyholder?

The special bonus is paid from excess surplus money that has built up in two of our with-profits funds - the CGNU Life and CULAC with-profits funds. The principles and practices that govern the payment of special bonuses state that only policyholders invested in these funds are entitled to receive the special bonus payment.