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Changes To My Policy

POLICY MAINTENANCE

By logging-in online, you can do the following:

  • Obtain a valuation of your Policy
  • Update your correspondence address
  • Change your designated beneficiary
  • Provide Nordben with your up-to-date tax information which we need to make payments and for tax reporting
  • Prepare and print the relevant form to receive a payment from your Policy

INVESTMENT AND BONUS INFORMATION

The Understanding My Policy section of the Nordben website provides key investment and bonus information. 

TAX

We cannot provide you with information on any tax issues as this is specific to your personal circumstances and the jurisdiction in which you are tax resident.  Please consider professional (tax) advice however the following generic guidance may prove helpful.

  • The Triple C Plan and Flex Plan Policyholders' Funds pay no Guernsey Tax and no Guernsey Tax is deducted from benefit payments.
  • However Nordben has tax reporting responsibilities under FATCA and CRS and further information is available by clicking here.
  • You should establish the tax implications in the country in which you are tax resident.
  • You should understand the tax implications when the benefits from the Policy are received.
  • Guernsey has established agreements with a number of countries for the avoidance of double taxation on individuals. To view details of the agreements and the countries to which these apply please visit the States of Guernsey website.

 

Should you have any additional questions, please contact us.