16 ORACLE COMPANY AND INDIVIDUAL TRUSTEE APPLICATION FORM – LIFE ASSURANCE
I conﬁrm that I have read a copy of the plan literature including the Product Guide, Key Information Document and Terms
I conﬁrm that all of the information provided in this application, along with any supporting forms, questionnaires, statements,
reports or other information is true and complete.
I conﬁrm that to the best of my knowledge and belief, I am not subject to any legislation that would make investment into this
I have appointed
to act as my ﬁnancial adviser.
I agree to RL360 Insurance Company Limited (RL360), disclosing all information relating to the plan to my appointed ﬁnancial
adviser. I will let RL360 know in writing if I decide to change my appointed ﬁnancial adviser.
I understand that my Illustration is not guaranteed by RL360 or my adviser, and only oers an indication of what I might get
back under a limited number of scenarios. I accept that RL360 is not responsible for monitoring whether my plan's performance
matches the assumptions made in my Illustration.
Key Information Document (KID)
I conﬁrm that I have included a signed KID with this application.
I understand that the KID sets out the details of my plan, and by signing it I acknowledge that I am aware of the charges that will
I am also aware that the details that I have provided in Section 05 – Plan Requirements must match my signed KID. If they are
dierent RL360 will ask me to sign a new KID matching Section 05 – Plan Requirements before it can allow my plan to start.
I am aware that RL360 does not provide investment advice. RL360 is not responsible for managing funds and does not
determine whether or not funds are suitable for me. I understand that should the plan oer access to a range of funds, these will
be managed by external companies. I accept that ultimate responsibility for fund selection lies with me and/or my appointed
adviser; if funds underperform and as a consequence my plan drops in value, I accept this is not the fault of RL360.
I request that RL360 allocates the payment to the funds selected as part of this application. In order for RL360 to do this, I
conﬁrm the following:
a) I agree to RL360 acting on instructions received from me or the appointed investment adviser, and I will read the
documentation issued by the fund manager for each fund prior to selecting it for the plan.
b) I am aware that some funds may have terms and conditions that could:
i) restrict RL360 from realising a cash value when requested and prevent RL360 paying out beneﬁts from the plan in a
ii) result in RL360 receiving the cash value from a sale in multiple instalments. If this should happen RL360 has the right not
to re-invest or pay in full the beneﬁts from the plan until the amount has been received in full.
iii) result in RL360 receiving a payment from a sale by a means other than cash. If this should happen RL360 may require us
to cancel some or all of the plan.
iv) result in RL360 having to pay back some or all of the sale proceeds if an adjustment has to be made after the payment. If
RL360 is required to make such a repayment and the plan value is too low to cover it, or I have cancelled the plan, I agree
to compensate RL360 for any loss that it has suered as a result.
c) I accept that RL360 has the right to sell funds linked to the plan without requiring my permission. RL360 may do this if it
decides that a fund may have harmful legal or tax consequences under law.
d) I am aware that there may be fees to pay when RL360 sells one or more of the funds linked to the plan. Any fees due when
selling a fund should be detailed by the fund manager in the fund documentation.
e) I conﬁrm that I am aware of the fees that must be paid in relation to the chosen funds. I realise that these fees are required to
cover the costs of promoting and distributing the funds, including any commission paid to my appointed adviser(s).