Flex Plan: Charges

These are made, and paid, as a percentage of every premium. The percentage is determined by the frequency and size of premiums. Annual premiums are subject to a minimum charge - Danish Krone 1,600, Euro 240, Norwegian Krone 1,600, Sterling 160, Swedish Krona 1,600, US Dollar 280. Single premiums are subject to a minimum charge - Danish Krone 2,000, Euro 300, Norwegian Krone 2,000, Sterling 200, Swedish Krona 2,000, US Dollar 350.

Nordben also reserves the right to make a charge on the Flex Plan policyholder fund.  At present, Nordben has determined that, this charge will not exceed a half of one per cent per annum. Nordben reserves the right to increase the level of this charge.