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The Isle of Man

Peace of mind is provided to investors by the Isle of Man Life Assurance (Compensation of Policyholders) Regulations 1991 which provides a high level of protection for those holding policies issued by Isle of Man based life assurance companies. Brief details of the Scheme are as follows:
  1. All Isle of Man authorized life assurance companies are covered. Membership is a pre-requisite of authorization in the Isle of Man.
  2. All policyholders owing policies issued by Isle of Man authorized life assurance companies are protected-worldwide.
  3. The scheme would become operative should an Isle of Man life assurance company become unable to meet its liabilities to policyholders.
  4. Policyholders are covered up to 90% of the Life Company's liability.
  5. There is no upper limit to the amount of compensation available.
  6. In the event of the failure of a life company compensation would be provided by a levy on the remaining companies.


Companies operating in the Isle of Man are authorized under the Isle of Man Insurance Act which, together with the Island's financial supervision legislation, ensures the protection of policyholders' interest the quality of management and professional expertise.

The Island has been at the forefront of developing protective legislation for investors, including the only statutory offshore compensation scheme for policyholders. The Life Assurance (Compensation of Policyholders) Regulations 1991 protect investors with Isle of Man-based insurance companies to levels at least equal to that available in other financial jurisdictions worldwide. This scheme, with no upper compensation payment limit, protects investors in the event of an Isle of Man insurance company becoming insolvent and being unable to satisfy ifs claims. The scheme pays to policyholders a sum of up to 90% of the liability of the insurer.

The Isle of Man is now recognized as one of the leading international financial centers in the world.

Tax Freedom

The Island enacts its own legislation, direct taxation and fiscal policies, independent of the UK.

Under Isle of Man law, there is no tax liability on income and capital gains arising from the investments of exempt insurance companies. So, apart from any withholding tax deducted at source on income from assets held in some countries, investments grow tax-free.


The investor receives the protection of the ISLE OF Man Life Assurance (Compensation of Policyholders) Regulations 1991. This ensures that if a company is unable to meet its liabilities to them, the policyholder will receive up to 90% of the value of their policy, with no limit on the value of the compensation.


Client confidentiality is protected by the Isle of Man Insurance Act 1986, which makes it an offence to disclose policyholder information without the policyholder consent, unless a court order from the ISLE OF Man is obtained. Companies on the Island fully subscribe to anti-money laundering laws and directives.


High quality digital and satellite communication technology ensures easy contact not only with the UK but the rest of the world.


The Isle of Man enjoys exceptional political and economic stability, with a history of over 1,000 years of continuous parliamentary government. The Tynwald is the longest unbroken democratic parliament in the world.

This is meant only as a brief guide to the protection provided by the regulations. Full details are available on request. Contact Us. 
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