Paragon

Brochure

300 extremely reasonable premium payments, direct access to over 100 hand-picked funds and 3 childrenseen through college could make for2 happily retired individuals in a small boat in the Aegean.

1Contents

03 The 360 advantage

04 Paragon

05 Investing in the Isle of Man

06 Flexibility and choice

08 Investing for a secure future

12 Reaping the rewards

16 Excelling in service

17 Building your Paragon policy

18 Taking the next step

19 Important information

To ensure that you have all the information you need to make a decision, this Brochure should be read in conjunction with the Key Features and Investment Guide.

The Terms and Conditions and further information are available upon request from your nancial adviser.

3The 360 advantage

360 perfectly describes our global business model and vision to provide superior investment, protection and tax-planning solutions. Headquartered on the Isle of Man, we are a genuine worldwide business helping clients in the Far East, Africa, the Middle East and the UK. Were 200 people strong, and we currently look after some 2.2 billion in assets for our clients*.

Isle of Man location

Our off shore base on the Isle of Man, one of the worlds leading off shore nancial jurisdictions, brings our international clients much greater scope for tax effi ciency. This is combined with an outstanding reputation for investor protection and supervision, resulting in an AA+ risk rating from Standard & Poors (as at November 2012) and an AAA rating from Moodys (as at November 2010).

Matching vision with precision

While we take a global approach to providing well-rounded nancial solutions, weve also earned a reputation for creating highly exible, bespoke plans with some very ne and distinctive points. We like to think our people are rather ne and distinctive too; taking personal responsibility for delivering all-encompassing premium administration and support.

All of which helps explain why we dont aim for just a degree of outperformance, but for 360 degrees of excellence.

* Source: RL360, as at 30 September 2013.

4Paragon

Success and excellence are ultimately what we are all striving for. Whether thats in relation to our careers, families or life in general, we all want the very best out of life that we possibly can.

At RL360, we believe that when it comes to nancial ar-rangements, you should not be looking for anything less.

That is why Paragon from RL360 has been devised to be as ambitious and enterprising as you are.

An investment vehicle that aims to help you grow your wealth, Paragon provides dynamic and exciting opportunities for investment.

Paragon is a regular premium investment policy that allows you to invest your money for the future. It does not matter whether you are looking to invest for future education fees, your retirement, or if you just want to build up a lump sum for the future the important thing is Paragon aims to help you reach your personal nancial goals.

Your money, your policy

With that in mind, we have designed Paragon to be as exible as possible, giving you the ability to structure a policy that can grow and evolve, as your investment needs change.

With Paragon, we have brought together all the best elements of an investment policy, from maximum product exibility, to an extensive fund range and rst class servicing.

Flexibility and choice

Flexible options mean that if your circumstances change in the future and you need to increase or decrease your premiums, change your payment frequency, invest a lump sum or even take a premium holiday, with Paragon you can. It is all about building a policy that suits you and your circumstances, and providing the exibility to alter that policy as you need to, subject to the policy rules.

World class funds

In order to achieve the investment strategy that best suits your needs, we have brought together a range of quality funds covering a wide selection of asset classes and sectors from some of the most well-regarded fund management groups in the industry.

Over time your risk pro le may alter or your circumstances may change, but its comforting to remember that you will have the freedom to adapt your fund choices accordingly.

You should be aware, however, that the value of your investment can fall as well as rise and is not guaranteed.

Service excellence

At RL360 we pride ourselves on off ering excellent customer service; it is quite simply the lifeblood of our business. Whether it is online, in writing or on the phone, we do everything we can to ensure we deliver a consistent and dependable service. It matters that your experience of dealing with us is easy, enjoyable and professional at all times.

5Investing in the Isle of Man

RL360 is based in the Isle of Man, a location rmly established as one of the worlds leading nancial off shore centres. The Isle of Man is a British Crown dependency which has enjoyed the stability of its own Government for over 1,000 years, having one of the oldest established parliaments anywhere in the world.

Over the last 25 years the Isle of Man has developed into one of the largest off shore insurance and investment centres in the world, renowned as a leading base for international life assurance business due to extensive nancial regulation.

Our regulation in the Isle of Man ensures professional and sound management which guarantees that the interests of investors are protected.

It is from here that we have built a strong reputation for providing quality service and products in the international and expatriate markets.

Policyholder protection

Owners of policies issued by RL360 Insurance Company Limited receive the protection of the Isle of Man Compensation of Policyholders protection scheme, which covers an amount equal to 90% (subject to the provisions of the scheme) of RL360s liability where it is unable to meet its nancial obligations. RL360 reserve the right to adjust the returns to cater for any levy or charge made on it under the regulations or similar legislation.

6Flexibility and choice

To ensure that any investment you make suits your future nancial and lifestyle needs, exibility and choice should be key elements for consideration. After all, you know what suits you best, so weve made sure that Paragon can accommodate many of the changes you might need to make to your policy as the years go by.

For example you might start your Paragon policy putting money aside for a rainy day, but as life progresses, planning for future education expenses or funding your retirement may take priority.

Paragon from RL360 provides the ideal investment policy and its built-in exibility will ensure that your policy can change with you to take account of your nancial situation and lifestyle changes.

Premium exibility

There are various ways in which you can structure your Paragon policy, from currency choice to premium frequency and payment options.

Currency - Premiums can be accepted in the following currencies:

Sterling (GBP)

Euro (EUR)

United States dollars (USD)

Premium frequency You can make 2 types of payment to your policy regular premiums and single premium injections. Regular premiums can be made monthly, quarterly, half yearly or yearly and the minimum premiums are as follows:

Additional single premium injections of at least GBP1,500/EUR2,250/USD3,000 can be made at any time, and there is no maximum. So if you receive a windfall in the future such as a bonus from work or other investment proceeds, you can easily top up your Paragon policy.

Payment options Monthly and quarterly investors can choose to pay their premiums by credit card, standing order or direct debit (UK and Channel Island bank accounts only). For those investors who prefer to contribute on a half yearly or yearly basis, premiums can be paid by credit card, standing order, direct debit, telegraphic transfer, bankers draft or cheque.

Regular premiums

Policy currency Monthly Quarterly Half yearly Yearly

GBP 100 300 600 1,000

EUR 150 450 900 1,500

USD 200 600 1,200 2,000

7Flexibility and choice continued

Taking a break

To make Paragon as exible as possible, we have also allowed for you to take premium holidays. As long as you ful l the necessary criteria, further details of which can be found in the Key Features, you can enjoy up to 2 years break from paying your premiums, with no additional charges incurred, although standard charges will continue to apply. Perfect if life throws a few unexpected hurdles in your way.

Access to your money

Paragon also lets you take withdrawals to use as you wish, as and when you need them. As long as your policy has been running for 5 years, withdrawals can be taken monthly, quarterly, termly (i.e. on a 4 monthly basis), half yearly, yearly or on an ad hoc basis. So, whether you need to fund regular school term fees, supplement your income in retirement, or you need access to a lump sum, Paragon can provide you with the access you need.

The minimum withdrawal amount that can be taken is USD500 or currency equivalent. The total of all regular withdrawals in any policy year are limited to a maximum of 15% of the surrender value at the start of the policy year.

You should be aware that, if you make regular withdrawals which exceed the growth in your policy, the value of your investment will be eroded.

Is Paragon right for me?

Paragon is open to individuals, companies and trustees and the minimum age for individual investors is 18 years of age. The policy is available on a single or joint life last death basis, with a maximum of 2 lives assured and for individual investors there can be a maximum of 2 policyholders.

Premiums should be paid for a minimum of 5 years and you can choose to contribute to the policy for as long as you wish, up to a maximum age of 70.

Childrens Plans

If you are interested in investing on behalf of a child or grandchild, we also off er Childrens Plans, an ideal way to easily invest for a childs future.

Indeed, what better gift to give a child than the gift of nancial freedom. Whether the policy is used to provide an education, a deposit on a house, or to set up a business, Childrens Plans off er an excellent vehicle to provide for future generations, whilst providing possible valuable tax bene ts for the investor.

You should be aware however, that tax legislation varies from country to country therefore advice should also be sought from a nancial adviser prior to investment.

8Investing for a secure future

At RL360, we believe that choosing the right investment strategy is an exciting and important part of helping you to achieve your future nancial goals.

Paragon can help you reach your future goals by providing access to a comprehensive menu of fundsfrom a range of well renowned fund managers.

Off ering a broad choice of investment styles, asset classes, risk pro les, currency denominations and geographical sectors, the funds all have a common aim to help you build your wealth.

Your policy, your funds

Within Paragon we off er a quality choice of individual funds that you and your nancial adviser can use to build a portfolio to match your personal needs and aspirations.

Whether you are interested in investing in more traditional asset classes such as equities or bonds, or prefer to diversify into specialist sectors such as emerging markets and alternative funds, we believe Paragon off ers the funds that suit your needs, both now and in the future.

Leaving it to the experts

If you are not sure about where you should be investing your money, do not have the time to continually monitor investment markets or would prefer to leave it to the experts, the fund options include a range of managed funds.

If you want to control the risk to your investment through your choice of funds or are looking for expertise in global diversi cation, managed funds could provide the answer. Run by professional fund managers, they off er a wide choice of options, from the more traditionally managed fund investing in all the major asset classes to more focused managed equity funds.

For more details, and to nd a fund that ts your needs, please refer to our Investment Guide.

So, the choice is yours whether you want the freedom to make your own portfolio decisions with your nancial adviser, or you would rather bring in some additional expertise, with Paragon you can.

9Risk and return

An important step towards creating a successful investment portfolio is ensuring the funds you select meet your investment risk pro le, in other words ensuring you are comfortable with the amount of risk your investment could be subject to.

You may be prepared to accept a higher degree of risk in your policy to achieve potentially higher returns, or you may prefer a more cautious approach where your exposure to risk is reduced, but with the possibility of lowering your returns.

Whatever your views, we believe Paragon has a solution that is right for you.

From the lower risk money market funds to balanced managed and higher risk specialist equity funds, we believe that the Paragon fund range off ers access to the main asset classes and specialist sectors from which to help you meet your investment objectives.

Flexibility

Remember, once you have made your decision, you are not tied to it. As markets change and your nancial objectives evolve over the years, you can switch between funds (currently free of charge) and redirect future premiums into new funds whenever you want.

For further information about Paragon and for more details on the fund managers and their funds, please refer to the Investment Guide.

Investing for a secure future continued

12

Reaping the rewards

We all know that its important to make provision for the future and thats why well do all we can to help you make that regular, nancial commitment to a secure future.

To help you take that rst step towards planning for your future, as well as off ering exible premium options and a comprehensive range of investment choices, at RL360 we give you an incentive to invest.

Premium allocation

Depending on how much you decide to invest, the percentage of the premium that is invested in your policy can increase from 100% to as much as 107%.

Please note that the above table applies to regular premiums only.

A thank you from us to you

What is more, to say thank you for investing with us and to reward you for making that commitment to your future, Paragon off ers a loyalty bonus to all its investors.

As long as all the premiums have been paid, RL360 will pay a loyalty bonus of 1% per year of the accumulated fund value. The starting policy anniversary from which the loyalty bonus will be paid is dependent upon the premium term (please see examples on following page). Additional bonuses will also be paid on further policy anniversaries, which are again dependent on the premium term.

Please note that the loyalty bonus will be paid onregular contributions only, and does not apply to single premium injections.

For further details, please refer to page 5 of the Key Features How is the loyalty bonus calculated?

Annualised premium GBP

EUR equivalent

USD equivalent

Premium percentage

1,000 to 1,4991,500 to

2,2492,000 to

2,999100%

1,500 to 1,7992,250 to

2,6993,000 to

3,599101%

1,800 to 2,3992,700 to

3,5993,600 to

4,799103%

2,400 to 3,599

3,600 to5,399

4,800 to7,199

105%

3,600 and above

5,400 and above

7,200 and above

107%

14

How does it work?

Let us take a look at a couple of examples.

Example 1

This example is based on a Paragon policy with a 10-year premium term, in which USD500 per month is invested. As long as all the premiums have been paid, on the third policy anniversary bonus units of 1% will be added, increasing the value of the fund.

The policy will continue to receive further regular bonuses of 1% each and every year and, in addition, at the end of the 5th and 10th policy years, further bonus units totalling 7% of the fund value will also be paid. If we look at the graph we can see that the bonuses paid could add over USD9,000 over 15% of the total premiums paid over the term.

Example 1 10 year policy

Regular bonuses Additional bonuses

Lo

yalt

y b

on

us

(US

D)

End of policy year

Reaping the rewards continued

The above graph assumes a growth rate of 5.0% and is net of the contract charge and any external fund management charges that apply. The gures are for illustration purposes only and are not guaranteed. You might get back more or less than this. The situation is designed solely to provide an example of the potential growth of a Paragon policy assuming USD500 per month is invested over a 10 year period. Specialist advice should be taken before any investment is made or tax strategy implemented. Please note that the loyalty bonus will be paid on regular contributions only, and does not apply to single premium injections. The percentage of the loyalty bonus may be varied in the future at the discretion of RL360. For further details on the loyalty bonus, please refer to the Key Features.

15

Lo

yalt

y b

on

us

(US

D)

End of policy year

Reaping the rewards continued

Example 2

This time, let us look at a Paragon policy with a 20-year premium term, in which USD200 per month is invested. As long as all the premiums have been paid, on the sixth policy anniversary, bonus units of 1% will be added, increasing the value of the fund.

The policy will continue to receive further regular bonuses of 1% each and every year and, in addition, at the end of the 10th and 15th policy years, further bonus units totalling 7% of the fund value will also be paid. If we look at the graph we can see that the bonuses paid could add over USD9,900 over 20% of the total premiums paid over the term.

Regular bonuses Additional bonuses

The above graph assumes a growth rate of 5.0% per annum and is net of the contract charge and any external fund management charges that apply. The gures are for illustration purposes only and are not guaranteed. You might get back more or less than this. The situation is designed solely to provide an example of the potential growth of a Paragon policy assuming USD200 per month is invested over a 20 year period. Specialist advice should be taken before any investment is made or tax strategy implemented. Please note that the loyalty bonus will be paid on regular contributions only, and does not apply to single premium injections. The percentage of the loyalty bonus may be varied in the future at the discretion of RL360. For further details on the loyalty bonus, please refer to the Key Features.

Example 2 20 year policy

16

Excelling in service

We realise excellent customer service is a vital component when it comes to ensuring your policy runs smoothly. Thats why we place service at the centre of everything we do.

Our technology

We are at our best when we are online. That is why Paragon off ers the technology to make the administration of your policy as simple as it can be. We also back this up with quality personal, technical and administrative support.

For example, once you have registered to access our secure Online Service Centre, you will be able to download your policy valuations in just a couple of clicks.

By using our online servicing capabilities, both you and your nancial adviser can bene t from a fast and effi cient service from RL360.

Our people

At RL360 we will always strive to deliver a consistent and dependable service for our customers.

So, if you or your nancial adviser want to speak to someone about your policy, either through our main offi ce in the Isle of Man, or to a local contact in one of our regional offi ces, we will do our best to ensure that any queries are answered quickly and effi ciently.

17

Building your Paragon policy

With Paragon, weve brought together all the elements you need to create your tailored investment policy forthe future.

If you are looking for an investment policy that aims at nothing less than growing your wealth, in the way that suits you best, then we believe that Paragon is the perfect match for your ambition.

In Paragon, we have created a product that combines exibility, a diverse range of funds and excellent servicing and administration.

Paragon has been built to be as ambitious and enterprising as you are, and it has been brought to the market place by a strong and reliable company that you can entrust with your wealth and with your future.

All you have to do now is bring the pieces together, in the way that you want and look forward to an exciting and dynamic future.

18

Taking the next step

If you have read the Brochure, Investment Guide and Key Features, you are ready to take control of your nancial future. The next phase is to follow our simple 4 step guide on how to take out Paragon.

Step 1

Your nancial adviser can request a Personal Illustration to accompany the Key Features.

Step 2

Complete the Application Form, following any instructions noted. If you are paying by direct debit, standing order or credit card, please ensure the relevant payment instruction form is completed and returned with the Application Form. For half-yearly and yearly investors, if you are paying by cheque, you should make the cheque payable to RL360 Insurance Company Limited and enclose it with your Application Form. If you are investing by telegraphic transfer, you should ensure that you complete the relevant section in the Application Form.

Step 3

After reviewing the Investment Guide, and with the help of your nancial adviser, select the funds for your initial investment choice. Remember you can switch funds whenever you want, and also redirect any future premiums to diff erent funds to re ect your changing needs, in conjunction with your nancial adviser.

Step 4

Ask your nancial adviser to send the completed Application Form, Personal Illustration and payment to:

RL360RL360 HouseCooil RoadDouglasIsle of ManIM2 2SPBritish Isles

Alternatively, you can send it to your nearest regional offi ce, further details of which can be found on the back page of this Brochure.

After that

Once all information required has been received and your policy has been issued, we will send you a Policy Schedule and a copy of the Terms and Conditions to welcome you as a RL360 customer.

On each policy anniversary thereafter well send you a summary statement via your nancial adviser, detailing the status of your policy. In addition, you and your nancial adviser can get immediate up to date information on your policy at any time at www.rl360.com, our safe and secure online service for clients and advisers.

19

Important information

This Brochure should be read in conjunction with the Key Features and Investment Guide before completing the Application Form.

Taxation

You bene t from the tax effi ciency of an Isle of Man based life assurance policy. Under Isle of Man law, there is no liability to tax on the income or capital gains of the various funds. So, apart from any withholding tax that may be deducted at source on income arising from investments held in some countries which cannot be reclaimed by us, your investment grows without any further deductions of Isle of Man tax. Please remember, that as a policyholder, you will be responsible for any tax liability that may arise as a result of your country of residence or citizenship.

For information relating to your own tax circumstances you should consult your nancial adviser. The value of tax bene ts depends on individual circumstances and can change in the future.

Law

The information contained in this Brochure is based on our current understanding as at January 2013 of the relevant areas of law and taxation. Whilst great carehas been taken to ensure the information is correct,we cannot accept responsibility for its interpretationor give legal advice.

Paragon is governed by Isle of Man law. This document gives a brief guide to the policy. Full details are contained in the policy Terms and Conditions and the Policy Schedule (including any Endorsements) which, together with the Application Form and Key Features, will form the legally binding contract between you and RL360 Insurance Company Limited.

Complaints

If you wish to complain about any aspect of your policy please consult your nancial adviser or write to our Head of Customer Services at our head offi ce address.

Complaints about our products or service will be dealt with in accordance with the Complaints Handling Policy, a copy of which is available on request.

If a complaint regarding the administration of the policy is not dealt with to your satisfaction you can refer it to the Financial Services Ombudsman Scheme for the Isle of Man, Isle of Man Offi ce of Fair Trading, Government Buildings, Lord Street, Douglas, Isle of Man, IM1 1LE. Telephone +44 (0)1624 686500.

General information

The value of your investments may fall as well as rise. If you surrender your policy, particularly during the early years, you may get back less than the premiums paid. Paragon is a regular premium life assurance savings policy. You may not get back the full value of your investment.

For further information on Paragon, please consult your nancial adviser.

PAR001f 12/13

New Business

RL360 House, Cooil Road, Douglas,Isle of Man, IM2 2SP, British Isles.Tel: +44 (0)1624 681 578 Fax: +44 (0)1624 690 578 Email: newbusiness@rl360.com

Servicing

RL360 House, Cooil Road, Douglas,Isle of Man, IM2 2SP, British Isles.Tel: +44 (0)1624 681 682 Fax +44 (0)1624 677 336Email: csc@rl360.com

Issued by RL360 Insurance Company Limited. Registered Offi ce: RL360House, Cooil Road, Douglas, Isle of Man, IM2 2SP, British Isles. Telephone:+44 (0)1624 681681. Telephone calls may be recorded. Fax: +44 (0)1624677336 or Website: www.rl360.com. RL360 Insurance Company Limitedis authorised by the Isle of Man Government Insurance and PensionsAuthority. Registered in the Isle of Man number 053002C. A member ofthe Association of International Life Offi ces.

Representative Offi ce Dubai

Offi ce 1402, 14th Floor, Single Business Tower,Sheikh Zayed Road, Dubai, UAE.Tel: +971 4378 2700Email: dubai@rl360.com

Regional Offi ce Hong Kong

Suite 3605, The Center,99 Queens Road Central, Hong Kong.Tel: +852 3929 4333 Fax: +852 2169 0181Email: hongkong@rl360.com

Website

www.rl360.com