Financial Solutions for Police families
At Police Friendly, we offer tailored financial products designed specifically for Police and their families. Our solutions ensure you have the support you need to secure your financial future.
Individual Savings Accounts (ISA)
Lump Sum ISA
Invest a lump sum for the medium to long term with tax-free growth, bonuses, and access after 12 months.
- Invest from £2,000 tax-free up to current ISA limit of £20,000
- Make additional payments from £2,000
- 100% protection from the Financial Services Compensation Scheme (no upper limit)
SPECIAL OFFER: Get 1% MORE added to your initial investment when you invest or transfer £10,000 or more by 30th June 2025.
Quote code SPRING25.
Terms and conditions apply.
- Hassle free investing for the medium to long term, managed by experts
- Fund designed to outperform cash returns
- Transfer your ISA’s to us – it’s easy!
- Take a look at our graphs to see how your ISAs can achieve growth through regular or lump sum payments.
- Find out more about our Lump Sum ISA through our Product Guide or Key Information Document (KID)
Monthly ISA
Build disciplined savings with monthly contributions straight from your pay.
- Save tax free from £30pm up to £20,000 each year
- Make additional payments from £100
- Adjust payments, take a payment holiday, opt in to automatically increase your regular payments each April
- Hassle free investing, managed by experts
- Transfer your ISA to us – it’s easy!
- Take a look at our graphs to see how your ISAs can achieve growth through regular or lump sum payments.
- Find out more about our Monthly ISA through our Product Guide or Key Information Document (KID)
Lifetime ISA
Save up to £4,000 yearly and get a 25% bonus towards your first home or retirement goal.
- Up to £1,000 free Government savings bonus every tax year till you reach 50 - £32,000 possible
- Open to those aged 18-39 looking to buy their 1st home and/or boost retirement pot from age 60
- Save from £30pm up to £4,000 tax free each year
- Buying a house with someone? You can both use a Lifetime ISA to buy your first home
- You can withdraw 12 months after your 1st payment to buy a house with a purchase price of up to £450k
- For non-qualifying withdrawals before age 60, a 25% Government charge applies, meaning you may get back less than you have paid in
- Take a look at our graphs to see how your ISAs can achieve growth through regular or lump sum payments.
- Find out more about our Lifetime ISA through our Product Guide or Key Information Document (KID)
Junior ISA
Save up to £9,000 a year tax-free for a child’s future. Anyone can contribute, and the money belongs to the child.
- Save tax free for a child under 18 from £30pm up to £9,000 each tax year
- Anyone can set up a direct debit into a Junior ISA or make additional payments from £100
- Transfer your child’s Junior ISA to us – its easy!
- Hassle free investing for children, managed by experts
- Adjust payments, take a payment holiday, opt in to automatically increase your regular payments each April
- Take a look at our graphs to see how your ISAs can achieve growth through regular or lump sum payments.
- Find out more about our Junior ISA through our Product Guide or Key Information Document (KID)
Boost your lump sum savings with an extra 1% (in addition to annual bonuses and a potential final bonus) when you invest or transfer £10,000 or more into a Lump Sum ISA or With-Profit Bond by 30th June 2025.
Terms and conditions apply.
Bonds
With-Profit Bond
Invest a single premium without fixed term to aim for steady growth, yearly bonuses, and a potential final bonus too.
- Invest from £2,000, with no upper limit
- 100% protection from the Financial Services Compensation Scheme (no cap)
- The longer you invest, the better chance of a healthier return
SPECIAL OFFER: Get 1% MORE added to your initial investment when you invest £10,000 or more by 30th June 2025.
Quote code SPRING25
Terms and conditions apply.
- Fund designed to outperform cash returns
- No additional liability for basic or non-taxpayers
- Find out more about our With Profit Bond through our Product Guide or Key Information Document (KID)
5-Year Fixed Rate Bond
Lock your savings away for five years at a guaranteed fixed rate, knowing exactly what maturity value you will receive.
- 22.25% return over 5 years guaranteed
- Invest between £10,000 and £250,000
- 5.125%* gross equivalent interest rate - annual interest of 4.1% (net of basic rate tax)
- No additional liability for basic or non-taxpayers
- Open with one, single payment – no additional contributions can be made
- Your money is locked away for five years
- Find out more about our 5 Year Fixed rate bond through - Important Information
* Gross interest figure based upon internal calculation for information only – please check your understanding with your own tax adviser.
Quote code SPRING25
Terms and conditions apply.
Fixed Term Saving Plans
5-Year Plan
Affordable monthly payments with a guaranteed return
- Save from £20 per month
- Simple fixed term savings plan
- Guaranteed ‘known’ payout at 5 years
- Rolling option automatically starts a new plan each anniversary. Giving you a payout year on year
- Find out more – Key Features
10-Year Plan
Enjoy a guaranteed lump sum with life cover included
- Additional individual tax-free savings* on top of an ISA allowance
- £25 per month is tax exempt*
- Pay up to £300 per month in a tax efficient way
- Includes life insurance worth up to £33,600
- No tax liability if policy is maintained for the full term
- Find out more - Key Information Document (KID) (Tax-Free) and Key Information Document (KID) (Tax-Efficient)
*The first £25 of your monthly premium can only be tax-exempt if you are not paying into a tax-exempt plan elsewhere. We do not pay tax on the income and capital gains, so we can pay higher bonuses
Children’s 10-Year Plan
Save regularly to help secure their financial future
- Available to under 18s
- Save £25 per month
- Tax-exempt savings on top of existing Junior ISA allowance
- Annual and final bonuses
- Find out more about our Children’s Ten Year Savings Plan - Key Information Document (KID)
Protection
Life Insurance
Protect your family with cover that pays a tax-free lump sum on death, supporting loved ones and meeting police duties.
- Cover from £5.90 pm (non-smoker aged 20)
- Critical Illness option (available up to age 60)
- Cover for on and off duty
- Can be used as family protection or cover for an interest only mortgage
- Find out more – Key Features
Mortgage Protection
Cover your mortgage balance so the loan can be cleared for family security if you die.
- Designed to repay your mortgage
- Cover for on and off duty from £4.04pm per £100k covered
- Lower cost as pay out decreases in line with mortgage balance
- Critical Illness option (available up to age 60)
- Find out more – Key Features
Income Protection
Receive up to 60% of salary if illness or injury stops work, keeping essential bills paid until full recovery.
- First 3 month’s are FREE
- Low cost cover from £14pm
- Provides an income if unable to work due to incapacity or medically retired on physical grounds
- Available to officers and staff in England and Wales
- Includes Critical Illness Cover and nurse support service
- Find out more – Key Features
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Critical Illness Cover
Get a lump sum payout if you're diagnosed with a serious illness. Cover lasts until age 40, as long as you stay in the Police Service.
- First 12 months’ premiums are completely FREE
- From less than £7 per month for non-smokers
- lump sum on diagnosis of a defined critical illness
- Medical retirement benefit included (for paid Police Officers and Staff only)
- Need information on a Critical Illness Cover Plan taken prior to 2023?
- Find out more – Key Features
Why Police Friendly?
Exclusive to the policing community
Designed for Police Officers, Police Staff, and their families.
Tax-efficient savings
From ISAs to fixed-term plans, grow your money without unnecessary fees.
Straightforward application
Our online process lets you apply in minutes, with friendly support just a phone call away.
Proven track record
Backed by years of experience, our heritage shows real commitment to the Police Family.
