Utmost International Professional Portfolio Plan Review

Adam Fayed
5 min readApr 29, 2024

Utmost International is an international insurance company which offers various investment plans and that will be the subject of our review. This article was originally posted on adamfayed.com

With a huge advisor network, they have clients all around the world.

Today, we’ll assess if Utmost International Professional Portfolio Plan is a good investment, and what you can do if you aren’t happy with the investment.

This offering was previously known as Generali Worldwide Professional Portfolio Plan, prior to Utmost’s roughly 409 million euro takeover of Generali in 2019 and its subsequent name change into the Utmost brand.

If you want to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me (advice@adamfayed.com) or use WhatsApp (+44–7393–450–837).

This includes if you have a policy and aren’t happy

A Brief Intro to Utmost International

Utmost International is a company that offers life insurance and investment solutions through its business arm called Utmost Wealth Solutions. The firm provides various types of investment vehicles, such as investment bonds, savings plans, and unit-linked policies, specifically targeting high-net-worth individuals.

Unit-linked policies, also known as unit-linked insurance plans, are insurance products that combine insurance coverage with investment options. A unit-linked policy splits the policyholder’s premium in two, with one portion going toward paying for insurance and the other into a pool of funds that may be invested in anything from equity funds and bonds to money market funds.

The percentage that is invested in the funds is used to acquire units in the funds that are selected. The value of such units is subject to change depending on how well the fund’s underlying assets have performed.

What is Utmost International Professional Portfolio Plan?

The Professional Portfolio Plan offered by Utmost International is an investment-linked product that is appropriate for investors who are looking to make a mid- to long-term commitment. Minimum contributions to the plan are 150,000 US dollars and may be made in the form of a single lump amount or a mix of investment assets. Plan payouts are contingent on the success of an individual’s choice of investments within a broad market of vehicles.

The Professional Portfolio Plan comes in two types: the Whole of Life Plan and the Capital Redemption Plan. The Whole of Life Plan is intended to function as a kind of life insurance and, in the event that the policyholder passes away, the plan will pay out the death benefit. On the other hand, the Capital Redemption Plan has a set duration of 99 years, and a maturity benefit is distributed at the end of that tenure.

According to Utmost International, their Professional Portfolio Plan allows you to invest cash or transfer numerous existing investments into the plan. You can add from a diverse selection of underlying investments to complement your portfolio as well.

You must talk to a financial advisor about the product and its costs. You will get important documents on the plan’s operation and terms and conditions when you enroll. You need to give these materials a cautious look before putting them away somewhere secure. Sign up for the Online Service Center after choosing a package. This gives you round-the-clock access to all of the details on your plan, including how well it’s doing plus the overall worth of your assets.

Utmost International Professional Portfolio Plan Investments, Charges, and Tax Considerations

After submitting your application for the plan, you will be able to see the specifics of the contract instantly via the firm’s Online Service Center. Planholder protection is also offered through Guernsey’s policyholder protection rule, providing additional peace of mind for those invested in the scheme.

The Professional Portfolio Plan also allows planholders to make regular withdrawals, offering flexibility in managing their investments.

It is crucial to keep in mind that certain costs, such as early discontinuation charges, may apply on partial and/or complete surrender. Although Utmost Wealth Solutions does not place any set investment or notice periods on the policy, the said charges (and others) may apply.

In addition, there is the possibility that the benefits you are entitled to receive might be delayed should extraordinary circumstances arise.

As per Utmost International, since Professional Portfolio gives investors access to a wide variety of underlying assets, it has the potential to be categorized as a Personal Portfolio Bond under UK law. This may affect your tax obligations if you decide to make the nation your permanent home.

The tax implications that apply to your Professional Portfolio Plan will rely on a broad range of variables, such as your individual circumstances as well as the tax rules that apply in the country in which you now live or will reside in the years to come.

What are the benefits and risks of the Professional Portfolio Plan?

Well, the good thing about this offering is that it is backed by a firm that has solid background and is aggressively expanding. The Utmost International Professional Portfolio Plan could be a fair investment strategy too, if navigated correctly.

Nevertheless, the risk includes the possibility of hidden commissions. Investment-linked products like this one may have hidden fees or commission charges that are not immediately obvious to the investor. Hence, you’ll probably get less return on your investment than what you were expecting.

Besides, there’s limited flexibility in terms of the investment options available or the ability to make changes to the investment portfolio. This could be a problem if you want to change your investment strategy over time or if you have specific investment goals that are not supported by the product.

The Utmost International Professional Portfolio Plan may not be as clear and understandable as some other similar options, and it can also be costly.

If you really want this, we recommend that you only start this plan after talking to a financial planner who is properly regulated, and choose a version that has clear and transparent pricing without any commission for the agent. It’s important to ensure that there are no setup costs and that you won’t be fined if you decide to discontinue utilizing the plan at a later time.