The savings and investment plans are moving to a new generation

If you have a dream – you have the possibility to fulfill it… with the help of a savings policy

So what is your dream? A new apartment? A brand new car? A trip around the world? Financing academic studies for children? All of these can be accomplished through savings. And another important thing in this matter – the better the savings are managed, the faster your goals will be achieved.

When looking for well-managed savings – one of the most attractive options is a savings policy, also called an investment policy. We are happy to introduce you to the new and advanced generation of savings and investment plans that the insurance industry offers today.

Intriguing, right? So let us detail and explain how it will work for you:

Deposits of your choice – want to make a lump sum deposit at any time that suits you? Is it more suitable for you to deposit a fixed amount in a standing order once a month? And maybe you want to add lump sums to the plan from time to time? Everything works, everything is possible, and all without the need to open a new program.

Liquidity at every stage – this savings policy is liquid, and you can withdraw funds from it at any stage with four business days’ notice. You can make partial withdrawals or according to profits.

A variety of investment tracks – the savings policies are spread over a variety of investment tracks for you to choose. Each track carries a different investment period and a different nature of investment, and accordingly also provides a solution to the different needs of the investors. Want to combine several tracks? The choice is yours!

Postponing the payment of tax on profits – if you want to switch between the investment tracks, the move does not involve the payment of capital gains tax, since the tax will be collected at the time of the redemption of the money. This is an advantage that allows you to earn a return even on the money that has not yet been paid as income tax.

Withdrawing the money as a pension for life – the unique advantage of the savings policy, which stems from the fact that it is a product of the insurance company, is the possibility for you to choose to withdraw the plan as a pension that will be paid for life. The pension amount will be derived from the rights that will be registered in your favor when you enter the program.

There are tax benefits for retirees – you can be entitled to tax exemption on profits, up to the ceiling of the policy. For this purpose, an application for a tax refund must be submitted from the assessor, and a tax payment confirmation from the manufacturer must be attached to it.

The management fees are fixed and transparent and there are no associated fees – the management fees are actually the only cost that investors in savings policies are required to incur, and they are fixed and transparent. You will not be required to pay additional fees such as buying and selling fees, depository fees, trustee fees, addition rate, etc.

And the fact you can manage the savings plan as an investment portfolio: that’s right! The money accumulated in the savings policy is managed as an investment portfolio – you can view it online every day and get an up-to-date picture, including information about the investment track and the performance of the plan.