Frequently asked questions about Financial insurances

Financial insurance includes life insurance, categorized into two types: capitalization insurance and unit-linked insurance.

• They offer structured, adaptable, and tailored savings options, beginning with modest sums, catering to medium to long-term investment objectives.
• Provide capital security, with potential for guaranteed minimum returns depending on the policy.
• In the case of a PPR (Personal Pension Plan), they come with tax advantages such as the potential for deduction from income tax and special early repayment conditions defined by law (DL 158/2002).
• Additionally, they feature reduced income taxation for early repayments as stipulated by law, with rates as low as 8%.

• They allow a programmed, flexible and personalized savings, starting from low amounts, with a medium / long term investment horizon;
• They are a diversified investment of savings in autonomous investment funds, with different investment styles, thus adapting to different investor profiles and different market moments;
• No guaranteed minimum return, no guarantee of the capital invested, the investment risk is borne by the policyholder.

Given their typical medium to long-term nature, financial insurances benefit from tax advantages in income taxation, as follows under the IRS (Individual Income Tax):

• 2% upon redemption/maturity after 8 years;
• 4% upon redemption between the 5th and 8th year;
• 28% upon redemption within the first 5 years.