Insurance For Life flexi
By concluding capital life insurance you will find security at unpredictable life circumstances such as illness, accident or hospital treatment for you and your relatives and concurrently you create financial reserve for the future. You can change the insured amount as well as installments during the term of insurance upon your requirements.
What are the benefits of capital life insurance?
- Preliminary insurance for the period between presentation of the policy proposal, and commencement of the insurance
- At the end of insurance term the insured amount can be paid as one-off amount or in the form of life annuity.
- Guarantee of agreed financial capital at the end of insurance term
- Protection against inflation
- Option of additional insurance in case of accident, disability, serious illness, permanent accident effects, period of necessary accident treatment, as well as daily sick pay in hospital
- Appreciation of your funds also in the form of shares in profit
- Assurance of your relatives in case of death – eligible persons indicated in the policy will receive the guaranteed amount insured, plus shares in profit; names of such persons must be precisely identified in the policy
- Tax-deductible
When is the insurance tax-deductible?
- If the insurance policy is concluded for at least 10 years
- If the insurance policy is concluded until the year, when the client turns at least 55 years of age,
- If the person insured is the policyholder at the same time (person paying the premium).
What is the tax-deductibility based on?
The insurance premium of up to EUR 398,33 paid for the insurance policy may be deducted from the tax base in the taxation period.
