Last Updated on Monday, 18 October, 2021 at 6:56 pm by Andre Camilleri
MAPFRE MSV Life has launched a limited special offer on its Single Premium Plan.
The main added value benefits of this limited special offer include a 1% additional allocation to the initial investment and no entry fees. The Single Premium Plan offers a capital guarantee if the investment is retained up to maturity or upon earlier death.
This limited special offer is for a 15-year term investment in a Single Premium Plan with a minimum contribution of €10,000. The Single Premium Plan contributions are invested in the MAPFRE MSV Life With Profits Fund – a low to medium risk investment which offers potential for growth whilst protecting the investment from short term volatility. The investment grows in line with the annual bonuses declared by MAPFRE MSV Life which, once declared, are added to the policy account. This bonus can be withdrawn annually as a form of income or can be retained within the policy account and benefit from compounding as bonuses are added from year to year. This limited special offer Single Premium Plan also has the possibility of benefitting from any additional final bonus which MAPFRE MSV Life may declare to be payable in the year when the policy matures.
As an insurance based investment product, this limited special offer Single Premium Plan is a tax efficient investment and is an ideal investment for estate planning which allows for beneficiaries to be nominated.