Savings Program with Life Insurance

A Guaranteed Gain

It has always made sense to save money. In our daily routines, we frequently do not even notice how trifling expenses add up to truly remarkable amounts. If only part of it had been put away in a safe place, then even after a relatively short period of time we would have a noteworthy amount for making purchases or fulfilling other dreams. To wish to receive even more is twice as smart!

The Savings Program with Life Insurance is an accumulative program offering the opportunity of creating savings, while simultaneously insuring your life. This opportunity is offered to you by SEB banka in collaboration with SEB Life Insurance.

See for yourself:

• In a specified period of time even from small contributions a noteworthy capital will be formed, which can be used to carry out major plans.
• Add to this amount the guaranteed and the supplementary earnings interest of the SEB Life Insurance.
• Remember that by applying for the Savings Program with Life Insurance for a term longer than 5 years, you are entitled to receive as government tax relief 25% of the amount contributed to the policy annually - thus expanding your opportunity horizon even further!

Safe Saving

In addition to accumulating savings, use the opportunity to insure your life advantageously.

Your savings, regardless what course your life takes, are guaranteed by:

• SEB banka - one of the most highly respected managers of private capital in Latvia with an extensive international experience;
• SEB Life Insurance - the largest life insurer in Latvia, reinsuring its risk exposure in such worldwide insurance companies as Munich Re and Gen Re;
• The Republic of Latvia - Your earnings grow under the continuous supervision of the Finance and Capital Market Commission;
• The stipulations of the insurance contract - if the insured risk event takes place before the termination of the contract, the accumulated capital as well as the face amount of the life insurance policy is paid in full the beneficiaries named in the policy.

How to Increase the Gain?

• Chose the amount that you will invest in the realization of your future plans, the frequency of the payments, and the maturity date when you will wish to receive the accumulated capital. .
• You will receive an annual government income tax rebate of 25% of the amount you contributed to your savings program
• Your savings will be supplemented each year with the guaranteed earnings of 3.5% in the first 5 years + additional earnings depending on the SEB Life Insurance financial outcomes
• Life Insurance - the saver has the option of insuring his life along with the savings program. In case of the loss of life the individuals named in the policy receive the accumulated savings as well as the full face value of the insurance policy.
• The saver may additionally obtain supplementary accident insurance - it provides compensation for injuries and illness caused by accidents.