Your Need: Enhance your savings and save for future projects
In the event that you are setting aside to pay for an undertaking that you plan to do in a couple of years’ time, or you need to grow your savings, or even better, you are setting aside to pay for your children’s university education or buy your dream home.
A life insurance policy allows you to make one-off or regular payments that are invested in traditional savings funds and/or unit-linked funds, with certain tax benefits. (The value of unit-linked funds may rise or fall depending on trends in the financial markets.)
The many options allow you to adapt the investment profile to the stage in your life, focusing on growth in the early years and on security in the latter part of the savings period, to adjust the frequency of your payments, to choose a segmented investment strategy, etc.
You can withdraw all or part of your savings if the need arises, whatever the age of your policy. The longer you keep your contract, the lower the tax rate applied to the interest and capital gains but you nevertheless retain access to your savings.
You can freely choose the beneficiary(ies) of the death benefit payable under the contract, and determine how the total amount will be allocated among them. For this reason, you should pay close attention to the beneficiary clause of your policy.
You can have confidence in the policies developed by Cannon.
Let’s Talk on 0800 723333, for together we can walk through life to achieve your future goals.