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Alpha Exelixis Capital Investment unit-linked plan
Make your capital work for you
Alpha Bank SA, in addition to its status as a credit institution, also acts as an insurance intermediary. Find out more about Alpha Bank's intermediation (only in Greek).
Discover the features
What it offers
Capital investment
Receive the total amount of your investment account at plan maturity.
Life insurance
In case of loss of life, your legal beneficiaries receive an additional amount equal to €3,000 per policy.
Full or partial early redemption
You can redeem part or the full current value of your investment account.
For the first years, a redemption fee applies:
- 5% – 1st insurance year
- 3% – 2nd insurance year
- 2% – 3rd insurance year
- 1% – 4th insurance year
There is no redemption fee as of the 5th year.
Continuous updates
You receive updates on your investment account:
- Online, from your computer through myAlpha Web or your mobile through myAlpha Mobile.
- By post, at the end of each year from AlphaLife.
- At our branches, whenever you want.
What’s the premium and the term
One-off investment starting at €3,000
Choose the amount you want to invest, from €3,000 to €60,000, and make the most of the capital you’ve already saved.
You pay the amount with a one-off transfer from your Alpha Bank account. You cannot make any extra payments.
For 10 to 30 years
The Alpha Exelixis Capital Investment plan has a long-term horizon.
You set a savings term between 10 and 30 years at the start of the plan. You cannot change the plan term afterwards.
Where it invests
In select mutual funds
The plan invests in international mutual funds managed by Alpha Asset Management MFMC. Based on your preferences, you can choose between 2 plans:
- Alpha Exelixis One-Off Payment – Invests in mutual funds of the Alpha (LUX) Global Funds range that meet environmental and social criteria (ESG).
- Alpha Exelixis II One-Off Payment II – Combines fixed income, balanced and equity funds.
3 investment strategies
Choose 1 of the predetermined mutual fund mix options based on your:
- Investment profile (conservative, balanced, aggressive)
- Financial needs
- Knowledge and experience
You fill in an investment questionnaire so we can determine your investment profile.
Option to change strategy
You can change your investment choice whenever you want.
The 1st change in every insurance year is free. For any subsequent changes, there is a fee equal to 0.50% of your investment account valuation, with a minimum of €10.
Why it suits you
The Alpha Exelixis Capital Investment unit-linked plan is for you if you:
- Want to invest the capital you’ve already saved.
- Have a long-term investment horizon.
- Are willing to accept any investment fluctuations and aim at higher returns for the future.
Can I get the Alpha Exelixis Capital Investment plan?
Apply provided you...
- Are 18-80 years old, if you are the policyholder.
- Are 18-65 years old and up to 75 years old at maturity, if you are the insured.
- Hold an account with Alpha Bank, if you are the policyholder.
- Have booked an appointment at an Alpha Bank branch.
Have at hand...
The necessary supporting documents depending on whether you:
- Already bank with Alpha Bank and have updated your details.
- Want to start banking with us or haven’t updated your details.
Don’t hold an account with Alpha Bank?
Explore other options
Any questions?
Find the answers you need about the Alpha Exelixis Capital Investment unit-linked plan.
Do I need to already bank with Alpha Bank to get the plan?
Yes. If you are the policyholder, you must already hold an account with Alpha Bank.
If you don’t hold one, you can open an account online.
What should I do at the end of the plan as the beneficiary?
Update online the details related to your:
- Identification – ID card or passport
- Tax residence – tax clearance certificate
If you are not the beneficiary, AlphaLife issues a certificate for the policy details and payment amount. You must submit at the branch:
- Inheritance, donation or parental gift tax return (as applicable) issued through the myPROPERTY app (Government Gazette A 1066/2023).
- Solemn declaration according to Article 8 of Law 1599/1986 through gov.gr or from a Citizen Service Centre (KEP) stating that the information arising from the inheritance, donation or parental gift tax return has not changed.
If the beneficiary is under-age, some additional forms may be required.
Book an appointment at one of our branches to apply and get the insurance policy amount.
What documents do I need to submit as a beneficiary in case of loss of life of the policyholder?
You must submit, as soon as possible, at the branch:
- Death certificate for the policyholder
- Proof of identity – ID card or passport
- Proof of tax residence – tax clearance certificate
- Birth certificate, only in the case of an under-age beneficiary
If you are the legal heir of the policyholder, you must also bring the certificates of:
- Family status
- Next of kin
- Non-publication of will