Alpha Life Plan pension and children’s savings plan

2 options for a guaranteed future

• For your golden years – Make regular savings and create an additional source of income for your pension years. Depending on your needs and wants, you choose when and how often you receive this income.
• For your children’s future – Build guaranteed capital to meet the future needs of your children, such as capital for their studies, the start of their career, etc. Alternatively, you secure supplementary income during their years of study.

Guaranteed capital at maturity

At the end of the plan, you receive the guaranteed amount:

• In one go.
• Every month for 5 or 10 years.
• As a lifelong monthly pension, if you opt for the pension plan.

Before issuing the policy, we give you a printout of our offer with the guaranteed capital at maturity and the guaranteed cash-out value for every insurance year.

Protection against inflation

You can choose 3% annual automatic indexation of the premium at the start of the savings plan. This way you:

• Protect your savings from inflation.
• Continuously and gradually increase your savings amount, to build a larger guaranteed capital in the future.

Protection for the beneficiaries

The beneficiaries receive the net amounts that have been paid, in the event of loss of life of the policyholder.

Full or partial early redemption

You can cash out early, in part or in full, as long as you:

1. Are past the 1st insurance year.
2. Have made all required payments over the 1st insurance year.

The cash-out value for every full insurance year is guaranteed and stated on your insurance policy.

You can cash out from €1,000 up to 50% of the current full cash-out value.

Continuous updates

You receive updates on your investment plan:

• 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.
  

Regular payments starting at €50 or €60

Adjust your savings according to your finances and personal planning. You can save:

• From €50 (if you choose 3% automatic annual indexation) or €60 to €250 a month
• Every month, 3 months, 6 months or year

You cannot:

• Make extra payments.
• Increase the premium amount.

No fee for annual premium

You don't pay any fees if you choose to pay your premium yearly.

There is a fee of:

• 0.50% for monthly payments
• 0.25% for payments every 3 or 6 months

For 12 to 30 years

The  Alpha Life Plan savings plan has a long-term investment horizon.

You set a savings term between 12 and 30 years at the start of the plan. You cannot change the plan term afterwards.

The Alpha Life Plan suits you if you:

• Have sufficient income, aside from the savings amount, to meet your day-to-day needs.
• Want to make regular savings on a long-term basis.
• Seek to build guaranteed capital for your golden years or your children’s future needs.
• Need flexibility in receiving the guaranteed capital at plan maturity.