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CSOB Savings Program Maximal Invest - Investment Life Insurance for One-Time Deposit

Insurance both for Czech residents and foreigners from 18 to 91 years. This is a unique combined investment and insurance protection program.



Benefits

The product gives a good long-term return on the invested funds. Its other strong points are:


  • guaranteed fixed revenue 16,73% (3,05% yearly),
  • funds available after the first year of insurance, if required,
  • basic life risks covered for free,
  • option of the justified person (heir), who will be paid the insured sum without deduction of withholding and inheritance tax,
  • can be set up without a medical check-up or questionnaire.

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Insured events:


  • if a death occurs in the first year of savings we will pay the respective amount saved without any deduction of withholding tax but at least the amount you have deposited,
  • if death disability occurs after an accident at any time during the savings period we will pay the amount saved plus a bonus identical to your deposit (the bonus will not exceed CZK 500,000).

Other characteristics:


  • minimum lump sum deposit of CZK 30 000,-
  • fixed saving period is 5 years and 1 month, fixed end of saving is April 29th, 2016

The value of the capital will rise depending on:


  • development of the value of the basket of shares in portfolio,
  • guaranteed fixed revenue 16,73%
  • fees (see Price List ),

Terms and Conditions

You can use this product if you are a Czech resident or a foreigner aged from 18 to 91 years.


Other conditions:


  • presenting identity card (Czech residents) or a passport (foreigners),
  • making the deposit after signing a draft of insurance contract.

You do not need to open a current or other account at CSOB or the Postal Savings Bank (Postovni sporitelna) to set up this product. This program is sold between February 1st and February 28ht, 2011

 
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