Investments in funds – a modern and popular approach to saving
- The Insurer will hand over your deposited and accrued money for management to an investment fund manager chosen by you, who will invest it in shares of different companies, government bonds and other financial instruments, according to the principles of the chosen fund.
- The investment fund manager will take care of the funds invested in the fund, monitor and, if necessary, make the necessary changes to ensure the best possible result.
- It is possible to keep track of your savings in SEB internet bank as well as make various amendments to the contract – to change the selected funds in which your current savings are located, funds for future contributions, as well as the allowable risk level.
- We will help to choose the most suitable solution for the wishes and possibilities of both – experienced customers and beginners in the financial markets.
More on Life insurance with savings
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Consultation on the conclusion of the agreement, review of the application |
Free of charge |
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Purchase or sales of investment units |
Free of charge |
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Changes in allocation of further contributions or existing savings |
Free of charge |
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Change of life insurance sum insured |
Free of charge |
Limitations
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Minimum life insurance sum insured |
150.00 EUR |
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Minimum accident additional insurance sum insured |
1500.00 EUR |
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Minimum surrender value |
0.00 EUR |
Terms of executing calculations, amendments and termination
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Purchase of investment units |
Within 5 working days after receipt of the insurance premium1 |
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Calculation of the accumulation in case of death of Insured |
Within 5 working days after the application submission date1 |
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Payout of the accumulation in case of death of Insured |
Within 30 days after the application submission date1 |
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Calculation of the accumulation in case of termination of the insurance agreement |
The surrender value is calculated in accordance with the agreement within 5 working days after the application submission date1 |
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Calculation of accumulation in case of maturity of the insurance agreement |
Within 5 working days after the agreement end date1 |
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Changes in allocation of further contributions |
Within 5 working days after the application submission date |
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Changes in allocation of existing savings: |
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Within 5 working days after the application submission date1 |
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Within 5 working days after execution of the sale transaction1 |
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Change of the Life insurance sum insured (changes take effect starting with the next payment period indicated in the policy) |
Within 10 working days after the receipt of all required documents |
Currency exchange rate
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Currency exchange rate, if currency exchange is required |
Currency at the exchange rates of the European Central Bank on the day of the calculations |
Guaranteed yield of savings
| EUR | USD | |
|---|---|---|
| Guaranteed savings | 0% | 0% |
Effective as of 15.07.2021
1 Except when a Management Company provides the performance of transactions according to a different schedule (for example, Funds may be closed for transactions and the value of their units is not calculated if there is a bank holiday in the country in which the fund is registered or/and managed).
The service is offered and provided by SEB Life and Pension Baltic SE, registration number: 40003012938.
Useful information
Personal insurance
- Funds to recover from injuries or serious illness
- Additional income during the period of incapacity for work
- Financial security, if the family loses the breadwinner
- Opportunity to ensure that your loan obligations are covered and not inherited
Ensure income for retirement years
- Plan and act for the benefit of your future today
- Follow up and manage your savings
- State aid for long-term savings - possibility to receive a tax refund
