lalux-Safe Future – Retirement componentRetirement Insurance Contract • January 7th, 2022
Type of life insurance lalux-Safe Future is a retirement insurance contract where the premium can either be invested in the form of traditional life insurance with a guaranteed rate and profit sharing, or in the form of unit-linked life insurance, i.e. unit-linked investment funds, or in a combination of both. Guarantees If the insured person is alive at the end of the contract, the accumulated savings will be paid to the said person.When the premiums are partially or fully invested in unit-linked life insurance, then the accumulated savings of the unit-linked life insurance part correspond to the counter value of the account units held in the policy. The amount of units of held depend on the payments (net of entry fees) invested in the chosen fund. The number of units held changes in accordance with the payment of the future premiums.In the event of death of the insured person before the end of the contract, the beneficiary will receive the savings accumulated until the time of death.
