Life Insurance Plans linked to investments - Insurance-based investment product Unit Linked type with periodic payments without guaranteed value at maturity. The program aims at managing your funds through systematic long-term investment in units of the linked investment classes/sub-funds of BNP Paribas Perspectives (2031-2033, 2034-2036, 2037-2039) up to their maturity and thereafter in BNP Paribas Perspectives Court Terme, up to maturity of the Insurance Plan, while at the same time it offers life insurance coverage in the event of the Insuree's death during the validity period of the program. The investment classes/sub-funds are managed by BNP Paribas Asset Management France, a member of the BNP Paribas Group.
Each time premiums are paid, units are purchased on the offer price. Such units are added to the Investment Premium Account and this is repeated each time the Insuree pays a new premium.
Depending on the selected contract period, the program will be linked to the Investment Class of the series with the respective maturity date.
Benefits at maturity
At maturity, the amount is paid either as a lump sum or in instalments (fixed income or pension for life). In the case of a lump-sum payment, the beneficiary collects the current value (number of units x net unit price) of the Investment Premium Account.
You can choose the duration of the program, starting from a minimum 10 years, provided that the sum of the Insuree's age at the starting date of the program and the duration of the insurance is not less than 18 and not more than 75 years.
The maximum possible duration of the program is 20 years.
Full Life Plan is an insurance-based investment product with monthly, quarterly, semi-annually or annually periodic premium payments without any charge for the investment premium and fees standing at 4%, 3%, 2%, and 0% respectively, for the premium for any potential additional coverages (Waiver of Premium Payment).
One may participate with the minimum allowed annual premium of €960 (€80 per month) for an insurance period up to 14 years, or €840 (€70 per month) for an insurance period over 15 years, while the maximum annual premium stands at €10.000 (€833 per month).
In addition, someone has the option to make additional, unscheduled payments once a year after the completion of the first year, and in any case not later than 3 years before the contract's maturity.
Α. In case of loss of Insuree's life during program's validity period, either the accumulated value of the Investment Premium Account or the amount of paid annual investment premiums is paid out, whichever is highest.
Β. Optional coverage of Waiver of Premium Payment, in the event of death or total permanent disability due to accident, for the adult Insuree, or the Counterparty in case of a non-adult Insuree. Depending on the case, you may be offered either a waiver from the monthly premium payments up to the program's maturity, or from the total amount of the remaining premium payments.
The information contained herein is purely informative and does not replace neither the pre-contractual information, as stipulated in the current applicable legislation, nor the insurance contract and its general and special terms. Learn more about the insurance plan's features, coverages, detailed terms, conditions and exceptions, from our qualified NBG staff, at any of our NBG Branches.
The insurance plans are designed by Ethniki General Insurance and distributed through the branch network of National Bank of Greece S.A., Aiolou 86, 10559 Athens, Company Reg. No.: 311481. The distribution of the insurance plans is only conducted by qualified NBG staff, certified in insurance intermediation services. The Bank is registered with the Special Register of Athens Chamber of Tradesmen under Reg. No. 1028 as an insurance agent. The Special Registry's data are available through the online platform "Point of Single Contact (ESIP)" of Active Insurance Intermediaries, via which you can verify the registration with the Special Registry. ESIP website: http://insuranceregistry.uhc.gr/.
The plan is not registered according to the U.S. legislation (U.S. Securities Act 1993) and is not available to individuals and legal entities marked as U.S. Persons.
UCITS DO NOT HAVE GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE THE FUTURE RETURNS.