One of the major concerns that arises when we are close to retire is if our pension will allow us to live comfortably. It is obvious that after working for many years, you are supposed to rest and not to make ends meet.
You have probably seen that advertisement on television in which a salary of €2.000 per month for your whole life was raffled off if you got the winning number. ACG displays somehting similar: a life annuity based on a life insurance policy which will allow you to have a salary during the rest of your life after one payment.
This is a very simple product: we will analyze your situation, see how much you wish to earn, and set the conditions for your policy. The insured will receive a regular monthly, quarterly or annual life annuity, the amount of which will depend on the capital contributed, as well as the profitability of the insurance itself.
There are different options that can be agreed in relation to your heirs:
- Capital at death In this case, if the insured dies, an amount their heirs would receive can be set. This sum can be received in a single payment.
- Income of the annuity If the insured dies, a beneficiary would receive the same annuity or a percentage of it.
ACG gives you different options for you to find the one that best suits your needs, being able to choose whether to receive a higher periodic income of the contributed capital received by your beneficiaries, or reduce your life annuity in order to ensure a higher compensation for them after your death. In addition, life annuity policies have significant reductions at the time of receiving the benefit, up to 92% of the income.
The periodic income that the holder receives is considered as a tax return on moveable capital. Depending on the age of the client, this income received will be taxed at a variable percentage according to the age of the client, % of the capital that is taxed and the effective rate that is applied. For example, for people between 60-65 years of age, if the capital that is taxed is 24% the effective rate that is applied is 4,56%.
Life annuities are very interesting alternatives to inheritances. These give us the possibility of bequeathing our money with the security that it will not be misused. Managing large, unexpected amounts of money may not be an easy task. Secure your economic stability with us at the best price and with the best conditions and enjoy life quietly without worries.
