Looking for a safe investment? If you have a lump sum of money to invest but would like an alternative to traditional bank accounts and term deposits, then look no further. The Single Premium Plan invests in the With Profits Fund, providing a tax-efficient, steady but conservative return over the medium to long term.

What are the benefits of the Single Premium Plan?

What are the Plan’s benefits?

When you invest in the Single Premium Plan you will be able to earn an annual Regular Bonus which, once declared, is guaranteed. The bonuses are compounded to your investment. However, you have the option to withdraw them as an annual income without incurring any charges.

The Plan also includes benefits offered free of charge:

  • Death Benefit – Payment of 101% of the contribution paid (or 101% of the Policy Account whichever is higher) if the Person Covered is 70 years old or younger at the time of death or Payment of 100% of the single contribution paid (or 100% of the Policy Account whichever is higher) if the Person Covered is 71 years old or older at the time of death.
  • Funeral Expenses Benefit – the option to receive part of the Death Benefit immediately to cover funeral expenses, up to a maximum of €2,500.

Key Features

Single premium plan
Type Single Premium Savings Plan (With Profits)
Minimum Premium €5000
Age of insured person Between 18 and 82, (3 months to 17 years for Child Policy)
Period of cover At least 8 years (or until you are 90 years old)
Number of insured persons 1 or 2
Plan Benefits Death Benefit
Funeral Expenses Benefit
Other Features Additional Top Ups
Free partial withdrawal of capital
Free optional bonus withdrawals

Legal Information

The amount invested, after product charges, is guaranteed to be repaid to you on maturity, or death if it occurs earlier. The Regular Bonuses added on to your Plan are also guaranteed on maturity or death, once they are declared. The guarantee does not apply to any withdrawals made before the maturity of your Plan. Tax treatment depends on individual circumstances and is based on current Tax legislation which may change in the future.

Calamatta Cuschieri is an enrolled Tied Insurance Intermediary under the Insurance Distribution Act for MAPFRE MSV Life p.l.c. (MMSV). MMSV (C-15722) is authorised under the Insurance Business Act.  Both entities are regulated by the Malta Financial Services Authority. The Product is manufactured by MMSV and distributed by Calamatta Cuschieri.