Creand Dynamic Study Plan
Creand Dynamic Study Plan is aimed at those who want to build up a fund for the future of their children, grandchildren, nephews or nieces, obtaining the best return possible.
Characteristics
- It is suitable for adults with children, grandchildren, nephews and nieces, or other minors for whom they are responsible, who are interested in contracting a savings plan thinking about their future.
- It is ideal for people who want to save and obtain the best possible return on their contributions. When the product is contracted, it therefore takes the minor's age into account in order to achieve the best performance at all times.
Advantages
- Your savings grow by means of easy regular payments or one-off contributions.
- Very flexible options for adjusting, modifying or suspending your regular contributions.
- If necessary you can withdraw your accumulated savings.
- You can also contract supplementary life insurance that guarantees the beneficiaries will receive the total capital anticipated at the maturity of the product, in the event of the death or disability of the insured (legal guardian).
Redemption
If savings are redeemed more than five years before the date of maturity, the insurer may apply the following penalties:
- During the 1st year after the policy is contracted: 2% of the capital redeemed.
- During the 2nd year: 1.5% of the capital redeemed.
- During the 3rd year: 1% of the capital redeemed.
- During the 4th year: 0.5% of the capital redeemed.
Maturity
At the earliest, the product will mature on the date of the child’s 18th birthday. On maturity, the total capital will be available in a single payment.
According to the client’s wishes, this capital can be transformed into an annuity or the two options may be combined.
Maturity
At the earliest, the product will mature on the date of the child’s 18th birthday. On maturity, the total capital will be available in a single payment.
According to the client’s wishes, this capital can be transformed into an annuity or the two options may be combined.
FAQ
If you have questions about our products, take a look at the answers to frequently asked questions in this section.