English Version:
Regular Bonus of 2.5% (net of tax in the hands of the policyholders) on core products
On 22 March 2024, MAPFRE MSV Life p.l.c. (MMSV) approved the bonus rates for With-Profits policies for the year ended 31 December 2023. The highlight of the bonus declaration is a regular bonus rate of 2.5% on the Company’s core products. One of the key characteristics of a With Profits investment is that the bonus rate declared is net of tax in the hands of the policyholder.
Synopsis of press release main highlights:
- Equity markets rebound while bond yields remain elevated
- With Profits Fund smoothing of returns over time
- 2.5% regular bonus declared on core products
- Declared final bonus subject to eligibility criteria
- Interim regular bonus improved to 1.5%
- Final and interim bonus can be reviewed or withdrawn at any time
- With Profits Fund remains well positioned to benefit from potential market upside
- With Profits Fund assets under management of €1.91billion
- With Profits Fund key features
The financial markets performance remains one of the key considerations in the annual bonus declaration decision. In 2023, mainstream asset classes in investment portfolios, namely fixed income and equities, contributed positively towards investment returns. Equities recovered from their 2022 lows, mainly driven by better than expected economic readings, interest rate cuts expectations and positive market sentiment underpinned by technological innovation. Notwithstanding the positive contribution, high volatility characterised the fixed income market. Fixed income asset prices remained significantly below their 2022 opening levels.
Within this environment, the With-Profits Fund registered a positive return of 8.64% in 2023, partially recovering the negative performance of -13.1% in 2022. One of the With Profits Fund’s key characteristics is the smoothing of returns over time thus eliminating the peaks and troughs of financial market movements. The regular bonus distribution for 2023 has been increased relative to 2022 reflecting the more favourable investment conditions during the year.
MAPFRE MSV Life p.l.c. declared a Regular Bonus Rate of 2.5% on its core products namely the Comprehensive Flexi Plan (regular and single premium policies), the Single Premium Plan and on the With-Profits options of the Investment Bond, Retirement Plan and the Personal Pension Plan. A Regular Bonus Rate of 2.4% was declared on the Comprehensive Life Plan (regular and single premium policies). The 2023 Regular Bonus Rates for these contracts represent an increase of 1.5% from the 2022 declaration.
On the ‘Old Series’ Endowment and Whole Life policies, a Regular Bonus of 2.0% of the basic sum assured plus bonuses was declared. The 2023 Regular Bonus Rates for these contracts represent an increase of 1.00% from the 2022 declaration.
In addition, the Board also announced the declaration of a Final Bonus in respect of Comprehensive Life Plans (Single and Regular Premium), Comprehensive Flexi Plans (Single Premium) and Single Premium Plans. A final bonus shall be payable subject to the following eligibility criteria:
- For plans where fixed premiums are contracted to be paid at regular intervals throughout the selected term of the plan (“Regular Premium”), if applicable, a final bonus will be payable as a percentage of the said plan’s policy account as at either the maturity date of the plan or date of death of life assured, if earlier, as outlined in the table below and provided that the plan has been in force for more than 10 years.
- For those plans where a one-time contribution is made upon the commencement of the plan (“Initial Contribution”/”Single Premium”), a final bonus will be payable as a percentage of the said plan’s policy account as at either the maturity date of the plan or date of death of life assured, if earlier, as outlined in the table below and provided, that the plan has been in force for more than 10 years.
- In those cases where additional non-contractual top-up contributions have been made on any one of the above plans (“Additional Top Up Premiums”), a separate final bonus will be calculated and paid on the value of the policy account of each Additional Top Up Premium, provided that the said Additional Top Up Premium was made more than 10 years before the maturity date of the plan or the date of death of the life assured, if earlier. Provided further that the percentage of the Final Bonus granted in respect of each Additional Top Up Premium will vary according to the length of investment in the With-Profits Fund of each top up contribution.
Since Final Bonuses are likely to be highly volatile and very dependent on the investment performance of the With Profits Fund, the Company is under no obligation to pay such declared Final Bonus. Whether said final bonus is paid or not shall be determined by the Company upon the date of maturity of the plan or death of the life assured, if earlier.
Final bonus rates which are applicable to the different plans are shown in the table below depending on the premium modality (that is whether by Single Premium or Regular Premium or Additional Top Up Premium):
| Plan Type
The adjacent percentages shall apply to the eligible policy account/s of the plan (depending on the modality of the premium payment) as at date of maturity or death of life assured, if earlier. |
Flat Rate
% |
Rate for every year that the plan remains in force after the 10th year of the payment of the relevant premium(s)
% |
| Single Premium Plan
(Initial Contribution made more than 10 years prior to date of maturity or death) |
4.0% | 2.5% for each year in force in excess of 10 years subject to a maximum level of 15% |
| Comprehensive Life Plan (Single Premium)
(Initial Contribution made more than 10 years prior to date of maturity or death) |
4.0% | 2.5% for each year in force in excess of 10 years subject to a maximum level of 15% |
| Comprehensive Life Plan (Regular Premium)(Policies in force more than 10 years prior to date of maturity or death) | 4.0% | 1.30% for each year in force in excess of 23 years |
| Comprehensive Life Plan (Additional Top Up Premiums on above plans)
(Where additional top up was invested more than 10 years prior to date of maturity or death) |
4.0% | 2.5% for each year in force in excess of 10 years subject to a maximum level of 15% |
| Comprehensive Flexi Plan (Single Premium)
(Initial Contribution made more than 10 years prior to date of maturity or death) |
4.0% | 2.5% for each year in force in excess of 10 years subject to a maximum level of 15% |
| Comprehensive Flexi Plan (Regular Premium)
(Policies in force more than 10 years prior to date of maturity or death) |
0.0% | 1.00% for each year in force in excess of 20 years |
| Comprehensive Flexi Plan (Additional Top Up Premiums on above plans)
(Where additional top up was invested more than 10 years prior to date of maturity or death) |
4.0% | 2.5% for each year in force in excess of 10 years subject to a maximum level of 15% |
Unless, at any time between the 1 May 2024 and 30 April 2025 the Final Bonus rates above-mentioned are changed or are withdrawn by the Company, as above-mentioned, this schedule of Final Bonus rates will be paid in accordance with the terms and conditions of the relevant plan.
The Board approved a Regular Bonus of 2.40% on those Secure Growth policies which formed part of the portfolio of business transferred to MAPFRE MSV Life from Assicurazioni Generali S.p.A. during 2000. The Board also approved a Regular Bonus of 2.00% on the ALICO 78 policies and a Regular Bonus of 2.00% on the ALICO 66 policies which formed part of the portfolio of business transferred to MAPFRE MSV Life in 2011 from American Life Insurance Company (“ALICO”).
Finally, as part of the Bonus Declaration decision, the Board approved to increase the Interim Regular Bonus Rate for 2024 from 1.0% to 1.5%. It is to be noted that this rate may be reviewed at any point in time.
The CEO of MAPFRE MSV Life, Mr. Etienne Sciberras stated, “This bonus declaration is testament to one of the key characteristics and benefits of investing in a With Profits policy, namely the smoothing of investment returns over the years. In terms of investment returns, 2023 was a good year with traditional asset classes contributing positively. The With-Profits Fund long-term investment philosophy, diversified asset allocation and active management enable the fund to capitalize on market opportunities. This consistent investment approach allowed the fund to benefit from the equity market recovery and the company to declare a 2.5% regular bonus on our core products. This bonus is even more attractive when one considers that the policyholder is not subject to any further tax on this income.”
Commenting on the outlook for the future, Etienne Sciberras said, “The economic outlook remains uncertain. While inflation has been coming down, it still remains above main Central Banks’s target rate hence increasing the risks of monetary policy mistakes within the backdrop of heightened geopolitical risk. The unique characteristics of With-Profits policies, specifically the smoothing of investment returns and the capital guarantee at maturity or earlier in case of death, make this an attractive product for medium to long term investors particularly during these uncertain times.”
Notwithstanding the prudent investment policy adopted by MAPFRE MSV Life, past performance is no guarantee for the future. Although MAPFRE MSV Life’s With-Profits investments have generally provided policyholders with stable and satisfactory returns when compared with other similar investment products where investment returns could fluctuate especially in times of uncertainty. Fair value movements and investment returns impinge directly on the rates of bonuses declared by the Company. Regular Bonuses are therefore expected to vary over the lifetime of the policy whilst Final Bonuses are likely to be highly volatile and very dependent on the investment performance of the Fund at the time of the maturity of the plan or at the time of the death of the life assured. Any one or more of the above-mentioned final bonuses may still be altered or withdrawn altogether by the Company at any time, thus affecting the final pay-out either when a plan matures or upon the death of the life assured as has already been explained above.
The MAPFRE MSV Life With-Profits Fund
The money of MAPFRE MSV Life With-Profits policyholders is invested in the MAPFRE MSV Life With-Profits Fund. With assets under management of €1.91 billion and over 77,000 With-Profits policies in force, the MAPFRE MSV Life With-Profits Fund is one of the largest managed savings funds in Malta. The size and strength of the Fund allow for investing in a very wide range of global assets. The objective of the MAPFRE MSV Life With-Profits Fund is to offer competitive long-term real returns by smoothing the peaks and troughs of day-to-day market movements whilst at the same time providing an underlying capital guarantee. This means that With-Profits investments remain a good choice for investors seeking steady growth from a spread of investments over the longer term with some downside protection. In uncertain times, the benefits of smoothing and guarantees can provide advantages to With-Profits policyholders over other forms of investment.
With-Profits policies contain four important features that are not generally found in other comparable investments. Firstly, the amount invested, after product charges, is guaranteed to be repaid on maturity or death if it occurs earlier. Secondly, Regular Bonuses are added to the investment each year, provided that they are declared. Once paid, Regular Bonuses are guaranteed and cannot be withdrawn. Thirdly, a Final Bonus may be paid at maturity of the plan or death of the life assured, whichever is the earlier. The rate of final bonus payable depends on a number of factors including the performance of the Fund over the period in which the policy has been invested, the contractual frequency of premiums and the periods over which these and each ad-hoc premiums have been invested. These rates are determined by the Company at the time that a Final Bonus, if any, is declared. They are not guaranteed and may be changed from time to time. Lastly With-Profits policies are tax efficient.
MAPFRE MSV Life p.l.c. (C-15722) is authorised by the Malta Financial Services Authority (MFSA) to carry on long term business under the Insurance Business Act. MAPFRE MSV Life p.l.c. is regulated by the MFSA.
Tax treatment depends on individual circumstances and is based on current tax legislation which may change in the future. Investment returns can go down as well as up and the past is not necessarily a guide to future performance. Changes in the rate of exchange of currencies may also affect the value of investments.
Maltese Version:
MAPFRE MSV Life p.l.c. tiddikjara l-bonuses għall-2023
Bonus Regolari ta’ 2.5% (nett mit-taxxa f’idejn id-detenturi tal-polza) fuq prodotti ewlenin
Fit-22 ta’ Marzu 2024, MAPFRE MSV Life p.l.c. (MMSV) approvat ir-rati tal-bonus għall-poloz With Profits għas-sena li ntemmet fil-31 ta’ Diċembru 2023. Il-qofol tad-dikjarazzjoni tal-bonus huwa rata ta’ bonus regolari ta’ 2.5% fuq il-prodotti ewlenin tal-Kumpanija. Waħda mill-karatteristiċi ewlenin ta’ investiment With Profits hija li r-rata tal-bonus iddikjarata hija netta mit-taxxa f’idejn id-detentur tal-polza.
Punti ewlenin tal-istqarrija għall-istampa:
- Is-swieq tal-ekwità jerġgħu lura filwaqt li r-rendimenti tal-bonds jibqgħu elevati
- Il-Fond With Profits jwitti r-redditi maż-żmien
- 2.5% bonus regolari ddikjarat fuq prodotti ewlenin
- Bonus finali ddikjarat soġġett għall-kriterji ta’ eliġibbiltà
- Bonus regolari interim tjieb għal 1.5%
- Il-bonus finali u interim jistaw jiġu riveduti jew irtirati fi kwalunkwe ħin
- Il-With Profits Fund jibqa’ f’pożizzjoni tajba biex jibbenefika minn żieda potenzjali fis-suq
- Ġestjoni ta’ €1.91 biljun fuq il-With Profits Fund
- Il-Karatteristiċi ewlenin tal-With Profits Fund
Il-prestazzjoni tas-swieq finanzjarji tibqa’ waħda mill-kunsiderazzjonijiet ewlenin fid-deċiżjoni annwali tad-dikjarazzjoni tal-bonus. Fl-2023, il-klassijiet tal-assi mainstream fil-portafolji tal-investiment, jiġifieri d-dħul fiss u l-ekwitajiet, ikkontribwew b’mod pożittiv lejn ir-redditi fuq l-investiment. L-ekwitajiet irkupraw mil-livelli baxxi tagħhom tal-2022, prinċipalment xprunati minn qari ekonomiku aħjar milli mistenni, tnaqqis fir-rata tal-imgħax aspettattivi u sentiment pożittiv tas-suq sostnut mill-innovazzjoni teknoloġika. Minkejja l-kontribuzzjoni pożittiva, il-volatilità għolja ikkaratterizzat is-suq tal-introjtu fiss. Il-prezzijiet tal-assi bi dħul fiss baqgħu ferm taħt il-livelli tal-ftuħ tagħhom tal-2022.
F’dan l-ambjent, il-With Profits Fund irreġistra redditu pożittiv ta’ 8.64% fl-2023, u irkupra parzjalment il-prestazzjoni negattiva ta’ -13.1% fl-2022. Waħda mill-karatteristiċi ewlenin tal-With Profits Fund hija t-twittija tar-redditi maż-żmien, u b’hekk jiġu eliminati konsegwenzi estremi tas-swieq finanzjarji. Id-distribuzzjoni regolari tal-bonus għall-2023 żdiedet meta mqabbla mal-2022 – din tirrifletti l-kundizzjonijiet ta’ investiment aktar favorevoli matul is-sena.
MAPFRE MSV Life p.l.c. iddikjarat Regular Bonus Rate ta’ 2.5% fuq il-prodotti ewlenin tagħha, primarjament il- Comprehensive Flexi Plans (poloz regolari u single premium), il-Pjan Single Premium u dwar l-għażliet With Profit Investement Bond, Retirement Plan u Personal Pension Plan. Regular Bonus Rate ta’ 2.4% kien dikjarat fuq il-Comprehensive Life Plan (kemm poloz regolari u single premium). Ir-Rati tal-Bonus Regolari tal-2023 għal dawn il-kuntratti jirrappreżentaw żieda ta’ 1.5% mid-dikjarazzjoni tal-2022.
Fuq il-poloz ‘Old Series’ Endowment and Whole Life, kien dikkjarat Regular Bonus ta’ 2.0% tas-somma bażika assigurata flimkien ma’ bonuses. Dan jirrappreżenta żieda ta’ 1.00% mid-dikjarazzjoni tal-2022.
Barra minn hekk, il-Bord ħabbar ukoll id-dikjarazzjoni ta’ Bonus Finali fir-rigward ta’ Comprehensive Life Plans (Single and Regular Premium), Comprehensive Flexi Plans (Single Premium) u Single Premium Plans. Il- Bonus finali jitħallas suġġett għall-kriterji ta’ eliġibbiltà li ġejjin:
- Għal pjanijiet fejn premiums fissi huma kuntrattati li jitħallsu f’intervalli regolari matul it-terminu magħżul tal-pjan (Regular Premium), jekk applikabbli, bonus finali jitħallas bħala persentaġġ tal-kont tal-polza ta’ l-imsemmi pjan jew fid-data tal-maturità tal-pjan jew id-data tal-mewt tal-ħajja assigurata, jekk qabel, kif deskritt hawn taħt u sakemm il-pjan ikun ilu fis-seħħ għal aktar minn 10 snin.
- Għal dawk il-pjanijiet fejn issir kontribuzzjoni ta’ darba mal-bidu tal-pjan Kontribuzzjoni Inizjali/ Single Premium), bonus finali jitħallas bħala persentaġġ tal-kont tal-polza tal-pjan imsemmi jew fid-data tal-maturità tal-pjan jew id-data tal-mewt tal-ħajja assigurata, jekk qabel, kif deskritt hawn taħt u sakemm, li l-pjan ilu fis-seħħ għal aktar minn 10 snin.
- F’dawk il-każijiet fejn ikunu saru kontribuzzjonijiet addizzjonali (Top Up) mhux kuntrattwali fuq xi wieħed mill-pjanijiet ta’ hawn fuq (Additional Top Up Premiums), jiġi ikkalkulat bonus finali separat u jitħallas fuq il-valur tal-kont tal-polza ta’ kull Top Up Premium Addizzjonali, sakemm l-imsemmi Premium Addizzjonali ta’ Top Up ikun sar aktar minn 10 snin qabel id-data tal-maturità tal-pjan jew id-data tal-mewt tal-ħajja assigurata, jekk qabel. Iżda wkoll li l-perċentwal tal-Bonus Finali mogħti fir-rigward ta’ kull Top Up Premium Addizzjonali jvarja skont it-tul tal-investiment fil-With Profits Fund ta’ kull kontribuzzjoni top up.
Peress li l-Bonuses Finali x’aktarx ikunu volatili ħafna u dipendenti ħafna fuq il-prestazzjoni tal-investiment tal-With Profits Fund, il-Kumpanija m’għandha l-ebda obbligu li tħallas it-tali Bonus Finali iddikjarat. Jekk l-imsemmi bonus finali jitħallasx jew le għandu jiġi stabbilit mill-Kumpanija fid-data tal-maturità tal-pjan jew mewt tal-ħajja assigurata, jekk qabel.
Ir-rati tal-bonus finali li huma applikabbli għall-pjanijiet differenti huma murija fit-tabella hawn taħt skont il-premium (jiġifieri jekk permezz ta’ Single Premium jew Regular Premium jew Additional Top Up Premium):
| Tip ta’ Kuntratt
Il-perċentwali japplikaw għall-kontijiet tal-polza eliġibbli fid-data tal-maturità jew il-mewt tal-ħajja assigurata, jekk qabel. |
Rata Fissa
% |
Rata għal kull sena li l-pjan jibqa’ fis-seħħ wara l-10 sena tal-ħlas tal-primjum(s) rilevanti
% |
| Single Premium Plan
(Kontribuzzjoni Inizjali magħmula aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
4.0% | 2.5% għal kull sena fis-seħħ li taqbeż l-10 snin soġġett għal livell massimu ta’ 15% |
| Comprehensive Life Plan (Single Premium)
(Kontribuzzjoni Inizjali magħmula aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
4.0% | 2.5% għal kull sena fis-seħħ li taqbeż l-10 snin soġġett għal livell massimu ta’ 15% |
| Comprehensive Life Plan (Regular
Premium) (Poloz fis-seħħ aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
4.0% | 1.30% għal kull sena fis-seħħ li taqbeż it-23 sena |
| Comprehensive Life Plan (Top Up Premiums addizzjonali fuq il-poloz ta’ hawn fuq) (Fejn żieda addizzjonali ġiet investita aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
4.0% | 2.5% għal kull sena fis-seħħ li taqbeż l-10 snin soġġett għal livell massimu ta’ 15% |
| Comprehensive Flexi Plan (Single Premium)
(Kontribuzzjoni Inizjali magħmula aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
4.0% | 2.5% għal kull sena fis-seħħ li taqbeż l-10 snin soġġett għal livell massimu ta’ 15% |
| Comprehensive Flexi Plan (Regular Premium)
(Poloz fis-seħħ aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
0.0% | 1.00% għal kull sena fis-seħħ ta’ aktar minn 20 sena |
| Comprehensive Flexi Plan (Top Up Premiums addizzjonali fuq il-poloz ta’ hawn fuq)
(Fejn żieda addizzjonali ġiet investita aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
4.0% | 2.5% għal kull sena fis-seħħ li taqbeż l-10 snin soġġett għal livell massimu ta’ 15% |
Sakemm, fi kwalunkwe ħin bejn l-1 ta’ Mejju 2024 u t-30 ta’ April 2025 ir-rati tal-Bonus Finali msemmija hawn fuq jinbidlu jew jiġu rtirati mill-Kumpanija, kif imsemmi hawn fuq, din l-iskeda tar-rati tal-Bonus Finali titħallas skont it-termini u l-kundizzjonijiet tal-pjan rilevanti.
Il-Bord approva Bonus Regolari ta’ 2.40% fuq dawk il-poloz ta’ Secure Growth li kienu jiffurmaw parti mill-portafoll ta’ negozju trasferit lil MAPFRE MSV Life minn Assicurazioni Generali S.p.A. matul is-sena 2000. Il-Bord approva wkoll Bonus Regolari ta’ 2.00% fuq il-poloz ALICO 78 u Bonus Regolari ta’ 2.00% fuq il-poloz ALICO 66 li kienu jiffurmaw parti mill-portafoll ta’ negozju trasferit lil MAPFRE MSV Life fl-2011 minn American Life Insurance Company (ALICO).
Fl-aħħar nett, bħala parti mid-deċiżjoni tad-Dikjarazzjoni tal-Bonus, il-Bord approva li jżid ir-Rata Interim ta’ Bonus Regolari għall-2024 minn 1.0% għal 1.5%. Ta’ min jinnota li din ir-rata tista’ tiġi riveduta fi kwalunkwe ħin.
Il-Kap Eżekuttiv ta’ MAPFRE MSV Life, is-Sur Etienne Sciberras stqarr, “Din id-dikjarazzjoni tal-bonus hija xhieda ta’ waħda mill-karatteristiċi u l-benefiċċji ewlenin tal-investiment f’poloz With Profits, b’twittija tar-reditti fuq l-investiment matul is-snin. F’termini ta’ redditi fuq l-investiment, l-2023 kienet sena tajba bil-klassijiet tradizzjonali tal-assi jikkontribwixxu b’mod pożittiv. L-investiment fit-tul tal-With Profits Fund, l-allokazzjoni diversifikata tal-assi u l-ġestjoni attiva jippermettu lill-fond jikkapitalizza fuq opportunitajiet tas-suq. Dan it-tip ta’ investiment ippermetta lil-fond jibbenefika mill-irkupru tas-suq tal-ekwità u l-kumpanija tiddikjara bonus regolari ta’ 2.5% fuq il-prodotti ewlenin tagħna. Dan il-bonus huwa saħansitra aktar attraenti meta wieħed iqis li d-detentur tal-polza mhuwiex suġġett għal aktar taxxa fuq dan id-dħul.”
F’kumment dwar il-prospetti għall-futur, Etienne Sciberras qal, “Il-prospetti ekonomiċi għadhom inċerti. Filwaqt li l-inflazzjoni qed tonqos, xorta tibqa’ ogħla mir-rata fil-mira tal-Banek Ċentrali ewlenin u b’hekk jiżdiedu r-riskji ta’ żbalji fil-poloz monetarji fl-isfond ta’ riskji ġeopolitiċi. Il-karatteristiċi uniċi tal-poloz With Profits, speċifikament it-twittija tar-redditi fuq l-investiment u l-garanzija kapitali mal-maturità jew qabel f’każ ta’ mewt, jagħmlu dan prodott attraenti għal investituri fuq perjodu medju sa twil partikolarment matul dawn iż-żminijiet inċerti.”
Minkejja l-poloz ta’ investiment prudenti adottati minn MAPFRE MSV Life, il-prestazzjoni tal-passat mhijiex garanzija għall-futur. Għalkemm l-investimenti With Profit ta’ MAPFRE MSV Life ġeneralment ipprovdew lid-detenturi tal-poloz b’redditi stabbli u sodisfaċenti meta mqabbla ma’ prodotti simili oħra ta’ investiment, ir-redditi fuq l-investiment jistgħu jvarjaw speċjalment fi żminijiet ta’ inċertezza. Il-movimenti tal-valur ġust u r-redditi fuq l-investiment jaffettwaw direttament ir-rati ta’ bonuses iddikjarati mill-Kumpanija. Għalhekk, il-Bonuses Regolari huma mistennija li jvarjaw tul il-ħajja tal-polza filwaqt li l-Bonuses Finali x’aktarx ikunu volatili ħafna u dipendenti ħafna fuq il-prestazzjoni tal-investiment tal-Fond fiż-żmien tal-maturità tal-pjan jew fil-ħin tal-mewt tal-ħajja assigurata. Kull wieħed jew aktar mill-bonuses finali msemmija hawn fuq xorta jistgħu jinbidlu jew jiġu rtirati għal kollox mill-Kumpanija fi kwalunkwe ħin, u b’hekk jaffettwaw il-ħlas finali jew meta pjan jimmatura jew mal-mewt tal-ħajja assigurata kif diġà ġie spjegat hawn fuq.
Il-MAPFRE MSV Life With-Profits Fund
Il-flus tad-detenturi tal-poloz MAPFRE MSV Life With Profits huma investiti fil-MAPFRE MSV Life With Profits Fund. B’assi mmaniġġjati ta’ €1.91 biljun u aktar minn 77,000 polza fis-seħħ, dan huwa wieħed mill-akbar fondi tat-tfaddil f’Malta. Id-daqs u s-saħħa tal-Fond jippermettu l-investiment f’firxa wiesgħa ħafna ta’ assi globali. L-għan tal-MAPFRE MSV Life With Profits Fund huwa li joffri redditi rejali fit-tul li huma kompetittivi, u b’hekk jipprovdi garanzija kapitali. Dan ifisser li l-investimenti ta’ With Profits jibqgħu għażla tajba għall-investituri li jfittxu tkabbir kontinwu minn firxa ta’ investimenti fuq perjodu itwal ta’ żmien b’ċertu protezzjoni. Fi żminijiet inċerti, il-benefiċċji tat-twittija u l-garanziji jistgħu jipprovdu vantaġġi lid-detenturi tal-poloz With Profits fuq forom oħra ta’ investiment.
Dawn il-poloz fihom erba’ karatteristiċi importanti li ġeneralment ma jinstabux f’investimenti komparabbli oħra. L-ewwel nett, l-ammont investit, wara l-ispejjeż tal-prodott, huwa garantit li jitħallas lura mal-maturità jew mal-mewt jekk iseħħ qabel. It-tieni, il-Bonuses Regolari jiżdiedu mal-investiment kull sena, sakemm jiġu ddikjarati. Ladarba jitħallsu, Il-Bonuses Regolari huma garantiti u ma jistgħux jiġu rtirati. It-tielet, Bonus Finali jista’ jitħallas mal-maturità tal-pjan jew mewt tal-ħajja assigurata, skont liema tiġi l-ewwel. Ir-rata tal-bonus finali pagabbli tiddependi fuq numru ta’ fatturi, inkluż il-prestazzjoni tal-Fond matul il-perjodu li fih tkun ġiet investita l-polza, il-frekwenza kuntrattwali tal-primjums u l-perjodi li matulhom dawn il-primjums ad hoc ikunu ġew investiti. Dawn ir-rati huma determinati mill-Kumpanija fiż-żmien li jiġi ddikjarat Bonus Finali, jekk ikun hemm. Mhumiex garantiti u jistgħu jinbidlu minn żmien għal żmien. Fl-aħħar nett il- poloz huma effiċjenti għal-fini tat-taxxa.
