Regular Bonus of 2.5% (net of tax in the hands of the policyholders) on core products
On 20 March 2025, MAPFRE MSV Life p.l.c. (MMSV) approved the bonus rates for With-Profits policies for the year ended 31 December 2024. 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 maintained at 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- Final and interim bonus can be reviewed or withdrawn at any time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 €1.86billion
- With Profits Fund key features
The financial markets performance remains one of the key considerations in the annual bonus declaration decision. In 2024, mainstream asset classes in investment portfolios, namely fixed income and equities, contributed positively towards investment returns. Equities continued a two-year rebound from the lows of 2022, mainly driven by the US market, led by the performance of its technology companies. The performance of other developed markets, although positive was less exceptional due to their lower exposure to the technology segment.
Fixed income gains were modest for the year as rising long-term interest rates weighed on the returns in the second half of the year.
Within this environment, the With-Profits Fund registered a positive net return of 4.3% in 2024. 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 2024 has been maintained relative to 2023, reflecting the positive performance of the fund although more muted when compared with 2023. 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 2024 Regular Bonus Rates for these contracts are unchanged from the 2023 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 2024 Regular Bonus Rates for these contracts are unchanged from the 2023 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 and Regular 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) |
6.0 % Applicable to policies in force for 21 years or more |
2.5% for each year in force in excess of 10 years subject to a maximum level of 10% |
Comprehensive Life Plan (Single Premium) (Initial Contribution made more than 10 years prior to date of maturity or death) |
6.0 % Applicable to policies in force for 21 years or more | 2.5% for each year in force in excess of 10 years subject to a maximum level of 10% |
Comprehensive Life Plan (Regular Premium) (Policies in force more than 10 years prior to date of maturity or death) |
5.0% | 1.40% for each year in force in excess of 24 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) |
6.0 % Applicable to policies in force for 21 years or more | 2.5% for each year in force in excess of 10 years subject to a maximum level of 10% |
Comprehensive Flexi Plan (Single Premium) (Initial Contribution made more than 10 years prior to date of maturity or death) |
6.0 % Applicable to policies in force for 21 years or more | 2.5% for each year in force in excess of 10 years subject to a maximum level of 10% |
Comprehensive Flexi Plan (Regular Premium) (Policies in force more than 10 years prior to date of maturity or death) |
1.0% | 0.25% for each year in force in excess of 18 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) |
6.0 % Applicable to policies in force for 21 years or more | 2.5% for each year in force in excess of 10 years subject to a maximum level of 10% |
Unless, at any time between the 1 May 2025 and 30 April 2026 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 maintain the Interim Regular Bonus Rate for 2025 at 1.5%. It is to be noted that this rate may be reviewed at any point in time.
The CEO of MAPFRE MSV Life, Ms. Elvira Lopez de Lara Merida 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, 2024 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 performance and 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 economic prospects for the future, Elvira Lopez de Lara Merida said, “Although the outlook remains largely positive the geopolitically driven uncertainty will continue putting pressure on the capital markets. Inflation and interest rates are expected to remain elevated and create headwinds going forward. 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. 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 €1.86 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 should 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 authorized 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.
Bonus Regolari ta’ 2.5% (nett mit-taxxa f’idejn id-detenturi tal-poloz) fuq il-prodotti ewlenin
Fl-20 ta’ Marzu 2025, MAPFRE MSV Life p.l.c. (MMSV) approvat ir-rati ta’ bonus għall-poloz With Profits għas-sena li ntemmet fil-31 ta’ Diċembru 2024. Il-qofol tad-dikjarazzjoni tal-bonus huwa rata ta’ bonus regolari ta’ 2.5% fuq il-prodotti ewlenin tal-Kumpanija. Waħda mill-karatteristiċi ewlenin tal-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 jirkupraw filwaqt li r-rendimenti tal-bonds jibqgħu għoljin
• Il-Fond With Profits jwitti r-redditi maż-żmien
• 2.5% bonus regolari iddikjarat fuq il-prodotti ewlenin
• Il-bonus finali iddikjarat soġġett għall-kriterji tal-eliġibbiltà
• Bonus regolari interim miżmum f’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’ €1.86 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 tad-dikjarazzjoni annwali tal-bonus. Fl-2024, il-klassijiet ta’ assi mainstream fil-portafolji ta’ investiment, jiġifieri d-dħul fiss u l-ekwitajiet, ikkontribwew b’mod pożittiv lejn ir-redditi tal-investiment. L-ekwitajiet komplew jirkupraw mill-livelli baxxi tal-2022, prinċipalment immexxi mis-suq tal-Istati Uniti, grazzi għall-prestazzjoni tal-kumpaniji tat-teknoloġija tagħha. Il-prestazzjoni ta’ swieq żviluppati oħra, għalkemm pożittiva, kienet inqas eċċezzjonali minħabba l-esponiment aktar baxx tagħhom għas-segment tat-teknoloġija.
Il-qligħ fid-dħul fiss kien modest għas-sena hekk kif ir-rati tal-imgħax fit-tul, li qed jogħlew, żdiedu fuq ir-redditi fit-tieni nofs tas-sena.
F’dan l-ambjent, il-With Profits Fund rreġistra redditu nett pożittiv ta’ 4.3% fl-2024. Waħda mill-karatteristiċi ewlenin tal-Fond With Profits hija t-twittija tar-redditi maż-żmien u b’hekk jiġu eliminati konsegwenzi ta’ movimenti estremi fis-suq finanzjarju. Id-distribuzzjoni regolari tal-bonus għall-2024 inżammet meta mqabbla mal-2023, u tirrifletti l-prestazzjoni pożittiva tal-fond għalkemm aktar baxxa meta mqabbla mal-2023.
MAPFRE MSV Life p.l.c. iddikjarat Regular Bonus Rate ta’ 2.5% fuq il-prodotti ewlenin tagħha jiġifieri il-Comprehensive Flexi Plan (poloz regolari u Single Premium), il-pjan Single Premium u dwar l-għażliet With Profit Investement Bond, Retirement Plan u Personal Pension Plan.
Ir-Regular Bonus Rate ta’ 2.4% ġiet iddikjarata fuq il-Comprehensive Life Plan (kemm poloz regolari u Single Premium). Ir-Regular Bonus Rate tal-2024 għal dawn il-kuntratti ma nbidlux mid-dikjarazzjoni tal-2023.
Fuq il-poloz Old Series Endowment and Whole Life, ġie ddikjarat Regular Bonus ta’ 2.0% tas-somma bażika assigurata flimkien mal-bonuses. Ir-Rati tar-Regular Bonus tal-2024 għal dawn il-kuntratti ma nbidlux mid-dikjarazzjoni tal-2023.
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 tal-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 t’hawn taħt skont il-premium (jiġifieri jekk permezz ta’ Single Premium jew Regular Premium jew Additional Top Up Premium):
Tip ta’ Kuntratt Il-perċentwali kontigwi għandhom japplikaw għall-kont(ijiet) tal-polza eliġibbli tal-pjan (skont il-modalità tal-ħlas tal-primjum) fid-data tal-maturità jew tal-mewt tal-ħajja assigurata, jekk qabel. |
Rata fissa % |
Rata għal kull sena li l-pjan jibqa’ fis-seħħ wara l-għaxar sena tal-ħlas tal-primjum(i) rilevanti % |
Single Premium Plan (Kontribuzzjoni Inizjali magħmula aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
6.0 % Applikabbli għall-poloz fis-seħħ għal 21 sena jew aktar |
2.5 % għal kull sena fis-seħħ ta’ aktar minn 10 snin soġġett għal livell massimu ta’ 10 % |
Comprehensive Life Plan (Single Premium) (Kontribuzzjoni Inizjali magħmula aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
6.0 % Applikabbli għall-poloz fis-seħħ għal 21 sena jew aktar |
2.5 % għal kull sena fis-seħħ ta’ aktar minn 10 snin soġġett għal livell massimu ta’ 10 % |
Comprehensive Life Plan (RegularPremium) (Poloz fis-seħħ aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
5.0% |
1.40% għal kull sena fis-seħħ li taqbeż -l 24 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) |
6.0 % Applikabbli għall-poloz fis-seħħ għal 21 sena jew aktar |
2.5 % għal kull sena fis-seħħ ta’ aktar minn 10 snin soġġett għal livell massimu ta’ 10 % |
Comprehensive Flexi Plan (Single Premium) (Kontribuzzjoni Inizjali magħmula aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
6.0 % Applikabbli għall-poloz fis-seħħ għal 21 sena jew aktar |
2.5 % għal kull sena fis-seħħ ta’ aktar minn 10 snin soġġett għal livell massimu ta’ 10 % |
Comprehensive Flexi Plan (Regular Premium) (Poloz fis-seħħ aktar minn 10 snin qabel id-data tal-maturità jew tal-mewt) |
1.0% |
0.25% għal kull sena fis-seħħ li taqbeż it-18 -il 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) |
6.0 % Applikabbli għall-poloz fis-seħħ għal 21 sena jew aktar |
2.5 % għal kull sena fis-seħħ ta’ aktar minn 10 snin soġġett għal livell massimu ta’ 10 % |
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 tan-negozju trasferit lil MAPFRE MSV Life fl-2011 minn American Life Insurance Company (“ALICO”).
Fl-aħħarnett, bħala parti mid-deċiżjoni tad-Dikjarazzjoni tal-Bonus, il-Bord approva li jżomm ir-Rata Interim ta ‘Bonus Regolari għall-2025 għal 1.5%. Ta’ min jinnota li din ir-rata tista’ tiġi riveduta fi kwalunkwe ħin.
Il-Kap Eżekuttiv ta’ MAPFRE MSV Life, Elvira Lopez de Lara Merida ddikjarat, “Din id-dikjarazzjoni tal-bonus hija xhieda ta’ waħda mill-karatteristiċi u l-benefiċċji ewlenin tal-investiment With Profits, jiġifieri t-twittija tar-redditi tal-investiment matul is-snin. F’termini tar-redditi mill-investiment, l-2024 kienet sena tajba bi klassijiet ta’ assi tradizzjonali jikkontribwixxu b’mod pożittiv. Il-filosofija tal-investiment fit-tul With Profits hija l-allokazzjoni diversifikata tal-assi u l-ġestjoni attiva li jippermettu lill-fond jikkapitalizza fuq l-opportunitajiet tas-suq. Dan it-tip ta’ investiment ippermetta lill-fond jibbenefika mill-prestazzjoni tas-suq tal-ekwità u jiddikjara 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 soġġett għal xi taxxa ulterjuri fuq dan id-dħul.”
Waqt li kkummentat dwar il-prospetti ekonomiċi għall-futur, Elvira Lopez de Lara Merida qalet, “Għalkemm il-prospetti jibqgħu fil-biċċa l-kbira pożittivi, l-inċertezza ġeopolitika se tkompli tagħmel pressjoni fuq is-swieq kapitali. L-inflazzjoni u r-rati tal-imgħax huma mistennija li jibqgħu għoljin u jkollhom impatt ‘il quddiem. Il-karatteristiċi uniċi ta’ dawn il-fondi huma speċifikament it-twittija tar-redditi tal-investiment u l-garanzija tal-kapital fil-maturità jew aktar kmieni f’każ ta’ mewt, u dan jagħmlu il- prodott attraenti għall-investituri fuq terminu medju u 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-Fond tal-Ħajja bil-Profitti tal-MAPFRE MSV
Il-flus tad-detenturi tal-poloz MAPFRE MSV Life With Profits huma investiti fil-MAPFRE MSV Life With Profits Fund. B’assi mmaniġġjati ta’ €1.86 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.
MAPFRE MSV Life p.l.c. (C-15722) hija awtorizzata mill-Awtorità għas-Servizzi Finanzjarji ta’ Malta (MFSA) biex twettaq kummerċ tal-assigurazzjoni fit-tul taħt l-Att dwar il-Kummerċ tal-Assigurazzjoni, Kap. 403 tal-Liġijiet ta’ Malta. MAPFRE MSV Life p.l.c. hija regolata mill-MFSA.
It-trattament tat-taxxa jiddependi fuq iċ-ċirkostanzi individwali u huwa bbażat fuq il-leġiżlazzjoni fiskali attwali li tista’ tinbidel fil-futur. Il-valur tal-investiment jista’ jiżdied kif wkoll jonqos u l-passat mhux garanzija tal-futur. Bidliet fir-rata tal-kambju tal-muniti jistgħu wkoll jaffettwaw il-valur tal-investiment.