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Investment products

What are annuities?

It's life-savings insurance that guarantees you a regular and fixed income for life, transforming your savings into a stable, known and permanent income that will give you peace of mind about maintaining your standard of living alongside the state retirement pension you are going to receive.

One of its main advantages is that it enjoys excellent taxation, especially if the person taking it out is over 66 years old.

There are different types of life annuities, adapting to your particular needs:

  • Future Stability Income: Choose this type if the priority is to secure a estate for your loved ones, and in the meantime you want to enjoy fixed and guaranteed returns for life, with excellent tax treatment.
  • Capital Annuity: Choose this type if you want a larger periodic income, but your priority is still to preserve 90%, 80% or 70% of the assets for the beneficiaries of your choice.
  • Decreasing on Decease Capital Annuity: Choose this type if you wish to receive your savings as income little by little, making sure that the income received does not run out no matter how many years you live.
  • Capital Annuity 50-0: Choose this type to receive, in the form of income, the amount derived from an asset transfer of assets, enjoying the tax exemption on the capital gains obtained if you are over 65 years old.

The minimum contract amount is €30,000 in a single premium and can be arranged from 55 to 85 years of age. You can also choose whether you want to receive this income monthly, quarterly, semi-annually or annually.