We use first and third-party cookies for analytical and statistical purposes and to show you personalised advertisements based on a profile compiled from your browsing habits (e.g. pages visited). For more information, click on our Cookie Policy. You can accept all cookies by pressing 'Accept' or personalise your choice by clicking on MANAGE OR REJECT COOKIES.
FUTURE STABILITY INCOME
An income for your entire life.

Invest in unit-linked insurance.
A form of investment with double the advantages.
A healthy return on your investments plus tax deductions.
One-off premium insurance
Making a one-time contribution offers you a guaranteed income for life, including up to 30% of the capital invested.
An income today
From the first year you’ll enjoy a fixed life annuity paid however suits you best: monthly, quarterly or annually. For example, to top up your pension.
Liquidity from the first year
You can redeem the premium after one year.1More services, more advantages
See Terms and conditions Terms and conditions
Terms and conditions Future Stability Income
-
Age
You can apply for a capital annuity from the age of 55 to 85 years old.
- Amount
You can arrange a capital annuity from €30,000.
-
Interest
The bank cannot give you an interest rate as these are published weekly and vary depending on the age range you are in.
-
Frequency
The income is paid out annually at least, depending on your choice, and you start to receive it the year after it is arranged.
-
Guarantees
There are two types of guarantee for two different cases.
- During the life of the insured/investor: this product assures you a fixed and constant income throughout your life or until it is redeemed.
- In the event of death: if the insured party dies within the first two years after taking out the product, 100% of the investment or premium paid will be received. From the third year on, 100% of the investment/premium paid plus 1% (maximum 4,000) of the amount of the investment/premium paid.
-
Liquidity
Although this product is designed to accompany you throughout your life, you can request the redemption of the premium/investment from the first year after it is arranged.
The redemption value will depend on the market value of the assets in your portfolio at that time, and the capital contracted in case of death. The amount you will receive depends on the performance of the financial markets. You may lose some of the principal of your investment, in addition to the interest.
-
Beneficiaries
As this is insurance, you can specify the beneficiaries. If you do not do this, the beneficiaries will be your legal heirs.
-
Tax information
The benefits received are considered capital gains and are subject to a 19% withholding. The percentage personal income tax on annuities depends on the age of the investor or insured party when the policy is arranged:
- 40% of the payments aged under 40.
- 35% of the payments aged between 40 and 49,
- 28% of the payments aged between 50 and 59,
- 24% of the payments aged between 60 and 65,
- 20% of the payments aged between 66 and 69,
- 8% of the payments after the age of 70.
In the event of death, the payments received by the beneficiaries will be subject to Inheritance and Donations Tax.
If you are over 65 and the funds used for the investment or premium are from reinvestment of capital from sales of your assets (real estate, shares, investment funds, etc.) in the six months before arranging the Capital Annuity, you can benefit from a tax exemption of €240,000.
See Tax information Tax information
Insured income taxation
In the case of collection in the form of an immediate annuity, the amounts received will be considered as capital gains, in a percentage that depends on the age of the beneficiary when they contracted the policy. The percentages are:
The amounts considered income for income tax purposes will be subject to corresponding withholdings, currently at the rate of 19% (20% for residents of Navarra). This income will be taxed in income tax at a progressive rate from 19% to 23%. In Navarra, a scale is applied whereby the rate will be 19% for the first 6,000 euros, and 21% thereafter. In the Basque Country, the savings base is taxed at a fixed rate of 20%. In San Sebastian, the scale is 20% for the first €4,000 euros and 23% thereafter; in Alava, the rate is 20% for the first €10,000 euros and 22% thereafter.
Redemptions: in insurance redemptions, the difference between the amount received as the redemption and the single premium paid plus the part of the income so far received that was exempt from taxation due to the application of the percentages shown in the previous table is regarded as a capital gain. These capital gains are subject to withholdings at the current rate, which is currently 19% (20% for residents of Navarra). This income is taxed in income tax at a progressive rate from 19% to 23%. In Navarra, the scale is 19% for the first €6,000 euros and 21% thereafter. In the Basque Country, the savings base is taxed at a fixed rate of 20%. In San Sebastian, the scale is 20% for the first €4,000 euros and 23% thereafter; in Alava, the rate is 20% for the first €10,000 euros and 22% thereafter.
Death of the insured party: If the insured party dies, the designated beneficiary must pay the inheritance and donation tax on the amount of the insured capital. Depending on the degree of kinship, there is an additional reduction of €9,195.49 for each beneficiary of an insurance contract who is the spouse or an ascendant or descendant.
See FAQs FAQs
Can I make additional contributions after contracting an annuity?
You cannot make additional contributions to the initial investment for annuities, but you can contract another annuity.
Can I change the frequency of benefits once I am receiving them?
No. Once the annuity contract is in force, you cannot change the frequency.
What is the minimum amount to contract an annuity?
You can subscribe to an annuity from €30,000, in either of their two forms.
How are the benefits taxed?
The benefits obtained have the nature of capital gains. Such gains are subject to a 19% withholding (2016) that is included in the savings base and subject to a progressive rate, ranging from 19% to 23%. However, annuities have a distinctive tax advantage: the capital gains are included in the savings base, but only at a percentage of the annual income received. This rate is based on the age of the insured person at the time they contract the insurance. For example, if it is contracted at 70 years of age, the percentage of the income that is taxed is only 1.52% instead of 19%, providing that the total returns generated do not reach 6,000 euros.
Can I recover my initial life investment?
You can exercise the right to redeem your annuity after the first year. The redemption value will depend on the market value of the assets in your portfolio at that time, and the capital contracted in case of death. The amount received will depend on the performance of the financial markets and losses may exceed the interest.
Who can I assign as the beneficiary?
As this is an insurance policy, you can choose who you designate as the beneficiary. If you do not do so, your legal heirs will be the beneficiaries.
IMPORTANT INFORMATION
-
Show/Hide legal textBankinter, S.A., as a BANCASSURANCE OPERATOR with registered office at 29 Paseo de la Castellana (28046 Madrid), recorded under Volume 1857, Folio 220, Page 9643 of the Madrid Companies Register, holder of TIN A-28157360 and registered with the special administrative registry of the General Directorate of Insurance and Pension Funds at the Ministry of the Economy and Finance (44 Paseo de la Castellana, 28046 Madrid), http://www.dgsfp.mineco.es, under the bancassurance operator code OV-0028, has taken out the civil liability insurance required under Article 152 of Royal Decree-Law 3/2020 of 4 February on urgent measures, which incorporates into Spanish law various directives of the European Union concerning public procurement in certain sectors: private insurance, pension plans and funds, and taxation and tax litigation.
The bancassurance operator has entered into insurance agency agreements with the institutions specified in the following link.
-
Show/Hide legal textBasic information about data protection. Bankinter Seguros de Vida, S.A de Seguros y Reaseguros will process your data for the following purposes: (i) in compliance with legal obligations; (ii) for the comprehensive and centralised management of your insurance contract; (iii) to ask doctors and healthcare providers to supply the data and medical history required to prepare the contract and protect your interests; (iv) to analyse and develop profiles to ensure the correct execution of the insurance contract; and (v) to contact you with information about products or services that may be of interest to you since they are similar to the ones you already have with us. To be able to inform you about the products and services mentioned above, we will analyse your personal data to create a profile that will allow us, by whatever channel we may use to reach you, to tailor our commercial announcements as closely as possible to your needs, tastes and preferences. Please also refer to the additional information about data information published by Bankinter Seguros de Vida, S.A de Seguros y Reaseguros.