You're living life to the full and are optimistic about the future. Certain risks are still there, though. It's good to be prepared. Your provident insurance package is a savings plan and risk cover all in one. You determine the return and security profile for your savings and receive a guaranteed death benefit, premium exemption or annuity. That way, you and your family can be sure of being fully protected.
Your benefits
- Optimal provident insurance: Savings and comprehensive risk cover in a single package
- Attractive package bonus
- Choice of savings profile according to your personal needs
- Premium guarantee for the entire term of the contract
- Tax advantages
Secure capital for your future
You should be able to shape your own future. For this reason, the PREVIDENZA providenet insurance package allows you to do what you want with your money: you invest your contributions in funds, and select the savings profile that matches your return expectations and your security needs. With fund saving, you benefit from better potential returns than you would with traditional investments. You also save taxes because you can deduct your premiums under Pillar 3a from your taxable income each year. If your financial situation changes during the term of the contract, you can take a premium break and take advantage of other options.
Optimal risk cover for every situation
You cannot determine everything in life, as some risks will persist no matter what you do. But with this provident insurance package, you can protect yourself and your loved ones. If something happens to you, your surviving dependents will receive a guaranteed death benefit and will thus be protected from financial worries. Even in the event of incapacity to work, you are always on the safe side: after expiry of the waiting period, Generali will continue to pay your premiums so that you can still achieve your savings objective. You'll also receive a regular pension. This means that you enjoy optimal risk cover - and the exclusive package bonus increases your savings capital.
The right savings profile for you
Do you want to invest your money with the aim of achieving the greatest possible return? Is your focus on security? Or would you rather have a combination of these approaches? You can choose the option that best suits your needs from the three savings profiles we offer: Profit, Control and Capital.
Are you interested in sustainable investment opportunities?
With the PROFIT savings profile, you can select our sustainable investment plan “Tomorrow Invest”. With this option, you invest in companies with a proven commitment to a better world. We concentrate on Swiss companies.
Your benefits
You'll receive the survival benefit when the term of the contract ends. In the event of your death during the term of the contract, the death benefit will be paid out to your beneficiaries.
| Capital | Control | Profit | |
|---|---|---|---|
| Guaranteed maturity benefit | Yes | No |
No |
| Survival benefit | Total fund and guarantee assets, but no less than the guaranteed insurance sum | Total fund assets | Total fund assets |
| Guaranteed death benefit | Total fund and guarantee assets, but no less than the guaranteed insurance sum | Total fund assets, but no less than the guaranteed insurance sum | Total fund assets, but no less than the guaranteed insurance sum |
| Premium exemption | In the event of incapacity to work or impairment of basic faculties, Generali will assume payment of your premiums after the waiting period expires. | ||
| Incapacity to work pension | If you become incapable of working as a result of an accident and/or illness, you'll receive a regular pension on expiry of a waiting period. | ||
| Lump sum benefit for critical illness | If your remaining life expectancy is less than one year due to illness or accident, you'll receive the guaranteed death benefit immediately. | ||
| Additional lump sum death benefit | Optional: if an additional lump sum death benefit is insured, Generali will pay out a higher amount to your surviving dependents in the event of your death. |
Important questions
Capital
Your savings premiums are invested in the «Risk Control 30-2» investment plan.
Control
Your savings premiums are invested in the «Risk Control 30-2» investment plan.
Profit
Your savings premiums can be invested in our «Multi Index 25, 50, 75 and 100», aswell as our «Opportunity» investment plans. We now also offer our sustainable investment options «Tomorrow Invest 50» und «Tomorrow Invest 100».
On a monthly, quarterly, six-monthly or annual basis.
Premiums can be paid easily via direct debit. Finance the premiums via an interest-bearing premium deposit account and benefit from attractive interest rates.
Pillar 3a
- Premiums can be deducted from taxable income. You can find the current statutory maximum amounts here.
- No wealth or capital gains taxes are payable during the term of the policy.
- The payment is taxable at a reduced rate.
Pillar 3b
- Tax-free lump sums
| Type of insurance | Unit-linked combined endowment insurance (GA tariff) |
| Automatic premium adjustment | You have the option of adjusting the premium automatically to the 3a upper limit. |
| Age at entry/final age |
Final age under Pillar 3b |
| Term of contract | Capital: 15-45 years Control/Profit: 10-45 years |
| Beneficiaries | In Pillar 3a, the statutory beneficiary rules apply. The beneficiary may be freely chosen with Pillar 3b. |
| Surrender/waiver of premium |
It is possible to surrender the policy, take out a loan on it or request an exemption of premiums after having paid premiums for at least two years. SCALA allows the funds saved to be withdrawn on preferential terms. The Pillar 3a conditions must be complied with. |
Additional options
Flexible additional payments into the Pillar 3a, additional insurance cover and annual tax optimisation: with the additional payment option for your life insurance, you’re investing in your future and making sure you keep your financial freedom.
If the insured person dies during policy term, the insured sum is paid to the beneficiaries. For example, this supplementary insurance can ensure children's education or provide security for a loan.