Euro Global +
1. What is the Euro Global +?
Euro Global + is a unit-linked life insurance with benefit in case of death
| Annual payment | min. 1.500 - max. 10.000 € |
| Single premium payment | min. 3.000 - max. 100.000 € |
The term of the contract: minimum 15 years; maximum - 20 years.
2. What is the special feature of Euro Global + ?
Euro Global + is available with or without security option (at the beginning of the contract the client decides whether he wants to include the security option or not).
The client profits from the fund's performance. All income is reinvested within the fund. Withdrawal/payout of these distributions is not possible
The asset management company guarantees the payment of the units of the fund units due at the time.
3. Which funds are the basis of the Euro Global+ product?
Apollo Styrian Global - is an equity-based fund with high performance potential and higher possible volatility of share prices. The fund represents an attractive investment opportunity that focuses on first-class shares of the world's leading listed companies. The portfolio ensures a broad spread of risk through deliberate and comprehensive diversification. The carefully selected equities are based on established major companies on international stock markets.
Apollo 2 Global Bond - is a bond-based fund with the ideal combination of the highest possible performance and the lowest possible risk. The fund invests in bonds with good to very good credit ratings (average AA) from hard currency countries.As a bond fund with good credit ratings, the Apollo 2 Global Bond is a comparatively low-risk investment that is very well suited as a hedging instrument towards the end of the term of investment plans.
4. What is security option?
Without security option, all premiums during the entire contract term are invested in the Apollo Styrian Global Equity fund If security option is activated, the investment company additionally actively manages the fund shares during the last 6 years before the contract expiry and invests the insurance premiums during the second half of the contract term in the Apollo 2 Global Bond fund. Activation of security option is possible ONLY at the conclusion of the contract.
Buying of units depending on term in years | ||
Apollo Styrian Global Equity | Apollo 2 Global Bond | |
Total Term in years | phase 1 – lasts x years | phase 2 – lasts y years |
15 | 7 | 8 |
16 | 8 | 8 |
17 | 8 | 9 |
18 | 9 | 9 |
19 | 9 | 10 |
20 | 10 | 10 |
5. Examples for calculation - Euro Global +
Annual premium
Man/Woman, aged 30 years - annual premium EUR 3.000,00 - term 15 years, amount insured, EUR 45.000,00, death benefit sum EUR 2.250,00 | ||||
Years past | Surrender value* in EUR with | Mortality charge | ||
7% | 9% | 11% | ||
2 years | 3.115,-- | 3.221,-- | 3.328,-- | 1,17 |
5 years | 12.432,-- | 13.113,-- | 13.828,-- | 1,26 |
8 years | 24.262,-- | 26.364,-- | 28.652,-- | 1,50 |
10 years | 33.593,-- | 37.304,-- | 41.541,-- | 1,71 |
12** years | 46.605,-- | 52.949,-- | 60.232,-- | 1,98 |
15** years | 66.599.-- | 78.444,-- | 92.626,-- | - |
Single Premium
Man/Woman, aged 30 years – single premium EUR 30.000,00 - term 15 years, amount insured, EUR 30.000,00, death benefit sum EUR 30.000,00 | ||||
Years past | Surrender value* in EUR with | Mortality charge | ||
7% | 9% | 11% | ||
2 years | 30.873,-- | 32.040,-- | 33.228,-- | 7,78 |
5 years | 37.709,-- | 41.377,-- | 45.325,-- | 8,39 |
8 years | 46.044,-- | 53.428,-- | 61.825,-- | 10,00 |
10 years | 52.615,-- | 63.374,-- | 76.068,-- | 11,39 |
12** years | 63.300,-- | 79.145,-- | 98.541,-- | 13,17 |
15** years | 77.368,-- | 102.310,-- | 134.576,-- | - |
6. Where can I get more information about the Euro Global + product?
You can find more information about the product in the information sheet below as well as in the product brochure.