Guaranteed Return or Guaranteed Income Insurance

It’s the best savings tool! It provides an annual return and a guaranteed minimum return. Also, during the scheme, you won’t have to pay tax on the return made. It’s an investment with practically no risks that allows you to take all your capital. They’re the best supplement to your pension.

A savings or investment insurance is a financial product that helps you make the most of your money. They are designed for a more conservative profile given their low risk, but their return is lower too. Even so, over the last few years, we’ve witnessed the rise of the Planes Individuales de Ahorro Sistemático (PIAS, individual systematic savings plans) and the Unit Linked schemes that offer tax reliefs on the return gained and the option in some cases to make regular deposits without exceeding a certain amount.

As you’ll see, the greatest benefit of a savings scheme is the tax relief. The interest earned is tax-free, but you often have to meet the conditions of the scheme.

If you’d like to supplement your retirement pension or see your savings account grow, investment or savings insurances are your best option. These are attached to a life insurance with which you’ll be able to cash in the relevant amount in the event of death. They also offer tax reliefs, guarantee a return and allow you to withdraw your money whenever you want.