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Retirement Saving Plan

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What is it?


  • FransaFuture is a retirement saving and investment plan in USD coupled with a life insurance, covering natural and accidental death as well as total permanent disability
  • The insured has the choice to determine the capital to be saved (cash value at the end of the contract period) as well as the amount to be insured (insured capital)
  • The payments may be done on a monthly, quarterly, half-yearly or on a yearly basis with the possibility of being modified
  • Payment may be constant or progressive
  • The payment may start at USD 50 per month

Target:


  • Age of applicant: minimum 18 years, maximum 70 years
  • Period of scheme: minimum 5 years, maximum until client is 75 years old

Benefits:


  • Return on savings is determined every year by the company to be invested in the international financial markets to boost the performance of the product 
  • In case of death, the insured capital will be paid to the designated beneficiary (ies). In case the amount invested by the insured at the moment of his death is greater than the insured capital, the company will also pay this difference to the designated beneficiary (ies)
  • In case of total permanent disability, the insured capital will be paid to the insured 

Contract Flexibility:


The insured may: 
  • Modify the insured capital and/or the cash value, the duration of the contract, the frequency of payment, the premium amount and/or the premium variation
  • Make optional additional feedings and benefit from the return on savings
  • Cancel the contract before maturity
Possibility of withdrawing Money from Scheme:

  • The insured may opt to withdraw at any time, total or part of the amount saved:

    • Within the first three years, the program will be closed and the client will get:
    1. 50% of his savings, during the 1st year
    2. 70% of his savings, during the 2nd year
    3. 90% of his savings, during the 3rd year
    • As of the 4th year, the insured may:
    1. Request a partial surrender by withdrawing an amount equal or less to 90% of the investment value
    2. Request a total surrender by withdrawing the whole amount saved and the program will be closed

You can also benefit from FransaVenir which enjoys same benefits of FransaFuture in addition to:

  • Low monthly payment starting at USD 25 only
  • At maturity, the insured has three options to receive the amount saved
  1. As a lump sum amount
  2. As an annual income over a 10 year period
  3. As a life time annuity for further precautions (option to be chosen five years before maturity)