Recent studies show that in the present tight situation on capital markets, investors in Austria are particularly concerned about their pensions. UNIQA’s new products are the best proof that low risk and high yield are no contradiction. The advantages of capital insurance (risk protection, guaranteed interest, no withholding tax on security income and no charges on security transactions) are combined with the advantages of investment and fund savings (yield and profit).

These desirable elements can be combined by investing in a company’s cover fund with a much higher share ratio than classical life insurance. 30% of the capital is invested in widely spread shares ensuring the highest yield at low risk. The remaining 70% are invested in fixed rate securities with a minimum yield of 2.25%. The net yield of this type of investment depends on the annual profit-sharing scheme and can reach from 5% to more than 7% (effective interest return before 10% withholding tax). The insured person can therefore achieve attractive yields without any speculative risks.

The minimum annual premium amounts to EUR 1,000 for a minimum maturity period of twelve years. The value of both UNIQA’s “Pension & Gestalten Zukuntsplan” and “Lebens-Aktie” offered by Raiffeisen Versicherung can be secured by means of an indexed contract.

Pension & Gestalten Zukunftsplan (Pension & Planning for the Future)     

This new UNIQA product is a classical pension insurance with a higher share ratio.Its main asset is a sound pension scheme ensuring a guaranteed life-long additional pension or insurance of the policy holder’s dependants. “Pension & Gestalten Zukunftsplan” also offers the possibility to make provision for disablement, which means that in case of total disability the insured person is fully covered for the whole period of validity, without having to pay premiums.

Lebensaktie (Life Share)

Raiffeisen Versicherung offers two types of investments: one for the accumulation of capital, the other for risk protection (compact version). The first type of investment aims at ensuring a private pension and pays, in case of survival, the contracted amount plus the profit-sharing surplus. the  case of premature death the insurance pays 50% of the sum insured and the accumulated profit-sharing amount. The compact version (risk insurance) is intended for the policy holder’s dependants or for cases of need, such as a severe illness or a stroke. The contracted amount plus the share profit is also paid in case of survival or death. At maturity, both versions allow the insured to choose between a monthly pension or immediate payment of the accumulated capital. Another option is to integrate modules covering the risk of death or invalidity by accident.

“As one of Austria’s leading companies for personal insurance, UNIQA uses its size and strength to offer a range of innovative products which are tailor-made to meet the needs of specific groups of the population. The new investment strategy for future pension schemes allows us to combine attractive yields with a maximum of benefit security”, declared Dr Christian Sedlnitzky, the member of the UNIQA’s Management Board responsible for life insurance.