Savings / Pension programs designed by top insurance companies and promoted through the Cooperative Bank of Chania.
Saving plays an important role in maintaining our standard of living, and this is the purpose of the carefully designed insurance savings programs promoted through our bank’s branch network. With the guaranteed returns provided, we ensure for you and your family the ability to meet your future needs.
The programs are primarily aimed at those who wish to build up a capital sum by the end of the plan through systematic savings or a lump-sum investment, gradually and with a long-term investment horizon.
Choose the plan that suits you according to your needs from the following options:
• Periodic payments with a guaranteed interest rate and/or guaranteed principal.
• Lump-sum payments with guaranteed principal.
Periodic payments with guaranteed interest and/or guaranteed principal.
Secure a guaranteed principal to cover future needs or additional income for your retirement, while enjoying:
• Guaranteed returns
• Guaranteed surrender amount every year
• Fixed premiums for the entire duration of the contract
• Guaranteed 20-year payment of monthly pension
• Option to receive a lump-sum payment instead of the monthly pension
Additionally, you have the option to add the WPA coverage (Waiver of Premiums). With this coverage activated, you are fully exempt from any premium payment obligations in the event of incapacity to work due to an accident or illness. If, during this period, you reach the retirement age and the policy is disbursed, you can receive your pension and lump-sum payment as if you had been paying your premiums regularly!
Lump-sum payments with guaranteed principal
Discover modern insurance-savings programs with a lump-sum payment that meet your needs, offering flexibility in your savings options and providing you with:
• Guaranteed returns for up to 15 years
• Guaranteed surrender value on the principal from the first year
• Guaranteed surrender amount every year
• Right to partial surrender up to a maximum of 50% of the policy’s surrender value, with a simultaneous reduction of the guaranteed maturity amount and the corresponding surrender amounts of the following years
The duration of the plan and the premium amount are determined according to your needs.
