KBC-Life Save Plan

The KBC-Life Save Plan lets you gradually build up a nest egg for yourself or someone else (such as your child or grandchild). You decide when and how much to put in. You receive a guaranteed rate of interest on each net deposit until the end date of your contract. This rate is currently 2%. The interest rate on the amounts you’ve already paid in is guaranteed until the end of your contract, though it may change for future deposits.

In addition to the certainty of a minimum return, you could receive an annual profit share. The profit share is not guaranteed and can vary from year to year, depending on the economic situation and the results of KBC Insurance. KBC Insurance is neither legally nor contractually obliged to share its profits.

This product allows your savings to grow at your own pace, while ensuring you remain in control. With the KBC-Life Save Plan, you save for a period of at least 10 years. At the start, you are the one who decides when to receive your savings.

The KBC-Life Save Plan also gives you the opportunity to save for someone else, such as your child or grandchild. You designate one or more beneficiaries who’ll receive the accumulated savings when the contract ends or if you die before then.

In the meantime, you retain control over the contract and the amount accumulated under it. If you like, the money can always be paid out earlier, subject to the applicable conditions, taxes and charges. 

Feel free to make an appointment. Our experts will tell you everything you need to know.

It is important to bear in mind that the tax rules may change in the future.

This product promotes environmental and social characteristics that enable it to make a positive impact on the environment and society. However, it does not have sustainable investment as an objective. We also strive to reduce any detrimental impact on the environment and society by pursuing responsible investment policies. More information in this regard can be found in our product fact sheet.

You designate who receives the accumulated capital should you die.

If you’re saving for a child or grandchild, you choose who you’re saving for. That person will receive the accumulated savings if you die or when the contract ends.

The risk indicator is 3 on a scale of 1 (lower risk) to 7 (higher risk).

This is used to measure the level of risk associated with this product compared to other products. It shows how likely it is that investors will lose money on the product because of movements in the markets or because no money is available to make payments.

KBC-Life Save Plan is covered by the Belgian deposit-protection scheme for guaranteed-interest life insurance. The scheme is triggered if it is established that KBC Insurance has defaulted. The protection currently amounts to 100 000 euros per policyholder for all reserves combined that are held with KBC Insurance under protected guaranteed-rate life insurance contracts.

If you withdraw your reserves early, you may receive less than what you’ve put in due to the deduction of taxes and charges.

• KBC-Life Save Plan is a guaranteed-interest savings insurance product in which the insurer bears the investment risk.
• This product is governed by the laws of Belgium.
• The insurance must be taken out for at least 10 years. You choose when your contract ends.
• Your intermediary is the first point of contact for any complaints you may have. If no agreement can be reached, please contact KBC Complaints Management, Brusselsesteenweg 100, 3000 Leuven, complaints@kbc.be, tel. 016 43 25 94. If you cannot find a suitable solution, you can contact the Belgian insurance industry’s ombudsman service: Ombudsman van de Verzekeringen, de Meeûssquare 35, 1000 Brussels, info@ombudsman-insurance.be. Alternatively, visit www.ombudsman-insurance.be. This does not affect your legal rights.
• To get a KBC-Life Save Plan quote, drop by a KBC branch or contact KBC Live.

This information can also be obtained free of charge from your KBC intermediary.