Death due to accident | The insurer pays out the sum assured and the value of the individual investment account |
Death due to illness | The insurer pays out the value of the individual investment account |
The Unit linked Life insurance EuroHorizon 2 invest in an investment fund, managed by KBC Asset management:
Optimum Fund World Fix 100-1
ISIN: BE6340030137
The fund’s aim is to pay on the maturity date 100% of the initial amount of the net invested sum through investing in bonds and cash as well as to generate a fixed minimum yield at the end of the contract period in the amount of 5% of the net invested amount and a possibility for additional yield at the end of the contract period up to 40% of the net invested amount, depending on the performance of the fund (possible total maximum yield of up to 45%).
The fund’s yield is linked to the performance of a global-selection basket of assets, involving 30 companies with high market capitalization.
**The net invested amount is the one-off premium (invested amount), less the entry fee, which includes the premium for the covered Death due to Accident risk and administrative expenses of the Insurer.
The investment part of your premium (the paid one-off premium less the entry fee) is being invested in Optimum Fund World Fix 100-1 through the purchase of investment units.
Upon expiry of the insurance period you will receive the deposited funds of the net invested amount (the net invested amount is the one-off premium /invested sum/ less the entry fee, which includes the premium for the covered Death due to Accident risk and administrative expenses of the Insurer), as well as the fixed yield at the contract period end equaling 5% of the net invested amount.
Upon an achieved positive change in the value of the investment fund’s units on the maturity date, additional yield may be achieved, as it is restricted up to 40% of the net invested amount for the entire period of the investment.
You can find more information about the investment strategy of the fund in the fund prospectus and in the Key information document.