The primary purpose of Créavie Plus is to protect your family from the unforeseen.
Créavie Plus is also a pension plan that helps you build a retirement scheme for yourself.
How does the investment part of the plan work?
Every year, a guaranteed minimum rate of return is applied on the policy. In addition, your capital will be credited with compounded bonuses arising out of the company’s profits.
How do I get paid back on the policy’s maturity date?
When your contract matures, after the agreed number of years, you will receive your investment as a lump sum or as a steady income. Should you need money before the maturity of the contract, you have the freedom to withdraw all or part of your investment starting the 4th policy year.
How does Créavie Plus differ from other life insurance policies?
Créavie Plus offers you flexible payment options and the freedom to customize your policy according to your needs by adding extra benefit options.
What extra options can I add to my policy?
There are many additional benefits you can add to your policy without affecting the death benefit or the amount that you will receive at the maturity of the contract. For example:
- Family income protection
- Waiver of premium
- Additional term rider
Are there other benefits to Créavie Plus?
In addition to these extra options, Créavie Plus offers numerous coverages like the “accidental rider” that doubles the death or disability benefit in the event of an accident, “passive war risk protection” that covers the risk of death or disablement occurring as a consequence of war, or “terror risk protection” that covers the potential losses and liabilities resulting from terrorist activities. There are even more “optional extras” that your Libano-Suisse advisor will be glad to detail to you.
Can I invest with extra cash?
Absolutely! If you have extra cash, you can inject it into the policy to maximize your investment.
What is the cost of Creavie Plus?
Your Libano-Suisse advisor will help you define the amount of coverage you need for life insurance and calculate the related cost of your insurance (premiums).
For example:
A 30 year-old woman who pays a premium of $150 monthly, and has opted for a sum insured of $100,000 will get, after 35 years:
- A cash value of $157,678 for a projection rate of 5.5%
- A cash value of $195,260 for a projection rate of 6.5%
- A cash value of $242,689 for a projection rate of 7.5%
A 35 year-old man who pays a premium of $200 monthly, and has opted for a sum insured of $100,000 will get, after 30 years:
- A cash value of $153,005 for a projection rate of 5.5%
- A cash value of $183,269 for a projection rate of 6.5%
- A cash value of $220,012 for a projection rate of 7.5%
How do I subscribe to Créavie Plus?
Just contact Libano-Suisse and we’ll have an advisor visit you to tell you more about this product or
request a quote.
