You can benefit from both protection and savings options, while you can flex your payment terms depending on the changes in your family economy with Savings Life Insurance.
While saving in foreign currency with AgeSA Savings Life Insurance; with the flexibility provided in product features, you can paid-up, loan money from your savings, change the premium you pay or make an additional premium payment whenever you want, starting from the 1st year of your policy. At the same time, your savings are valued and grown with AgeSA assurance in investment instruments that cannot be accessed on your own.
Who can benefit? All customers aged 18-60 |
Policy Term Fix 10 years |
Benefits
Savings
It is the amount of savings that has been invested and evaluated in the fund in line with the savings premiums you have paid.
Death Benefit
It is determined in line with the economic preferences of our customers, according to the savings premium and death benefit multiple determined.
Currency USD |
Premium Amount The minimum savings premium amount of the product is 30 USD monthly. On top of this amount, a protection premium will be added according to the death benefit in line with the selected death benefit multiple. |
Investment Strategy While saving in foreign currency; your savings are also valued and grown with AgeSA assurance in investment instruments that cannot be accessed on your own. |
Change of Premium In Savings Life Insurance; in line with your changing economic conditions, you can reduce your premium amount once and increase it once. |
Paid-up Option Starting from the first year of your policy, you can entitle to the paid up status. Depending on your circumstances, you can re-activate your policy by only paying your death benefit premium. |
Policy Loan From the first year of your policy, you can borrow money from your savings at any time without the obligation to pay back. |
Additional Premium You can expand your savings at any time by making additional premium payments. |
Tax Advantages
You can use half of the premiums you pay for tax advantages. The tax advantage you will gain can’t exceed 15% of the monthly gross wage and the total amount of the annual gross minimum wage.
For more detailed information about the tax advantage, you can review our Life Insurance Tax Advantage page.