The summary risk indicator is a risk level guide of this product as compared to other products. It shows the probabilities of the product losing money due to the evolution of the markets or because it might not be possible to provide the service agreed.
INVESTMENT 10: The risk indicator assumes that you will keep the product for 3 years. The actual risk may vary considerably in the event of early redemption, so you might recover less money.
INVESTMENT 30: The risk indicator assumes that you will keep the product for 3 years. The actual risk may vary considerably in the event of early redemption, so you might recover less money.
INVESTMENT 55: The risk indicator assumes that you will keep the product for 3 years. The actual risk may vary considerably in the event of early redemption, so you might recover less money.
INVESTMENT 85: The risk indicator assumes that you will keep the product for 5 years. The actual risk may vary considerably in the event of early redemption, so you might recover less money.
Transform your savings into a life annuity
Save comfortably
With this savings insurance you can accumulate capital in a convenient and flexible manner.
Tailored to you
You can tailor the investment to your stage of life and to the risk level that you wish to assume.
Unit-linked plan
You can obtain higher returns depending on your risk profile1.
Tax benefits
Transform accumulated capital into a life annuity and do not pay tax for the return obtained.
To have the chance of earning a greater return, you need to accept greater risk.
Past performance is not indicative of future results.
Contributions starting at €50 per month
With Univida Selection Systematic Individual Savings Insurance you can save capital through one-off, periodic and/or extraordinary contributions from €50 per month. The objective is to transform the accumulated capital (minimum of 5 years) into a life annuity and thus obtain a more favourable tax treatment.
Your money available anytime
You choose the right time to redeem your savings in full or in part according to your own interests, although the length of the term recommended is at least 5 years. The accumulated fund is transferable between institutions without taxation or loss of tax benefits.
Investment control*
You can choose between more or less risky investment portfolios and exchange them for another, whenever you want, depending on your needs and expectations of profitability and risks.
Surrender**
The surrendered amount will always be calculated at market value, withdrawing the relevant tax amount at the applicable IRPF rate. In the event of death, beneficiaries will receive additional capital on top of the accumulated fund***.
Key Investor Information Documents - Investment Baskets in Marketing
Information on other baskets not currently available (portfolio operations only)
Quarterly Reports - Baskets Investment in marketing
Quarterly Reports - Baskets currently unavailable (portfolio operations only)
It allows the accumulated capital to be converted into a future life annuity with a tax exemption on the returns if more than five years have passed since the first unused premium and legal contribution limits are met.
Yes, it can be changed four times a year at no cost. A fee is charged as from the fifth change.
At least €300, at most 70% of the accumulated capital and the remaining fund may not be less than €1,000.
If it is converted into a life annuity, the returns generated during the accumulation period are exempted from taxation if the legal requirements set forth for Univida Selection Systematic Individual Savings (PIAS) are met.
Yes, they can. The Univida Selection Systematic Individual Savings Insurance allows all or part of the accumulated money to be moved to another Systematic Individual Savings Plan (PIAS). To do so, the policyholder of the insurance must be the same in both cases.
This change has no cost for the customer and does not involve paying any taxes. Thus, the tax advantages gained during the savings period are not lost.
This insurance is governed by prevailing tax legislation.
Different taxes are applied depending on what happens:
If you are interested in taking out a Univida Selection Systematic Individual Savings Insurance, you can go to any Unicaja branch, where we will gladly assist you.
You also have the option of filling in the application form, indicating the branch where you would like it to be processed. We will then get in touch with you as soon as possible.
And if have any questions, do not hesitate to call our Customer Service Department at +34 952 60 67 67.
Insurance taken out with Unicorp Vida Cia. de Seguros y Reaseguros S.A. through Unicaja Mediación, S.L.U., a related banking-insurance operator, duly registered at the Special Administrative Registry of Insurance Brokers kept by the Directorate-General of Insurance and Pension Funds (Registration No. OV-0010), acting through the Unicaja Banco, S.A. network. Third-party liability insurance taken out according to prevailing legislation. You can query the insurance companies Unicaja Mediación, S.L.U. has entered into agency agreements with at www.unicajabanco.es/seguros.
(1) You are about to buy a complex product that may be difficult to understand. This is a life insurance linked to financial structures (baskets), the investment risk of which is entirely and solely borne by the Policyholder, who in this case assumes a certain level of risk depending on the basket chosen and the recommended investment holding period. Thus, in the event of the policy's redemption or the insured party's death, the Policyholder entirely assumes the investment risk. This insurance is not aimed at nor does it promote sustainable characteristics (Articles 8 and 9 of Regulation (EU) 2019/2088).
Premiums: maximum of €8,000 per year and a total of €240,000. At least five years from the first unused premium are required for redemptions to create a life annuity. The income thus generated may be tax exempt. Immediate life annuity incomes are taxed as investment income according to the prevailing percentages. If it is entirely or partially redeemed beforehand, the tax exemption is lost.
(*) The insurance company does not guarantee any interest rate or return. The assets' value is subject to the financial markets' fluctuations and beyond the insurance company's control.
(**) For partial surrender, the following requirements must be met: minimum amount of € 300, maximum amount of 70 % of the accumulated fund and the remaining accumulated fund cannot be less than € 1,000.
(***) 5% of the net contributions made until the first day of the month in which Unicorp Vida is certified of the insured party's death, within the limits set forth in the policy.
Can we help you?
You can also contact the Bank by calling at 952 60 67 67 or through the contact form.
The telephone service hours are Monday to Saturday from 8:00 a.m. to 10:00 p.m. (except national holidays).
