The Malta Independent 15 May 2024, Wednesday
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British American Life Re-launches Fixed100

Malta Independent Sunday, 5 June 2005, 00:00 Last update: about 11 years ago

British American Insurance Co. (Malta) Ltd, known as British American Life, recently re-launched the Fixed100 – a single premium life insurance policy issued and underwritten by British American Life.

Fixed100 policyholders are guaranteed a first year reversionary bonus rate of 6.6 per cent on the net premium invested*. From 1999 to 2004, British American Life has been able to maintain an average declared bonus rate of 5.83 per cent on all endowment policies, which represents one of the highest bonus payments paid by a local life insurance principle. A terminal bonus might also be paid on maturity of the policy.

Fixed100 invests in a life fund managed by British American Life, which in turn invests in a wide variety of carefully selected instruments that include bonds, property and equities. The product offers the policyholder a life insurance cover together with a guarantee on the total capital sum invested if held till maturity.

British American Life guarantees the net amount of premium paid, together with all declared bonuses if held till maturity. * Terms & Conditions may apply.

British American Insurance Co. (Malta) Ltd is a member of The Global Group and is authorised to transact long term business and is regulated by the Malta Financial Services Authority. Past performance is not necessarily a guide to future performance.

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