GlobalCapital Life Insurance has re-launched the Fixed 100, an interest-sensitive Life Insurance policy. This single premium policy is both issued and underwritten by GlobalCapital.
The Fixed 100 is an ideal policy for individuals seeking a stable return on their Maltese liri as well the automatic transfer into euros when the currency conversion comes into effect in 2008.
The Fixed 100 is a tax efficient savings plan, which means that current income tax legislation exempts policyholders from being liable to any tax on benefits deriving from Life Insurance policies. However tax laws may change and one should seek professional advice on the matter.
Fixed100 also offers 100 per cent capital guarantee if the policy is held until maturity, a 6.6 per cent bonus rate on the net lump sum premium received in the first year and a 101 per cent life insurance cover.
Fixed100 is available from GlobalCapital which can be contacted on Freephone 8007 3131.