Individual savings plan

Individual savings plan

Your savings when you need them most

What does our insurance policy offer you?

At some point we all feel the need to save, to prepare our financial cushion for the future. ISPs Plus is a product which allows you to do so without it being an effort, by making the most of your money and allowing you to get it when you need it.

Benefits of this insurance

Realise your dreams

Plan out your savings so that you can have financial stability, face any unforeseen circumstances or realise any of your dreams.

Maximum flexibility

We adapt to your needs so that you can choose how and when you want to make contributions, with multiple payment methods.

Guaranteed savings with full liquidity

We guarantee returns that are 100% insured, and which we'll inform you of in advance. You will also be able to access your savings, fully or partially, whenever you need.

Individual savings plan
1 /6

This number indicates the product risk, with 1/6 representing the lowest risk and 6/6 representing the highest risk.

Information on returns

With the PIAS Plus individual savings plan we offer you offer a guaranteed 100% return at all times, so your savings do not run a risk. Once your particular case has been studied, we'll let you know the interest rate that will be applied. From the moment you take out the contract, you'll know the returns your savings will yield in the future, providing you with security and peace of mind.

FAQs

Our Individual Savings Plan is aimed at any person or family who wants to save money for their future without having to give up their current liquidity. It's a risk-free savings plan, which allows young people to prepare for future plans, such as having children, or for families who are looking for a savings project that doesn't compromise their financial situation.

You can access your savings, fully or partially, and the returns generated from them once one calendar year has elapsed since your first contribution. Due to the product's high liquidity, you can redeem amounts that you need and keep going with your savings plan.

If your objective is to supplement your retirement, and at least 5 years have elapsed since your first contribution, you can choose to receive the capital via a life annuity, in which case it will be exempt from taxation.

The applicable interest rate is guaranteed and will be communicated to you in advance for each six-month period. Initial and periodical contributions that you make, as well as other parameters, will determine your applicable interest rate, which will be communicated to you before formalising the savings plan contract.

You can make periodical contributions of a minimum of €42 per month. You can make these periodical contributions using the payment method that best suits your needs. You can also change the amount of the periodical contribution at any time. Furthermore, you can make one-off contributions whenever you like.

Why choose Plus Ultra Seguros?

Adaptability

Tax benefits

Guaranteed

Information of taxation

Your Individual Savings Plan 'PIAS Plus' offers you a savings solution with a highly favourable tax regime. All returns generated will be tax free when you recover the capital in the form of a life annuity, as long as at least 5 years have elapsed since your first contribution. You will also be taxed less on the life annuity received, depending on your age, organised as follows:

Taxation by age

AGE% TAXABLE INCOMEACTUAL TAXATION
< 40 years old40%7.60%
Between 40 and 49 years old35%6.65%
Between 50 and 59 years old28%5.32%
Between 60 and 65 years old24%4.56%
Between 66 and 69 years old20%3.80%
> 69 years old8%1.52%

Savings and investment insurance comparative chart

PRODUCTSDescriptionPayment methodsMinimum premiumDurationGuaranteedMaximum contributionRate reviewTotal redemptionPartial redemptionAdvances
SIALP long-term savings
Guaranteed savings with tax advantages
Flexible
42 €/month
5 years
Yes
5,000 €
Quarterly
Yes
No
No
Individual savings plan
Guaranteed, simple and with tax advantage
Flexible
42 €/month
Flexible
Yes
8,000 €
Half-yearly
Yes
Yes
No
Flexible savings insurance
Adaptive and guaranteed savings
Flexible
42 €/month
Flexible
Yes
No limit
Quarterly
Yes
Yes
No
Medium-term investment
Guaranteed profitability in advance
Single payment
600 €
6 years
Yes
No limit
No
Yes
No
Yes
Long-term investment
Highly profitable investment
Single payment
6,000 €
10 years
Yes
No limit
Yearly
Yes
No
Yes