Seven years after starting its state-assisted pension product line, UNIQA reached the 400,000 customer mark in autumn 2010, retaining its clear leadership in this sector with a market share of 30% in Austria. UNIQA FinanceLife – the competence and expertise centre for unit- and index-linked life insurance for the Austrian UNIQA Group – offers state-assisted pension products for bank distribution via Raiffeisen insurance under “My Subsidised Life Pension” and via the UNIQA sales channels under “Pension & Guarantee”.
Pension & Guarantee – old-age provision with reduced premiums, expanded guaranteed benefits and more flexibility
- Life-long, guaranteed pension on the basis of today’s life expectancy
- Enhanced capital guarantee – reporting-date-based maximum guarantee
- Government subsidies of 8.5% to a maximum of 13.5% of paid-in insurance contributions
- Flexible payment: After the expiration of the minimum binding period, payments are available as a pension (as of the age of 40) or as capital (only 25% of income subject to subsequent taxation and 50% refund of state-subsidised premiums)
- Tax-free gap pension as of the age of 50 in cases of limited or full inability to work
- Life cycle model: Future-oriented investment through age-dependent, gradated adjustment of minimum share rate – for more security and optimal possible income
- Additional component: Pension refund guarantee in case of death
With the reduced premium old-age provision
“Pension & Guarantee”, UNIQA offers a
guaranteed life-long pension with flexible
payment terms.
