This product forms part of the MAPFRE MSV product range.
- A with profits regular premium plan, with a minimum premium of €40 monthly
- Provides you with a simple and secure medium to long-term investment
- Pays a lump sum at the end of the term of the plan
- If death occurs before the end of the policy, you receive a death benefit of 101% of your policy account
- The policy pays up to €2,500 for funeral expenses costs in the form of a pre-payment of the death benefit
- You can pay the premiums monthly, quarterly, half yearly or yearly
- The term of the plan can be between 6 and 57 years, as long as the plan ends by when you are 75 years old
- Anyone domiciled in Malta who is at least 18 years old can have this plan.
- The policy can be on a single life basis, or with another joint owner
- You can choose to add a level or reducing amount to life cover
- You can appoint one or more beneficiaries to receive the benefit under the Plan