CRÈDITPLA ESTUDIANT ASSEGURAT

The CrèditPla Estudiant Assegurat allows you to save gradually over the years to pay for the potential expenses that you will face for your children’s education. 

This plan is designed for people who want to take out a savings plan to help prepare the future of their children, nephews and nieces, grandchildren or the minors in their care.

  • With this plan, you can build up your savings through regular (monthly, quarterly, six-monthly or annual) or one-off payments (minimum of €100).
  • This plan offers great flexibility as you can adjust, change or suspend your regular payments at any time.
  • In addition, you can take out additional life insurance policies that will pay out the full insured sum to the beneficiaries upon maturity of the policy in the event of the death or disability of the insured person (legal guardian).

*Product taken out with Crèdit Assegurances, SAU.

The CrèditPla Estudiant Assegurat guarantees:

  • Capital preservation. Your savings are guaranteed in full upon maturity (capital guarantee upon maturity of the product).
  • Performance is determined with maximum transparency. We offer a guaranteed net annual interest rate (net of fees and expenses). You will be notified of the interest rate at the beginning of each year, with performance determined annually in accordance with market developments.
  • The first withdrawal can be made once a period of two years has elapsed since the plan was taken out.
  • From the second year and up to 2 years before maturity, you can withdraw all or part of your capital (minimum of €300), subject to a penalty of 1% on the amount withdrawn. In this case, however, your capital is not guaranteed.
  • In the 2 years preceding maturity, the withdrawn amount will not be subject to any penalty.
  • Exceptionally, you can withdraw your money in any of the following cases: 

- If you are unemployed for more than 6 consecutive months.
- If the policy holder, their partner or any of their children becomes seriously ill.
- If you leave the country.

  • Capital is not guaranteed if you withdraw the funds of your own accord.
  • The plan will not mature until the child reaches the age of 18. If the plan is taken out once the child has reached the age of 14, the policy must be maintained for a minimum period of 5 years.
  • Upon maturity of the plan, the capital will be paid out in full in a single payment. This sum can then be transformed into income payments or a combination of capital and income if the client so wishes.