01.04.2011

Cardif debuts on structured products market

Insurance Company Cardif in cooperation with BNP Paribas Fortis has launched structured product in the form of life and endowment insurance, based on WIBOR 3M. This is Cardif's debut on the structured products' market.

This product provides to the customer the guarantee of his capital at the policy maturity with possibility of higher returns with no tax.
 
The investment period amounts 2 years. The product enables gaining tax free profit in the form of premium together with 100% capital return guarantee at the end of the investment. Maximum profit from WIBOR PROFIT, that is 7% yearly is comparable with over 8,6 % yearly bank deposit.
The product is also free from charge for purchase. Minimum amount of investment amounts 5 thousands zlotys.