March Vida PPA

Why take out a March Vida PPA?

It is an individual insurance policy that will allow you to conveniently save some capital aimed at complementing your retirement and to benefit from interesting tax advantages.

Guaranteed return, which will be notified annually in advance.

Tax advantage: Reduction of contributions in the personal income tax base.

Transfer from other PPA or pension plans (individual retirement plans) to March Vida PPA and vice versa.

Additional death capital.

What does March Vida PPA offer?

Guaranteed return

An attractive interest rate is guaranteed for the first year, which will be reviewed annually.
At each renewal, the applicable interest rate for the following annuity will be notified.

Insured benefits and liquidity assumptions

Retirement, permanent disability, severe disability, death and severe dependency or great dependency.
Special liquidity cases: serious illness and long-term unemployment. Premiums paid at least ten years ago may be subject to surrender.

Tax advantages

Contributions made within the maximum legal limits (€1,500 per year or 30% of the total income from personal work or economic activities) may be reduced from the personal income tax base.

Coverage in the event of death

In the event of death, your beneficiaries will receive, in addition to the accumulated balance, an additional capital of 10% with a maximum of €6,000 or €600 from 65 years of age.

Learn about the features of our March Vida PPA

FEATURES	MARCH VIDA PPA
Guaranteed return	Annual
Liquidity	According to Plans legislation
Contributions	Flexibility in premiums
Extraordinary contributions	Min. €120
Maximum annual contribution	€1,500
Possibility of Transfer	Between PPA and pension plans
Taxation	Reduction in income tax base

Age limit

The maximum age for contracting this product is retirement age.

Home

Product for individuals residing in Spain. Not suitable for non-residents.

Precontractual information

Before the conclusion of the contract, you will receive the product information sheet with its main features.

Insurance legal information

Insurance company: March Vida Seguros y Reaseguros - DGS registration number: C0754. Distribution company: Banca March, S.A., registered in the Companies Register of the Balearic Islands (F76. T.410. L-334. H-PM- 644) with VAT no. A07004021. Banca March distributes insurance as an associated banking and insurance operator registered in the Special Register of Insurance Brokers of the General Directorate of Insurance and Pension Funds with number OV0040, and has professional civil liability insurance and sufficient financial capacity in accordance with the provisions of any applicable regulations. You can view the list of insurance and reinsurance companies with which we have an agency contract in force at this link: https://www.bancamarch.es/en/people/your-day-to-day/insurance/. This information is for commercial purposes, does not represent a contractual commitment and is merely illustrative or descriptive of the insurance product to which it refers, so it cannot be considered at any time as a recommendation to take out insurance products. The information collected is subject to the conditions and limitations described in the general and particular conditions of the insurance policy.