March Vida SIALP

Start saving now to supplement your retirement pension in the future

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Why contract March Vida SIALP?

Insurance that will allow you to save, in a convenient and flexible way, without having to pay taxes on the income generated after 5 years.

 

Guaranteed interest rate renewable annually.

Income exempt from taxation after 5 years.

You can access your savings at any time.

Additional capital in case of death.

What does our March Vida SIALP 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.

Liquidity

Liquidity in order to access your savings. No penalty fee will apply after the first year. Partial surrenders are allowed after 2 years of validity of the policy.

Tax advantages

Income exempt from taxation after 5 years as long as it meets the following requirements:

  • Do not exceed the maximum contribution of €5,000/year.
  • Availability in the form of capital.
  • Be the holder of a single Long-Term Savings Plan (SIALP/CIALP).

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 SIALP

FEATURES MARCH VIDA SIALP
Guaranteed return Anual
Contributions Flexibilidad de primas
Extraordinary contributions Mín. 120€
Maximum annual contribution 5.000€
Full surrender Sin penalización
Partial surrender No se permite
Additional death coverage 10% saldo (max. €6,000, €600 > 65 años)
Possibility of Transfer Between SIALP and CIALP

Age limit

The maximum age for contracting this product is 70 years.

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

Precontractual information

Before the conclusion of the contract, you will receive the product informative 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 ilustrative 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.

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