Real Vida Guaranteed Capital – Series 2

Real Vida Guaranteed Capital is a medium/long-term capitalisation insurance that guarantees capital and a minimum yield. There is a single contribution, the capital is guaranteed throughout the contract and the return is secured through a guaranteed gross annual rate.

In the first year, the rate is 2.60% gross annual nominal rate (TANB).
In subsequent years, the guaranteed rate corresponds to 70% of the average 12-month Euribor, with limits between 0.25% and 5.00%.

Yes. The capital is guaranteed at any time during the contract, corresponding to the amount invested less any charges and plus the accumulated guaranteed interest.

The contract has a fixed term of 8 years and 1 day, starting from the date indicated in the Particular Conditions.

No. The product only permits a single lump-sum contribution, with a minimum value of €1,000 and a maximum value of €250,000, at the time of subscription.

Yes, but only full withdrawals, partial withdrawals are not permitted.

In the first 2 years there is an early redemption fee (2% in the 1st year, 0.25% in the 2nd year). After that, there is no penalty.

Returns are taxed at an effective rate of:

• 28% up to the 5th year,
• 22.4% from the 5th year + 1 day to the 8th year,
• 11.2% after the 8th year + 1 day.

Reduced rates apply to residents of the Azores.

The Insurer pays out the Guaranteed Capital active on the date the death notification is processed. There is no stamp duty applicable to this payout.

Yes. Plan contributions can be treated as allowable business expenses for tax purposes, provided they represent employment income and vested rights for employees. Additionally, these contributions are not subject to Social Security contributions (Segurança Social).

Yes. An individual policyholder can exercise their right to cancel within the first 30 days (the cooling-off period) without needing to provide a justification. The Insurer may only retain proven divestment costs.