Occident launches a new issue of Capital Savings, a savings insurance product with a guaranteed annual interest of 2.9%

"Available until 30 April or until the allocation is depleted, this new issue allows customers to access a safe saving option in the current market context."

Occident has launched a new issue of its Capital Savings insurance, with guaranteed annual interest of 2.9% for the first year. This is a new issuance of this product, aimed at customers seeking profitability without assuming any risks in their investments.

Designed for conservative profiles, Capital Savings requires a minimum initial contribution of €10,000 and allows additional contributions starting from €3,000. Once the guaranteed rate period has ended, the product will be subject to a quarterly revaluation rate. In addition, the product includes an additional lump sum in the event of death, amounting to 4% of the guaranteed value.

As for its liquidity, the product allows full or partial redemption three months after contracting. In a similar vein, full redemption can be requested without penalty once nine months have elapsed.

Similarly to previous releases, the product offers telephone-based legal and medical advice as a complimentary service. Thanks to these complimentary services, Occident customers who have purchased this savings insurance policy can access legal advice 24/7 and connect with a healthcare professional via telephone or video call to address medical inquiries.

Capital savings is just one of the wide range of Savings products offered by Occident for all types of profiles and preferences. It is sold through the more than 13,000 mediators that form the insurance company's network, who understand the customers' needs and demands and can offer them the best solutions for their savings goals.

In this regard, Cristina Navarro, Occident's Director of Saving and Collective Life Products, highlighted that 'with this new issue we continue to strengthen our offer of saving solutions aimed at customers who prioritise security and stability in their financial decisions.'