Occident launches a new issue of capital Savings, a savings insurance product with a guaranteed annual interest of 3%

"Available until 30 June, or subject to availability, the product offers a savings alternative geared towards customers seeking security in the current market context. "

Occident has launched a new issue of its capital Savings insurance, with guaranteed annual interest of 3% for the first year. With this new issue, available until 30 June or until the product is sold out, the insurer reinforces its offer of solutions aimed at customers with a conservative profile who prioritise the protection of their capital and are seeking to obtain a return without assuming risks in their investments.

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.

The product also offers flexibility and liquidity, allowing full or partial redemption three months after contracting. In a similar vein, full redemption can be requested without penalty once nine months have elapsed.

At the same time, capital Savings offers telephone-based legal and medical advice as a complimentary service. As such, 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.

The insurance is part of Occident's wide range of savings and investment solutions, designed to adapt to different profiles, objectives and time horizons. The product is marketed through the insurer's network of more than 13,000 mediators who accompany and advise customers to identify the options that best suit their financial needs.

In this regard, Cristina Navarro, Director of Saving and Collective Life Products, emphasised that 'this new product launch responds to demand from customers seeking safe, stable savings solutions with a guaranteed return from the outset.' She also states that 'our goal is to support them with products tailored to their needs at every stage.'