"The insurer will benefit transfers to plans GCO fixed mixed pensions, GCO variable income pensions and the guaranteed pension plan."
Seguros Bilbao rewards the loyalty of those clients who are saving for their retirement. The insurer has launched its pension plans campaign with which it offers a discount of up to 3% for transfers to its insurance products.
In order to enjoy this return, the amount of the transfers must be equal to or more than €2,500 and these transfers must be made to the following plans: GCO fixed mixed pensions, GCO variable income pensions and the guaranteed pension plan.
So, clients will receive 0.50% of the amount transferred in the next four years, to which an additional 0.25% may be added if the participant includes an annual premium of more than €1,200 to the plan. Furthermore, in order to enjoy this 3% discount, the client must have two additional policies with an average annual net premium of more than €100. In the case of investment funds as an additional policy, the fund must have a minimum amount of at least €1,000.
Pension plans are an investment and savings product for retirement that has certain tax benefits during the years in which contributions are made. For this reason, contributions made to a pension plan reduce the taxable base of the annual tax return, and so is a tax relief during the working life. The new insurance campaign from Seguros Bilbao will be in force until 30 June. All the conditions of this promotion are available at www.segurosbilbao.com
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