CNP CYPRIALIFE - Cypria Junior Saver

Cypria Junior Saver

Cypria Junior Saver

Unit linked student plan that acts as a systematic investment tool for capital formation to support student needs, through the Income Fund.

BENEFITS

Cypria Kid’s Care Benefit

Free Cypria Kid’s Care benefit addition for one child.

Investment Rates

High allocation rates from the early years.

WHO IS THIS FOR

Individuals up to 60 years old, who want capital formation through systematic investment. 

HOW DOES IT WORK

PRODUCT CHARACTERISTICS

  • Overview

    Cypria Junior Saver is unit-linked insurance plan that can be used as a means to:

    • form a capital to cover student needs
    • tax relief
    • death by any cause coverage
  • Duration

    10 to 20 years.

  • Expiry Age

    75 years. 

  • Investment Options

    Cypria Junior Saver invests exclusively in the Income Fund. The Income Fund guarantees that the investment unit price will never be lower than the previous week's unit price. The interest rate on the units' investment is announced at the beginning of each semester.

  • Additional Coverage of Cypria Junior Saver
    1. Waiver of Premium up to 60 or 65 years old
    2. Waiver of Premium due to temporary disability
    3. Cypria Kid's Care (free for one child)
    4. Lump sum Payments (Booster)

    *For Modifications, such as premium reductions / increases, etc. please consult your Insurance Agent.

  • PRIIPS

    Download the form here

MORE INFO

For further information on the exclusions, surrender charges and other terms of the Policy, you can ask the Company or your Insurance Agent to give you a sample of the Policy conditions, so that you can read it and make sure it fully meets your insurance needs.

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