I love life is a type of life savings insurance for the benefit of children.
It is intended for all that want to secure a certain amount of money for their children
or grandchildren when they become 19 years old, for their further education or to
help them start an independent life. I love life is suitable for dedicated
saving for the benefit of children.
The insured amount - increased by the realised profit share - is paid to the child
after expiry of the insurance. Expiry of the insurance is always in the year when
the child reaches 19 years of age.
It's good to know
The insurance can be purchased for a child from the moment of their birth up to
the age of 13.
The contractor is obliged to pay the insurance premium only for the first six years
of the insurance period.
The premium can be paid annually, semi-annually, quarterly, monthly or as a one-time
payment.
With this insurance, it is not possible to purchase additional accident insurance.