This article clarifies the main questions regarding the Seguro de Capitalização Grupo Aberto.
Summary:
- Do I need company approval to join this product?
- How does the Seguro de Capitalização Grupo Aberto, from Real Vida Seguros, work, and what are the product conditions?
- How can I manage my Seguro de Capitalização Grupo Aberto?
- What are the conditions to access the accumulated value of my product?
- How can I make a top-up outside the Coverflex platform?
- What steps should I follow to transfer money from my product to another fund manager?
Do I need company approval to join this product?
As long as it's available on the Coverflex app, you can join whenever you want and start saving. No further approval or paperwork is needed!
How does the Seguro de Capitalização Grupo Aberto, from Real Vida Seguros, work, and what are the product conditions?
You have complete flexibility regarding the frequency of contributions!
You can make them whenever you want, as long as they are at least €25, and yes, there's a 1.75% fee on each contribution. The redemption fee is 0%. You can make a redemption directly on the MyRealVida platform. This process takes 5 business days.
The Profitability Rate is defined at the beginning of each calendar year, but the capital is always guaranteed.
How can I manage my Seguro de Capitalização Grupo Aberto?
After subscribing to your Seguro de Capitalização Grupo Aberto in the Coverflex app, you will receive an email from Real Vida Seguros within five working days. In this e-mail you can find the credentials to manage your policy through My Real Vida.
In this platform, you'll be able to consult all your movements and any existent documentation (such as your IRS declaration) and/or request partial or total withdrawal of your investment.
You can also continue to top up your policy through your Coverflex benefits balance at your Coverflex app (and you'll also receive a confirmation email within 5 business days)!
What are the conditions to access the accumulated value of my product?
You can receive the accumulated value whenever you want. You can choose to receive the total value:
- In a single payment from the insurer;
- In several consecutive payments;
- In lifelong payments;
- or In any combination of the above options.
How can I make a top-up outside the Coverflex platform?
Currently, there is no possibility to make additional contributions outside the Coverflex platform.
What steps should I follow to transfer money from my product to another fund manager?
This product does not allow transfers. Alternatively, you can make a total redemption of the values.