This article's goal is to clarify doubts regarding the launch of Coverflex's new investment product (PPR Coverflex REAL Seguro E) and the discontinuation of PPR REAL Seguro Poupança E.
Summary:
- What is the difference between PPR Coverflex REAL Seguro E and PPR REAL Seguro Poupança E?
- Can I transfer my PPR REAL Seguro Poupança E to the new PPR Coverflex REAL Seguro E?
- Can I continue to top up my PPR REAL Seguro Poupança E?
What is the difference between PPR Coverflex REAL Seguro E and PPR REAL Seguro Poupança E?
The difference is in the reduction of total charges* (from 1.25% to 1.00%) and in the reduction of the minimum amount for subscription and top-ups (from 105€ to 100.50€).
*The redemption charge, that was previously 1.00% in the first year, is 0.50% from the first to the fifth year. The entry charge, that was previously 0.25%, is 0.50%.
Can I transfer my PPR REAL Seguro Poupança E to the new PPR Coverflex REAL Seguro E?
Can I continue to top up my PPR REAL Seguro Poupança E?
Can I transfer my PPR REAL Seguro Poupança E to the new PPR Coverflex REAL Seguro E?
It is not possible to carry out this transfer. However, you can continue to manage your PPR REAL Seguro Poupança E policy through Real Vida Seguros, in myrealvida.pt. If you subscribe and reinforce the new PPR REAL Seguro Poupança E through Coverflex, you will have both policies available for management at myrealvida.pt.
Can I continue to top up my PPR REAL Seguro Poupança E?
You can top up this PPR through your Coverflex benefits balance until the end of April, 2023. After this date you will only be able to top up your PPR up directly through myrealvida.pt.