1. The total guaranteed technical interest is 0.05% during the first annuity; after this period, the interest rate can be renewed according to the conditions that are determined at that time. The guaranteed minimum interest will always be 0.05% until maturity. The new conditions and the renewal interest rate will be established thereafter.
2. The first period of the insurance will have a time horizon of a maximum of ten years. Once the maturity date has expired, the insurance can be extended for periods of 12 months, according to the terms and conditions of renewal. Specifically, the extension will be automatic if the interest rate of €STR is 2.05% or higher. The €STR interest rate is the euro short-term interest rate administered by the European Central Bank and is designed to reflect the cost to banks of borrowing funds on a very short-term (overnight) basis from different counterparties without providing collateral. Otherwise, the extension will be subject to the insurer's decision. The contract will be automatically resolved on the maturity date if the net amount on which the extension is applied is less than €50 or if the insured person has, on the maturity date of the contract or any of its extensions, reached the age of 80 or more. Refer to the terms and conditions of the contract.
3. The provision of the money saved will, where applicable, be subject to the tax applicable at the time of the redemption.
4. The minimum contribution amount is €50 per month. The maximum contribution in CaixaFuturo is €10,000 per year. In the event of redemption or payment upon maturity, the returns are taxed as capital gains. In the event of the insured person's death, the individual beneficiary must pay tax on inheritance and donations tax (ISD) and the amount of the capital will accrue to the rest of the inheritance value for the purposes of tax calculation. As it is a life insurance policy, it allows the beneficiary to have the possibility of applying a single reduction, depending on the degree of relationship with the policyholder. This amount is variable according to each autonomous community.
Information subject to the special and general terms and conditions of each policy, as well as subscription terms and conditions. CaixaFuturo is savings insurance from the insurance entity VidaCaixa, S.A.U. de Seguros y Reaseguros, with Tax ID A-58333261. CaixaBank, S.A., exclusive banking and insurance operator for VidaCaixa, SAU de Seguros y Reaseguros and authorised by SegurCaixa Adeslas, S.A. de Seguros y Reaseguros, with tax ID A08663619 and registered offices at Calle del Pintor de Sorolla, 2-4, 46002, Valencia. Listed in the Spanish Directorate-General of Insurance and Pension Funds Registry of Insurance and Reinsurance Distributors under code OE0003. It has the corresponding professional civil liability insurance in place to cover any liabilities that may arise due to professional negligence, as required by law. See the company website for more information.
