Available for Norwegian residents
Privilege IPA is a private pension insurance policy, generating Regular Income Payments starting from your retirement age.
This unit linked pension contract allows our clients to combine investments in mutual funds from renowned fund houses.
Privilege IPA is exclusively available in a single premium version with a minimum investment premium of NOK 20.000. The product is reserved to clients who wish to transfer the IPA (Individuell pensjonsavtale) they have with other insurance companies.
| Key features |
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| Legal form |
Private Pension policy
|
| Duration |
-Until the end of pension payments specified
- Until the death of the Assured Life if earlier, or if the Assured Life has specified one or more Beneficiaries then until the death of all surviving Beneficiaries.
|
| Currency |
Nok |
| Investments |
- Minimum premiumNok 20.000, only transfers from other insurance companies |
|
Types of funds |
Mutual funds |
| Fund switching |
Possible at any time, free of charge.
|
| Availability of your investment |
Transfer to another insurance company and full surrender if the value of the policy was below 1,5G 31.12.2006 |
| Death cover
|
Value of the policy transfers to the beneficiary on a new policy over 10 years.
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About Altraplan
