Benefits

The “SmartFlex capital plan” endowment insurance is ideal for investing existing assets as part of your pension and estate planning, thanks to tax benefits as well as privileged status in the event of death or bankruptcy.

With the SmartFlex capital plan, part of the one-time investment is put into return-oriented capital that is invested in a widely diversified equity fund according to the investment theme. The other part goes into safety capital on which interest is paid. The capital plan can be adapted flexibly to suit customers’ needs and offers free security options.

Investment themes

With the SmartFlex capital plan, you can decide for yourself in which areas your capital will be invested on a yield-oriented basis. The investment themes allow you to choose a financial investment according to your own personal preferences. The investment themes each include an investment fund with 100% shares, are broadly diversified and denominated in Swiss francs.

Particularly in the case of a longer investment horizon, and taking into account your risk profile, a higher proportion of shares would be appropriate as temporary price fluctuations are less significant. The return on these funds is automatically reinvested.

• Investment theme Global
• Investment theme Dividend focus Switzerland
• Investment theme Climate 

Pillar 3b beneficiaries

Free choice of beneficiaries. Can be modified in writing at any time. 

Privileged inheritance status

Life insurance capital does not form part of the deceased’s estate, but is paid out to the beneficiary directly. Beneficiaries who are family members receive the insurance benefit even if they renounce their inheritance.

Privileged status in the event of bankruptcy

To ensure their suitability as family retirement provisions, life insurance policies enjoy a privileged legal status in the event of bankruptcy or debt collection proceedings.

Provided the spouse/registered partner, children or parents are beneficiaries, life insurance claims may be pledged before they are due, or included in the bankruptcy estate of the policyholder.

Tax benefits

Outpayments are tax-free provided the following criteria are met: 

• Conclusion of contract before the 66th birthday
• Length of contract is 10 years 
• Earliest outpayment may begin on 60th birthday 
• The policyholder is also the insured person

Product advantages of Smart Flex capital plan

• Flexible investment split between safety capital and return-oriented capital
• Choice of three attractive investment themes
• Low fund costs
• Preferential interest rate on the safety-oriented part of the investment
• Free security option “Investment management”: Staggered investment of your inpayment means a reduced risk of unfavourable timing of investment.
• Free security option “Contract maturity management”: To reduce investment risk toward the end of the contract, the return-oriented capital is gradually reallocated to the safety capital “flex”.

Coverage

Coverage or financing for home ownership.

With life insurance policies offered in cooperation with AXA, policyholders enjoy privileged protection. Insurance companies are obliged to cover claims under life insurance policies at all times as these are regarded as tied assets. If AXA were to become insolvent, securities (actuarial reserves and surplus share) from ongoing contracts would primarily be transferred to another insurance company which would take over responsibility for continuing the policies. If no transfer to a new insurance company takes place, the entitled persons receive the contractually guaranteed redemption value. Insurance companies are subject to supervision by the Swiss Financial Market Supervisory Authority (FINMA), which ensures the solvency of insurers and protects insured persons against abusive practices.