MAPFRE MSV Life Extends Unit-Linked Personal Pension Plan Special Offer Following Positive Customer Response

MAPFRE MSV Life has announced that it is extending the special offer on fund-linked personal retirement plans until the end of the current year.

“We are happy to announce that, following the excellent response we received to our special offer, we have decided to extend it until the 31^st December 2022,” said Michael Galea, Director of Business Development at MAPFRE MSV Life.

Under this special agent, MAPFRE MSV Life tops up €175 to new unit-linked personal pension plans when the policy is set up and the first premium paid by the client is allocated.

In addition, since the MAPFRE MSV Life personal pension plans are eligible schemes, clients may benefit, subject to eligibility, from tax credits made available by the government. The tax credit for 2022 is 25% applicable on a maximum contribution of €3,000 (i.e. a maximum tax credit of €750 per person).

“We are extremely pleased with the response to our campaign so far, with hundreds of customers having already taken advantage of our special offer as they started saving for retirement with a personal retirement plan linked to a living unit. MAPRE MSV,” Mr. Galea said.

“We continue to encourage people to start saving now for a very important life goal – to build enough savings to support their retirement lifestyle. We hope that the attractive offer we offer until the end of the year will help more and more people to take this first important step towards maintaining the desired lifestyle in the future”, concluded Mr. Galea.

This is a limited time offer and MAPFRE MSV Life reserves the right to close this offer early.

Terms and conditions apply and can be viewed on our website at https://www.mapfre.com.mt/personal-pension-plan/

• If you stop paying into your plan before your chosen retirement date, you may not get back as much as you invested.
• If you invest in this product, you will not have access to your money until the retirement date.
• The income you get from this investment can go down as well as up.
• Tax treatment depends on individual circumstances. Tax laws and the refund amount may change in the future.

MAPFRE MSV Life plc (C-15722) is authorized by the Malta Financial Services Authority (MFSA) to carry on long term business under the Insurance Business Act. MAPFRE MSV Life plc is regulated by the MFSA.