Orchidea
Orchidea developed by MetLife Europe Limited, which is part of one of the largest financial institutions in the world.
Orchidea is an exceptional insurance product with characteristics of an investment, offering you a long-term solution to investing in financial markets while providing you with a guaranteed income for as long as you live.
What is it?
- It gives you peace of mind by locking-in gains associated with strong market performance - therefore allowing for your desired lifestyle - while protecting your investment against fluctuations in the underlying investment
- It allows control of your invested resources by giving you access to your money at any time
- It gives the option of changing the chosen fund without charger up to two times before starting to receive your Guaranteed Payments for life
- It gives additional security for your close ones in the event of your death
What are the major benefits?
- Reviewing the amount, used to determine your Guaranteed Payments, every three years and locking-in fund value gains higher than the 3% increases you have every year as a minimum
- Deferring initial receipt of your Guaranteed Payments allows you to take a higher Guaranteed Percentage at the time you begin taking your Guaranteed Payments
- Rewarding you for every year that you defer taking your Guaranteed Payments
- You can always add to your initial premium in increments of 5,000 EUR at a minimum
- At any time, you can take a partial surrender, minimum of 1,500 EUR, or full surrender
- You are free to choose the frequency of your Guaranteed Payments; monthly, quarterly, half-yearly or yearly payments
Who is it for?
For those who have a bank account in Bank Handlowy w Warszawie S.A. For people who are between 40 and 75 years of age and want to allocate at least 10,000 EUR, and up to 1 500 000 EUR. Enables you to lock-in investment gains when stockmarkets rise, and guarantee a payment for life. This means you can remain fully invested for growth secure in the knowledge that your payments are guaranteed, allowing you to continue enjoying your lifestyle.
Product is offered by MetLife Europe Limited.
