Citadel Insurance announces 5% bonus

Citadel Insurance PLC has announced a bonus declaration of five per cent on all its "with profits" policies, the Perla Protection and Perla Savings plans. This bonus will be credited to the policy accounts of all Perla Protection and Perla Savings policies as at December 31, 2006.

The Perla Savings Plan offers a guaranteed return of 3.5 per cent on the invested premiums. As with all "with profits" policies, the level of bonus declared is dependent on the performance of the underlying investments. Since the introduction of these policies on the local market, Citadel has successfully maintained a consistent bonus declaration by adopting a prudent investment strategy.

A core element of the Perla Savings policy is its inbuilt flexibility, which offers a wide choice of life, disability and accident cover, coupled with a choice of premium benefits to match the individual's financial commitments.

The Perla Savings plan reflects the company's commitment to its policyholders. Citadel's corporate philosophy is structured and geared to design and provide innovative, secure and flexible insurance products. Citadel Insurance plc is an insurance company authorised and regulated by the MFSA.

For more information call Freephone 8007-2322 or e-mail info@citadelplc.com.