Global Capital launches protected savings plan

Financial services group Global Capital plc has launched a protected savings plan providing a cautious savings option that provides financial protection.

The plan is an interest-sensitive regular premium endowment policy issued and underwritten by Global Capital Life Insurance Limited. Every year, an annual bonus is declared and added to the policy account. Once these bonuses are declared, they cannot be removed or changed, making this policy one of the safest savings tool currently on offer on the market.

Subscribers may opt for the basic policy, which does not require medical examinations and which includes a small death benefit that is free of charge. Clients may also opt to increase the level of death cover to safeguard relatives in case of sudden death.

At maturity, policy holders receive a lump sum payment. Any benefits paid to policy holders from the Global Capital Protected Savings plan are tax exempt, under current leglislation. Tax laws are subject to change.

For further information visit www.globalcapital.com.mt or call 8007 3131.