The MSV Child Savings Plan has been specifically designed for parents and grandparents to plan for the future financial needs of their children and grandchildren, offering a very disciplined and convenient opportunity to start saving regular amounts.

The MSV Child Savings Plan is a regular premium-with-profits endowment policy that offers the flexibility to make an unlimited number of top-ups during the term of the plan. Alongside the nappies, pocket money, schooling and music lessons, there are longer term costs that can seem quite intimidating. Raising a child these days can be indeed very costly but expenses can actually be more manageable with careful forward planning. The MSV Child Savings Plan is a very easy, disciplined and tax-efficient(as per current legislation) way of starting to save for children from as little as €1.32 per day.

The earlier you start saving, the better placed you and your child will be for the future. You might want to help with the deposit for a house, a first car or a wedding, as well as other dreams such as a year travelling before or after university.

Just like the rest of Europe, Malta is experiencing a trend of diminishing savings. MSV Life is committed to play an important role in developing a stronger savings culture in Malta. Savings-related insurance products, such as the MSV Child Savings Plan, are simple yet disciplined and valuable medium-to-long–term investment instruments. Such products encourage families to start saving for their children from a very early age, especially since the current savings of most households are insufficient for their long-term financial security.

MSV Life p.l.c. is authorised by the Malta Financial Services Authority to carry on long-term business under the Insurance Business Act 1998. COM 120214