Why choose KBC-Safe 26?
If you're looking for a safe, long-term investment for a legal entity such as a company or non-profit organisation, then KBC-Safe 26 is an answer to your needs.It's an investment product giving you a guaranteed interest rate (currently 2.30%) on each deposit, right up to maturity (eight years). In addition, this return may be supplemented with an annual variable profit share.
Main features of KBC-Safe 26
Guaranteed rate of interest
With KBC-Safe 26, you benefit from a guaranteed return. Interest accrues on your deposit from day one, right up until the maturity date of your contract. At present, the interest rate is 2.30% for contracts with an eight-year term.
Fixed term
KBC-Safe 26 is a long-term investment with a term of eight years, though this does not mean that your funds are tied up for that entire period. On the contrary, you can access your money at any time. However, you will have to pay an exit charge if you decide to withdraw your money early. If you let the investment run to maturity, you pay no exit charge at all.
Amount of your deposit
You can invest a minimum of 25.000 euros and a maximum of 5.000.000 euros (including charges) in KBC-Safe 26. No further deposits can be made during the contract term, but you can of course take out a new contract if you want to invest further.
Variable profit share
If the economic situation and KBC Insurance’s earnings allow, this income can be supplemented annually with a variable, non-guaranteed profit share.
Charges
| Entry | 2,5% on each deposit |
| Management | Free of charge |
| Exit | Free of charge on the maturity date. 0.5% of the accrued reserve. A supplementary exit charge may be payable depending on the economic circumstances in the case of early surrender. |
Tax treatment
| Withholding tax | Whether the contract is surrendered or reaches maturity, the total return (basic return + profit share) is subject to withholding tax. |
| Insurance tax | Not applicable. |
Risk
Investment aim:
Class 26 capitalisation transaction whereby the investment risk is borne by the insurance company.
Risk indicator:
2 on a scale of 1 (lower risk) to 7 (higher risk).
Additional info
KBC-Safe 26 is a guaranteed-interest (class 26) capitalisation contract issued by KBC Insurance NV and subject to Belgian law.
Further information on this product is given in the product fact sheet and in the key information document. Be sure to read these documents before taking out this product.
Complaints
Your intermediary is your first point of contact for any questions and complaints you may have. If you have a complaint, you can also e-mail us at complaints@kbc.be or call us on tel. 016 43 25 94 (free phone) or send your complaint to the Insurance Ombudsman, de Meeûssquare 35, 1000 Brussels, info@ombudsman-insurance.be.
