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BOV INSURANCE

Grow your savings

Reward your future self with a medium to long-term regular savings plan.

Invest your savings in a variety of funds

Invest money in the MAPFRE MSV Life With-Profits Fund or other funds managed by external professionals, depending on your financial goals.

Have full control of contributions to suit your needs

Make regular contributions starting from €40 per month, with the option to pause whenever you need. Make additional contributions from €500.

Enjoy a range of benefits for extra protection

Get access to the death benefit, funeral expenses benefit and more for free, and opt for additional benefits at an extra cost.

Plan details

What does this plan include?

Discover the details and benefits of the MAPFRE MSV Life Unit-Linked Savings Plan.

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Minimum contribution of €40 per month or equivalent.
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Opt for single or joint cover.
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Plan term of 10 years minimum and must end when the person covered is 75 years old.
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Make free additional top-ups of a minimum of €500 (no top-ups can be made in the final year of the plan).

What benefits do I get with this plan?

Learn about the benefits you get with the MAPFRE MSV Life Unit-Linked Savings Plan.

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Death benefit: Payment of 101% of your policy account value in the event of death of the person covered.
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Funeral expenses benefit: Receive up to €2,500 as partial pre-payment of your death benefit.
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Terminal illness benefit: Payment of up to 50% of the policy account as a pre-payment of the death benefit if you are diagnosed with a terminal illness.
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Cash surrender benefit: Option to surrender the plan in full before maturity. The surrender amount is calculated by applying the surrender charge (and market value reduction, if applicable) to the policy account.
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Maturity benefit: Payment of the policy account upon maturity of the plan.

You may wish to refer to the product documentation available in the Important Documents section hereunder or obtain a copy from any BOV Branch upon request.
DOWNLOADABLE RESOURCES

Important documents

Invest smart with the MAPFRE MSV Life With-Profits Pension Plan

Bank of Valletta p.l.c. is an enrolled Tied Insurance Intermediary under the Insurance Distribution Act, Cap. 487 of the Laws of Malta for MAPFRE MSV Life p.l.c. (MMSV). MMSV is authorised under the Insurance Business Act, Cap. 403 of the Laws of Malta. Both entities are regulated by the Malta Financial Services Authority.

The product is manufactured by MAPFRE MSV Life and is distributed by Bank of Valletta p.l.c

MAPFRE MSV Life Unit-Linked Savings Plan

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