Our Perla Junior Plan provides the opportunity of combining protection as parents and for your children’s future. This Plan enables you to regularly invest money for your children’s benefit. It combines the advantages of a “Unit–Linked” PERLA Retirement Plan for the benefit your child. When the child reaches the age of 18, 21 or 25 the plan can be converted into your child’s name and continue it up to an age of her/his choice. At the time of conversion your child may also opt to include life assurance cover up to an amount of her/his own choice. BenefitsYou can choose from a number of benefits available depending on your needs and circumstances.
Inflation ProofingInflation can erode your capital and thus your standard of living. It is wise to consider the impact of inflation when planning to invest for your future. To safeguard your investment you can choose to incorporate an inflation proofing rate into the plan where your premium can increase annually by 1% up to 7% in order to keep up with inflation. Choice of FundsYou an choose up to 5 funds from a range of independent sub-funds tied to our Perla Junior Plan and can invest a minimum of 20% in the chosen funds. You can spread your risk across several investment funds to suit your own ‘Risk Profile’. SwitchesOur Perla Junior Plan allows you to switch between various fund options at any point in time to be able take advantage of market developments. It allows one free switch per annum and further switches are charged at 2 % of the amount switched. FlexibilityOur Perla Junior Plan offers the flexibility, in that, it allows for changes to be made , before the policy renewal. Premium BoostersApart from your regular contributions, you can also make additional payments, for a minimum amount of €350 per year, to increase the savings element. Conversion optionYou can transfer the Perla Junior Plan, onto your child’s name on reaching the age of 18, 21 or 25 with your consent. Maturity Our Perla Junior Plan offers various maturity options including:
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