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Citadel Insurance p.l.c. declares a bonus of 5%

Date: 03-07-2008

Citadel Life

Citadel Insurance p.l.c. (“Citadel”) is pleased to announce a bonus declaration of 5.0% on all its “with profits” policies;, which bonus will be credited to the policy accounts of all the CitadelLife Investment Bond, PERLA Protection and PERLA Savings policies active as at 31st December 2007.

The CitadelLife Investment Bond is a “with profits” single premium plan which was introduced into the local market during 2007. This product is a Euro denominated plan that offers a tax efficient vehicle and attractive returns.

The PERLA Savings Plan is a regular savings “with profits” plan that offers a guaranteed return of 3.5% on the invested premiums. A core element of the PERLA Savings policy is its inbuilt flexibility which offers a wide choice of life, disability and accident cover coupled with a choice of premium benefits to match the individual’s financial commitments.

As with all “with profits” policies, the level of bonus declared is dependent on the performance of the underlying investments. Since the introduction of these policies on the local market, Citadel has successfully maintained a consistent bonus declaration by adopting a prudent investment strategy in line with the Company’s commitment to deliver value to its policyholders.

Citadel’s corporate philosophy is structured and geared to design and provide innovative, secure and flexible insurance products.

Citadel Insurance p.l.c. is an insurance company authorised and regulated by the MFSA. For further information please contact our Head Office at ‘Casa Borgo’, 26, Market Str., Floriana FRN1082, or call Freephone 800 72322 or send an email to: info@citadelplc.com

Casa Borgo, 26, Market Street, Floriana FRN 1082, Malta

Tel: (+356) 2557 9000

Fax: (+356) 2557 9550

Freephone: 8007 2322

        

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E-mail info@citadelplc.com  
Branches: Il-Gzira, Il-Mosta, In-Naxxar, Paola, Haz-Zebbug, San Gwann, Iz-Zejtun, Victoria - Gozo




Citadel Insurance p.l.c is a company authorised to carry on general and long term business of insurance and is regulated by the Malta Financial Services Authority.