Citadel Insurance declares 4% bonus rate.
Citadel Insurance plc has announced a bonus declaration of 4% on all its ‘with-profits’ policies. The bonus will be credited to the policy accounts active as at December 31, 2012 on all of the CitadelLife Investment Bonds and the Perla Savings policies. In accordance with the terms of their contract, policyholders of the Perla Protection Plan will be credited with the guaranteed 4.5% bonus.
Angela Tabone, Managing Director of Citadel Insurance plc stated “Once again our valued policyholders have benefitted from the application of another market leading bonus rate combined with a minimum guaranteed return.” Over the last 10 years, the company has declared an average annual bonus rate of 4.5%.
The CitadelLife Investment Bond and Perla Savings Plan are tax efficient life insurance policies in terms of current tax legislation. Furthermore, Citadel’s Perla Savings Plan offers a minimum guaranteed return of 3.5% on the invested premiums while no up-front allocation fee is being applied to the ‘CitadelLife Investment Bond’, a single premium policy, under the terms of the current special offer.
Regulated by the MFSA, Citadel offers a wide range of life and general insurance solutions. For more information call on 8007 2322 or log on www.citadelplc.com.