Endowment Life Insurance
Insurance company CBL Life (AAS CBL Life) is a subsidiary of CBL Asset Management, a Citadele Group company, which provides endowment life insurance services to individuals and corporate clients.
Endowment life insurance is long-term savings with the opportunity to receive income tax refund, as well as add life and/or accident insurance.
Benefits of making contributions under the Endowment Life Insurance Contract:
Savings can be built up both by choosing one of the cautious fund-raising types and by investing your money dynamically in a fund or funds which are most suitable for you and which are managed by CBL Asset Management or another company; it is possible also to combine options dividing the risk.
* You can receive an income tax refund of up to 20% of the premiums having been paid to the endowment life insurance (if the contract is concluded for at least 10 years, if the contract is not terminated earlier than 10 years after its conclusion, or if a part of the savings has not been paid out), in amount which does not exceed 10% of the annual taxable income.