The Plan Junior is a savings and protection solution that will allow the youngest members of the household to build a capital for their future, so that nothing can stop them. This insurance product is aimed at minors who are related to the policyholder.
If you have children, grandchildren, godchildren or are the guardian of a child or children and you want them to receive the needed boost to allow them to fulfil their dreams, what are you waiting for?
Do you want to know if you are eligible to become a member of Mutualidad?
Thanks to this Plan Junior, family and friends will be able to make regular and/or one-off contributions whenever they want to help with future savings, always bearing in mind that any contribution, no matter how small, will be much higher when they receive it.
With just a regular contribution of €60 per month for 15 years, you can save almost €16,000.
This percentage will remain unchanged throughout the life of the insurance policy, except in Navarra, where it will be updated as the member reaches the age of majority.
The withholding tax rate in force at the time shall be applied to the calculated yield.
| Estimated final capital for a regular contribution of €60 per month | |
|---|---|
| Duration of the Plan Junior in years | Estimated capital* |
| 10 years | €9,293.08 |
| 15 years | €15,947.36 |
| 20 years | €24,327.15 |
| 25 years | €34,792.92 |
| *Estimated capital with an average annual return of 3% and an annual growth of contributions of 3% accumulated. Amounts expressed in euro. | |
When the maturity date of the Junior Plan arrives, there is total flexibility to receive the capital according to your needs: you can get it all at once or periodically, as if it were an annuity.
When choosing your cover, you can decide whether you want savings only – which includes a minimum death benefit -, risk only or savings and risk. In any case, the savings cover always includes a basic death guarantee which guarantees a payment to the savings system of 10% of the accumulated balance at the end of the month prior to death (unless the senior member is over 65 years old, in which case 1.1% will be paid).
The Plan Junior has advantages over other alternatives in the youth sector, such as children’s savings books and savings insurance.
If you are already a member, you can apply for this product by logging into your user area.
If you are not yet a member, you can sign up for this product by downloading and completing the application form.
We are at your disposal to answer any questions you may have about this product and its contract, do not hesitate to contact us.
There is no minimum age for taking out the Plan Junior; in other words, you can take it out from the moment the child is born. However the Plan Junior cannot be taken out after the age of 25.
The Plan Junior offers total flexibility to take out both Savings and Risk cover at the same time or, if you prefer, only the one you need. you decide!
The Plan Junior allows you to receive the money in the following ways:
At the same time, it offers the possibility of receiving payments without a monthly periodicity, always maintaining a remaining balance, with a yield payment up to a maximum of 30 years.
The balance would be transferred to a Plan Universal de la Abogacía that the Mutual Society would open for the same member.
Seguro de Salud Take care of the most important thing in life
Plus Vida * Securing the future of your loved ones
* Coverage included in the Plan Ahorro Flexible of the Plan Universal de la Abogacía
Plan Ahorro Flexible Your money available whenever you want it
* System included in the Plan Universal de la Abogacía