Investments
The assets are invested by Zurich Life Insurance Company Ltd as part of a collective life insurance agreement. This contract stipulates that Zurich Life Insurance Company Ltd is to ensure all benefits set out in the regulations. In addition to the risks of disability and death, this also includes capital market risks.
Zurich pursues a conservative investment strategy with a relatively high proportion of government and corporate bonds.
Interest earned
Interest is earned on the savings capital in accordance with the collective life insurance tariff, and the interest rate is reviewed each year. In addition to fixed interest, the insured can also benefit from
surplus generated by the savings capital. Zurich also distributes additional surpluses if the disability and death premiums have been calculated too conservatively – i.e. if fewer claims have been made than assumed.
Insurable benefits
Vita Plus offers a broad range of choice. The companies can choose whether they would like to have additional retirement savings capital in addition to risk coverage. The pure risk plans (plans without a savings contribution) make it possible for companies to close gaps in the insurance of their senior staff or to offer additional risk benefits to a selected group of persons. In combination with additional savings benefits it is also possible to close gaps in old age. Companies naturally benefit from the tax advantages of the occupational retirement provision.
Further information about the Vita Plus Collective Foundation
Annual key figures, composition of the foundation board and information on other institution can be found here.