Retirement Products

The Carefree Life Retirement Annuity Fund

Assupol Life, your partner on the road to a carefree retirement.

The Carefree Life Retirement Annuity Fund offers you an affordable alternative to providing for your retirement.

INVESTMENT FEATURES

  • Easy transfers from other retirement funds.
  • You can choose an investment portfolio to match your investment risk profile.
  • Switch between investment portfolios at a minimal cost.
  • Actual benefits will depend upon the rate of actual investment return earned and the extent to which this return is reduced by taxation and expenses.

BENEFITS

  • Take up to one third of the accumulated funds at retirement as a cash lump sum, while the balance is used to purchase an annuity.
  • Any retirement age from 55 can be selected.
  • Early retirement is possible in the event of disability or ill health.
  • Tax efficient savings by means of tax deductible contributions.
  • Protection of the investment in case of disability of the contribution payer by adding the optional contribution waiver benefit.

In difficult economic times:

  • This policy can be made paid-up and contributions can be resumed at any time.
  • In the event of insolvency accumulated funds can't be seized by creditors.
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