Make a claim
Home Product Scala Invest (Free investment in branch 23)

Scala Invest (Free investment in branch 23)

Scala Invest non-fiscal (Free investment in branch 23)

With a branch 23 life insurance policy, you can invest at your own pace, with the potential of receiving a higher return. You enjoy the flexibility and the benefits associated with a life insurance policy.

Find a broker

 

Branch 23 life insurance: invest at your own pace

Invest with the flexibility of a life insurance policy

check

Choose from a wide range of underlying investment funds that are best for you

check

Protect yourself, your partner and your children in the event of you being unable to work or dying

Objective

Scala Invest is an individual life insurance product branch 23 in which

  • you invest at your own pace in order to obtain a potentially higher return in the longer term;
  • Your money remains available;
  • The policy holder enjoys the benefits associated with a life insurance contract; in particular as regards the designation of the beneficiary of his choice;
  • an additional protection against the financial consequences in the event of incapacity for work and death (optional) is provided.


More details are available in the Essential Information document, the document with additional pre-contractual information and the Management Regulations. 

Who is it for?

This product is intended for the Retail investor who

  • has the minimum age of 18 years and the maximum age of 62 years at the time of subscribing;
  • is prepared to take financial risks (in the form of fluctuations in value of the return) in order to obtain a potentially higher return;
  • is interested in additional protection against the financial consequences of incapacity for work and death (optional);
  • has an investment horizon of at least 5 years.

Who is it not for?

This product is not suitable for the retail investor who:

  • is not prepared to take financial risks (in the form of fluctuations in value of the return) in order to obtain a potentially higher return;

may be qualified as a "US Person". Scala Invest is not subject to the regulations of the United States of America (USA) regarding the trading of securities, nor to the supervision of the US financial regulator, Securities and Exchange Commission (SEC). Click here for more information. 

     

    smile
    BENEFITS
    • Invest regularly, starting at 100 euro per month

      Invest at your own pace
      You can save regularly, from just 100 euro per month. Or you can also invest by depositing a one-off minimum amount of 1 200 euro.
    • The flexibility of a life insurance policy

      Scala Invest is an individual branch 23 life insurance policy, with no tax benefits of which the return is linked to investment funds. 

      - You are free to choose the insured person and the beneficiary(ies) for the life and death cover
      - You do not pay withholding tax on the insured amounts
      - After an adequate analysis by your broker of your investor profile, you can choose the funds from our fund range that best suit you.
    • Potentially higher return 
    • Branch 23: no capital guarantee, a wide range of funds to suit your personal risk profile.
    • Drip switch: with this financial option you can limit the possible financial loss associated with the timing of a premium payment.

    Your broker will determine your investor profile based on the information you provide to him. This approach is essential for investing wisely.

    • Risk covers

    The risk covers Death and Waiver of premium in the event of incapacity for work gives you more financial security. These covers top up your loss of income partially if you are suddenly unable to work as the result of sickness or accident, limiting the impact on your family income. By default, the risk cover Waiver of premium in the event of incapacity for work is provided for in your contract. The risk cover Death is an optional cover.

    Read more about the optional risk covers for Death, Work Disability

    exlamation
    RISKS
    • With branch 23, neither the capital or the return is guaranteed. Your return is determined by the way the underlying funds in your policy perform. So it depends on market fluctuations.
       
    • Important: The insurance company offers neither a capital guarantee nor a guarantee on the return of the branch 23 part.  As a result, the policyholder may receive back less than the initial investment. The financial risk linked to the branch 23 policy is borne in full by the policyholder. There is no entitlement to profit-sharing

    Your broker will determine your investor profile based on the information you provide to him. This approach is essential for investing wisely.

    Some more information about Funds

    With Scala Invest you have the choice of various underlying investment funds, within an open architecture.

    Want to know more? -> Read our section on Funds on this website.

    Each underlying branch 23 investment fund, depending on its nature and the type of assets in which it invests, belongs to a specific risk class on a scale from 1 to 7 (where class 7 represents the highest risk). This class of risk reflects the volatility of the fund, i.e. the potential ups and downs of its net asset value. The risk class of a fund may change over time.
     
    Below is a list of the most important branch 23 risks. For a more detailed overview, please refer to the respective information sheets per fund available on the websites of the underlying funds.

    • Counterparty risk: The underlying fund may incur a loss in the event that the counterparty is unable to meet its contractual obligations.
    • Settlement risk: Certain securities may become difficult to sell in the short term or must be sold at a loss at a certain point in time.
    • Management risk: During abnormal market movements, the usual management techniques of an investment fund may prove inefficient or unfavourable.
    • Risk due to deviating instruments: Certain deviating instruments may increase the volatility of the underlying fund or expose its composition to losses greater than the price of these deviating instruments.
    • Operational risks: In all markets, particularly new markets, underlying funds may lose some or all of their capital as a result of asset mismanagement, fraud, corruption, political movements or other undesirable events.

    Tax matters

    • This is a non-fiscal life insurance policy
    • You do not pay any withholding tax on the insured amounts
    • Premium tax of 2% on each premium payment

    These rules apply in accordance with current tax legislation and are subject to change in the future. 
    In the event of changes to the tax rules, NN Insurance Belgium cannot be held liable for the consequences. 
    Tax treatment depends on the individual situation of the customer and may change in the future. 
    Wherever reference is made to a tax system or regime, this needs to be understood as the tax system or regime that applies to an average retail customer living in Belgium in the capacity of a natural person (private individual).

    Premiums

    • Periodic premium: minimum 100 euro per month
    • One-off premium: minimum of 1 200 euro.

    Charges

    • Entry fee: 0,25%
    • Entry fee for additional guarantees: 2%
    • Commission: maximum: 5%
    • Management fee: maximum 0.96% on an annual basis
    • Switch (change) of investment type: free once a year, then per additional change: EUR 37.18 the first time, EUR 111.55 the second time and EUR 185.92 from the third time onwards.
    • Exit costs:
      • 5% on the reserve
      • Degressive by 1% in the last 5 years to the 67th birthday of the policyholder
      • From the 67th birthday of the policyholder no exit costs.

    Not yet a customer?

    find a broker pane

    Find a broker near you and join!

    Find a broker

     

    Important documents

    It is necessary to read the Essential Information Document & Document Other Pre-contractual Information before purchasing, subscribing, accepting, signing or opening a Scala Invest contract;

    Any other questions? Your broker will be happy to advise you.

    Algemene voorwaarden
    Document met aanvullende precontractuele informatie - algmeen
    Document met precontractuele informatie duurzaamheid
    Essentiële informatiedocument (EID / KID)
    Beheersreglement
    NN Strategy & Scala Invest - Presentatie van de prestaties in het verleden
    Conditions générales
    Document d'informations précontractuelles complémentaires - généralités
    Document d'informations précontractuelles durabilité
    Document d'information clé (DIC / KID)
    Règlement de gestion
    NN Strategy & Scala Invest - Présentation des informations relatives aux performances passées

    Legal information

    • Scala Invest is a non-fiscal individual life insurance contract, of which the return is linked to investment funds (tak 23) without capital guarantee. It is a product of NN Insurance Belgium, a company incorporated under Belgian law.
    • Applacable law: Belgian law
    • Term: the term is indefinite, but the policyholder has the option to freely foresee an end date. The maturity date for the product is determined by the policyholder. NN Insurance Belgium cannot terminate the policy unilaterally. The policy expires on full surrender by the policyholder, on the maturity date or on the death of the policyholder before the maturity date.
    • Before you subscribe to the Scala Invest product as a customer, it is important to go through the documentation about this specific product. See the documents under “Important documents” on this page.
    • This product has certain exclusions and restrictions. This product is not suitable for US Persons, including US citizens. NN Insurance Belgium does not act with regard to the branch 23 part under the supervision of the US regulator, the SEC. Click here for more information. 

    If you have a complaint about your Scala Invest policy, please contact in the first instance NN Insurance Belgium nv, Quality Care Center, 38 Fonsnylaan, 1060 Brussels. Send an e-mail to klachten@nn.be. Or contact the Consumer Ombudsman Service at the Insurance Ombudsman, 35 de Meeûssquare, 1000 Brussels. Tel: +32(0)2 547 58 71, fax: +32(0)2 547 59 75, info@ombudsman-insurance.be, www.ombudsman-insurance.be. It is also possible at all times to take legal action.

     

    Your unique life deserves a personal approach. That is why we are happy to help you find an independent broker in your area
    Your unique life deserves a personal approach. That is why we are happy to help you find an independent broker in your area