AG Ascento Deposit is a capitalisation contract (Branch 26) that allows you to invest all or a portion of your retirement nest egg as a short-term option.
Both the principal and the interest rate are guaranteed.
At the end of the term, the contract will automatically renew for another year, unless cancelled by you before the renewal date.
AG Ascento Deposit contracts are tax-efficient as they're not subject to insurance tax.
You can cash out of your contract reserves, in part or in full, at any time.
On this page:
How is AG Ascento Deposit taxed?
AG Ascento Deposit is a tax-efficient solution:
- No insurance tax is due on your deposits.
- Withholding tax will be payable on the interest earned.
What fees do I need to take into account?
As is the case with any investment, you should factor in the following fees:
- Front-end load: none
- Exit fees: none
- Management fees: none
What is the minimum premium?
What happens when the contract reaches the end date, or if you've opted for a longer-term investment solution?
At the end of the term, the contract will automatically renew for another year, at the conditions applicable at that time, unless cancelled by you before the renewal date.
If you're not planning to renew the contract, all you have to do is give us one business day's notice.
At any time, you can also transfer the reserves held in your AG Ascento Deposit contract, in part or in full, to an AG Ascento Free contract, with no exit fees.
What are the risks associated with AG Ascento Deposit?
Capitalisation contracts are managed separately as special assets segregated from the insurer's other assets.
If the insurer files for bankruptcy, these assets will be used to uphold commitments made to policyholders as they have the highest priority.
In other words, policyholders have a lien against the insurer's assets.
Legally required and contractual information
Check the legally required information for our insurance policies!
- How does AG handle potential conflicts of interest? Visit our website in French or Dutch.
- Who should I contact if I want to file a complaint? Visit our website in French or Dutch.
Please read the fact sheet and the general terms and conditions before subscribing. These documents are available upon request.
All of our insurance contracts are governed and construed by the laws of Belgium.