The option to take out a cash advance against the cash value of a group insurance plan is a handy way to finance the purchase of a house or holiday home, or even to use towards paying off a mortgage loan. A benefit your staff members will surely appreciate. The variable interest rate is 3.10% as of 1 January 2026.
The interest rate applicable to advances, is based on short-term rates on the financial markets and gets revised every year, either upwards or downwards. Given the slight decrease in market interest rates during 2025, we can set the the variable interest rate on cash advances with annual interest payments to 3.10%, as of 1 January 2026.
Are your staff members aware of the benefits of a cash advance?
Your staff members have the option to take out a cash advance against their group insurance reserves for the purchase, construction or renovation of a home. They can also apply the advance towards paying off a mortgage loan.
On MyAG Employee Benefits, your staff members will find all the details and the requirements for taking out a cash advance:
Have a question about cash advances or the interest rate?
With the information above, you’ll have everything you need to advise your staff members on taking out a cash advance.
Have a specific question?
Let us know at benefits@aginsurance.be and we’ll be happy to help you.