Bonus plan
Pay part or all of your employees' variable remuneration into group insurance: enjoy tax benefits and a compelling return on investment.
More info
With this solution, you can build up a supplementary pension for your staff members that meets their needs and fits your company's budget, with a variety of possibilities and the security of a safe-haven investment.
Classical Life
These five benefits will surely win you over.
Custom-designed solution
Choose a defined contribution or defined benefit plan, with or without supplementary death benefit coverage. It’s all about identifying a solution that works best for your company. And choose the solution that best fits your company.
Two benefits in one
In addition to earning a guaranteed return, additional profit sharing may also be awarded.
Immediate gratification for your staff members
By taking out a cash advance, your staff members can reap the benefits of their supplementary pension even before they retire.
Streamlined data exchange
Say goodbye to mounds of paperwork. With AG EB Online, you can manage your staff members' data quickly and easy.
All benefits in one handy app
With MyAG Employee Benefits, your staff members can access their benefits anytime and anywhere, via their computer or app. Plus they can also make use of services to boost their mental resilience (only via the app).
On this page:
How are the premiums invested?
The premiums will be invested in the AG Employee Benefits General Fund. This is a Branch 21 investment solution, with an interest rate guaranteed by AG. This way, your employees will have the security of knowing that their supplementary pension is safe in our hands.
Depending on investment performance, additional profit sharing may also be awarded on top of the guaranteed return . There is, however, no guarantee that any profit sharing will be paid out and the amount may vary from year to year.
Classical Life offers a variety of possibilities for both employers and their staff members.
Find out more about the possibilities of Classical Life
Classical Life offers a range of attractive supplementary pension options designed to meet the needs of both your company and your staff members.
Options for employers
The premiums set aside can be used to build up a supplementary pension for your staff members. Another alternative is to offer additional death benefit coverage. This way, you not only protect your employees but also their loved ones, because if the unthinkable should happen to one of your staff members, their beneficiaries would be entitled to a lump-sum payment.
You have 2 funding options to choose from. You can go for a defined contribution plan, where you make regular fixed payments into the supplementary pension plan. Alternatively, you can opt for a defined benefit plan.In this case, the premium will be set based on the pension plan objective (for example, to set aside a supplementary pension nest egg that represents twice the plan participant’s gross annual salary). It's up to you - the choice is yours.
Interesting opportunity for your staff members: a cash advanceYour staff members have the option to take out a cash advance on their group insurance benefits before they retire. The funds can be used to purchase, build or remodel real estate (such as a holiday home) or to pay off a mortgage loan. The same guaranteed return and profit sharing conditions will continue to apply to the entire group insurance benefit amount, including the amount taken as a cash advance.
A unique plus point: digital support
AG Employee Benefits & Health Care has capitalised on the digital revolution to provide you with additional value. For the benefit of you and your staff members, we’ve developed a unique digital platform that offers a multitude of possibilities, all designed to streamline the data transfer process in a user-friendly environment.
AG Employee Benefits & Health Care has capitalised on the digital revolution to provide you with additional value.
AG EB Online
Enrolling new staff members, managing current plan participants, exchanging other data... less administrative hassle, more convenience for your data transfer needs. With this user-friendly online tool, you're in complete control.
MyAG Employee Benefits
It's a secure, user-friendly app and platform for plan participants to find out everything they want to know about their corporate-sponsored group insurance. In the app, your employees can access their covers, anytime and anywhere. All of the features in MyAG Employee Benefits are also available via your computer, but the services are only accessible via the MyAG Employee Benefits app.
- Handy features wherever and whenever your employees need them
In just a few keystrokes, your plan participants can check the size of their supplementary pension as well as their death benefit coverage. And that’s not all – we’ve also incorporated their healthcare insurance. - Services to help your staff members take care of their health (only on the app)
With the MyAG Employee Benefits app, you'll be entitled to a number of additional services to enhance your mental wellbeing.
Easy access to a wide range of front-line care and support to stay mentally and physically healthy with My Mind by AG.
Information on sustainability
Depending on the selected funds, the plan incorporates ESG factors that allow it to make a positive impact on the environment and/or society and to limit negative impacts on the environment and/or society, through an appropriate selection of investments. Information on these ESG factors is available (FR - NL). To find out more about AG's approach to sustainable and responsible investing, go to ag.be/investing/sustainability (FR - NL).
You will also find more information in the Sustainability Fact Sheet (FR - NL) for each of the available funds in this product as well as the corresponding annual report (FR - NL).
For customers looking to double down on their commitment to ESG, AG now offers Branch 21 (FR - NL) products that take an even more advanced approach.
Want to find out more? Ask your questions about our Classical Life Plan or request a non-binding offer via the contact button. You can also check the AG EB Invest Dashboard for a clear and detailed overview of each of our funds.