MSV Child Savings Plan
Our Child Savings Plan has been designed to provide a simple and tax efficient way to save for your children’s future. Investing in the With Profits Fund means any bonuses once declared are guaranteed at maturity.
| The MSV Child Savings Plan at a glance |
| Type of Plan |
Regular savings plan with additional life insurance |
| Minimum Premiums |
Annually - €480 Half-Yearly - €240
Quarterly - €120 Monthly - €40 |
| Age at Entry |
18 to 69 years
A maximum of 5 Children can be named in the policy. The child can be the legal owner, (with parents & guardian as an administrator). In this case the child has the right from age 18 to become the sole legal owner, without parental consent |
| Duration |
You select between 6 and 57 years (up to a maximum age of 75 of the parent) |
| Additional Top-Ups |
Minimum €250. Number of Top-Ups unlimited |
| Applicant |
- Single or Joint Parents
- Grandparents
- Relatives
-
Legal Guardians
|
| Additional Benefits |
Free Guaranteed Insurability (available for ages between 18 and 39 at inception) |