Program Vital – Example
The life insurance Program Vital helps the employer motivate its employees through increasing financial remuneration. It also gives the employer an opportunity to utilize the advantages given in the Income Tax Act.
Illustrative example of the deposited finances appreciation
Vital Allegro
| Monthly premium | Sum insured in case of reaching the age of 60 CZK 600 (employer CZK 300 + employee CZK 300) |
||
|---|---|---|---|
| Entry age | Insurance period | Premiums paid by the employee | Amount paid out at the end of the insurance |
| 20 | 40 | CZK 144,000 | CZK 339,751 |
| 30 | 30 | CZK 108,000 | CZK 241,743 |
| 40 | 20 | CZK 72,000 | CZK 153,016 |
| 55 | 5 | CZK 18,000 | CZK 35,446 |
Illustrative example is calculated using the expected 1.0% overall appreciation p. a.
