Life Assurance Protection
- Details
- Category: Insurance
- Hits: 430
J. Debrincat Limited has been a trusted name in the insurance field for many years. It is a licenced Tied Insurance Intermediary for Life Assurance and Retirement Planning Product.
At our head office in Victoria Gozo. We provide a round the clock service for any of the following covers, we with your approval provide home or business visits:
- Protection
MSver 50’s Plan
The MSV Guaranteed Over 50’s Plan is designed for those who would like to leave a lump sum on death. This could help to pay towards funeral expenses or any outstanding debts or to leave as a legacy.
With the MSV Guaranteed Over 50’s Plan your acceptance is guaranteed provided you are a Maltese resident aged between 50 and 80. There are no medicals or health questions and on death a cash lump sum is payable. You may also nominate who you would like to receive the cash lump sum.
MSV an Protection Plan
The MSV Loan Protection Plan aims to repay any outstanding home loan on your death. This means that you are safe in the knowledge that the roof over your partner and children’s heads is safe even when you are no longer around.
| The MSV Loan Protection Plan at a glance | |
| Type of Plan | Decreasing Term Policy |
| Minimum Premiums | Annually - €90 Half-Yearly - €45 Quarterly - €22.50 Monthly - €7.50 |
| Age at Entry | Minimum 18 years, maximum 69 years |
| Term | Minimum of 6 years, maximum 57 years. The plan must terminate by age 75 |
| Basis of Life Cover | Single Life or Joint Life First Death |
| Protecting your Dependents | Outstanding Loan balance will be settled in full upon the death of the Person covered |
| Funeral Expenses Benefit | A free pre-paid amount to cover funeral expenses up to a maximum of €2500 or the value of the policy. |
MSV rotection Plan
The MSV Protection Plan provides an immediate tax-free payment* to your estate or beneficiaries in the event of death during the term of the Plan.
The MSV Protection Plan provides you with an option to designate one or more beneficiaries to ensure that the policy pays out quickly and directly to where you want the money to go. The process of getting the money to your designated beneficiaries will, as a result, be significantly improved.
*The tax treatment of all plans is subject to the legislation in place at the time and individual circumstances.
| The MSV Protection Plan at a glance | |
| Type of Plan | Level Term Policy |
| Minimum Premiums | Annually - €90 Half-Yearly - €45 Quarterly - €22.50 Monthly - €7.50 |
| Age at Entry | Minimum 18 years, maximum 69 years |
| Term | Minimum of 6 years, maximum 57 years. The plan must terminate by age 75 |
| Basis of Life Cover | Single Life or Joint Life First Death |
| Protecting your Dependents | Upon the death of the Person covered, the Death Benefit will be paid to the heirs and/or beneficiaries. |
| Additional Benefits |
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| Funeral Expenses Benefit | A free pre-paid amount to cover funeral expenses up to a maximum of €2500 or the value of the policy. |
Free Life Insurance for New Parents
Life insurance and family protection are the cornerstones to successful financial planning and security. The MSV Free Life Insurance for New Parents is there to help make life that little bit easier by giving our clients the peace of mind they deserve.
Plan description
A life insurance plan that pays out €10,000 if you die on, or before, your child’s first birthday
Your commitment
- Simply give us all the information we ask for in the application process and if you have to make a claim
- The life cover is free to all new parents so there are no premiums to pay
Risk factors
- The plan has no cash surrender or maturity value
- If you do not truthfully provide all the information we ask for we may not pay out under the plan
- If you stop living in Malta your plan will end
Who may apply?
- You can take out the plan if you are a new parent aged 18 to 65, living in Malta
- You can take out the plan once the child has been born and before they are 6 months old
- The plan will be issued on the lives of both parents and will pay on the first death only
- Single parents may apply, although only one policy can be issued per child
When will the plan pay out?
- The plan will pay out on death of a parent before the child’s first birthday
- The plan will pay out only once so for joint life plans we will only pay on the first death of a parent
- The plan will end on the earliest of the child’s first birthday or once the death benefit has been paid
When will the plan not pay out?
- The plan will not pay out if you commit suicide, or if you die as a result of a HIV-related illness,non-prescribed drug abuse or if it is related toor caused by a history of alcohol excess
- The plan will stop once your child has passed their first birthday
- Full details of the exclusions are covered in the Policy Document
When will the cover start?
The cover will start once you have completed the application form and we have confirmed your plan has started
What about tax?
- The cash sum paid on death is currently free from income tax and capital gains tax
- Tax rules may change
Can I change my mind?
The life cover is free until your child’s first birthday, however if for whatever reason you decide you do not want to proceed with the plan you can notify us in writing and we will cancel the policy.
Policies are tailor-made for your requirements.
MSV Life p.l.c. Unit-Linked Polices are linked to selected Fidelity Funds and La Valletta Funds.
MSV Life p.l.c. is licensed by the Malta Financial Services Authority to carry on long term business under the Insurance Business Act 1998
Life Assurance Retirement
- Details
- Category: Insurance
- Hits: 473
J. Debrincat Limited has been a trusted name in the insurance field for many years. It is a licenced Tied Insurance Intermediary for Life Assurance and Retirement Planning Product.
At our head office in Victoria Gozo. We provide a round the clock service for any of the following covers, we with your approval provide home or business visits:
- Retirement
MSver 50’s Plan
S
Retirement
The MSV Retirement Plan is a flexible medium to long term Savings Plan that has been specifically designed with retirement in mind. The Plan offers complete independence, control and flexibility over one’s investment.
The MSV Retirement Plan is particularly suitable for:
- self-employed persons
- professionals
- individual employees or groups of employees
- employers
Our plan offers you the possibility of choosing how much you would like to save, where you want your money to be invested and at what age you want to take the benefits. Furthermore our Plan gives you the freedom and flexibility to increase or decrease your savings at any time or even to stop and restart your savings in the future when individual circumstances change. You can choose to invest in a wide range of investment funds as well as in the MSV With Profits Fund which offers smoothed investment returns over time.
Benefits are payable at the selected retirement age, or on earlier death, and can be taken as a lump sum or with the option to receive benefits as a regular income.
The MSV Retirement Plan
Starting to save early makes all the difference.
You may think that you can afford to delay saving for your retirement for a few years, but you cannot. The longer you postpone, the more you will have to pay. In order to build up the funds that you may need, you have to start saving as soon as possible.
The MSV Retirement Plan at a glance
| Type of Plan | A long term regular savings plan offering you a choice of unit-linked funds and/or participation in the MSV With-Profits fund. |
| Minimum Premiums | Annually - €480 Half-Yearly - €240 Quarterly - €120 Monthly - €40 |
| Age at Entry | Minimum 18 years, maximum 65 years |
| Additional Top-Ups | Minimum €500. Number of Top-Ups unlimited and subject to an allocation charge. |
| Applicant | Single or joint |
| Additional Benefits (optional) | Waiver of Premium |
| Funeral Expenses Benefit | A partial pre-payment of the Death Benefit subject to a maximum of €2,500 |
| Minimum Term | 10 years |
| Investment Choice |
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| Switches | 2 free switches per calendar year |
| Life Cover (optional) |
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| Law | Policy shall be construed in accordance with the Laws of Malta. |
Policies are tailor-made for your requirements.
MSV Life p.l.c. Unit-Linked Polices are linked to selected Fidelity Funds and La Valletta Funds.
MSV Life p.l.c. is licensed by the Malta Financial Services Authority to carry on long term business under the Insurance Business Act 1998
Life Assurance Savings
- Details
- Category: Insurance
- Hits: 455
J. Debrincat Limited has been a trusted name in the insurance field for many years. It is a licenced Tied Insurance Intermediary for Life Assurance and Retirement Planning Product.
At our head office in Victoria Gozo. We provide a round the clock service for any of the following covers, we with your approval provide home or business visits:
- Savings
MSver 50’s Plan
SavingsOur range of MSV Savings Plans provide you with an easy and disciplined way to save for your future. They can offer capital protection and attractive bonus rates through participation in the MSV With Profits Fund.
The MSV With Profits Fund is a time-tested, reliable and tax efficient method of saving which offers smoothed investment returns over time.
Our Regular Premium Savings Plans are designed to suit all purposes such as saving for your children’s future education, buying a car, saving for your dream holiday or for your daughter’s wedding.
The MSV Savings Plans offer:
- Option to choose how much you want to save and when
- Excellent potential for a tax efficient stable medium to long-term capital growth
- Peace of mind through a traditional and reliable way of investing.
- Options to top-up your savings with one off investments
- Option to designate beneficiaries to receive the value of the plan directly upon your death
MSV Flexi Plan
The MSV Flexi Plan allows you to save on a regular basis into the MSV With Profits Fund whilst offering you the option to include additional life insurance.
| The MSV Flexi Plan at a glance |
|
| Type of Plan | Regular “with-profits” savings plan offering a combination of optional Life Cover and Investment |
| Minimum Premiums | Annually - €480 Half-Yearly - €240 Quarterly - €120 Monthly - €40 |
| Age at Entry | Minimum 18 years, maximum 69 years |
| Additional Top-Ups | Minimum €500. Number of Top-Ups unlimited. |
| Applicant | Single or joint |
| Additional Benefits |
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| Funeral Expenses Benefit | A partial pre-payment of the Death Benefit subject to a maximum of €2,500 |
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 |
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| Additional Benefits | Free Guaranteed Insurability (available for ages between 18 and 39 at inception) |
Policies are tailor-made for your requirements.
MSV Life p.l.c. Unit-Linked Polices are linked to selected Fidelity Funds and La Valletta Funds.
MSV Life p.l.c. is licensed by the Malta Financial Services Authority to carry on long term business under the Insurance Business Act 1998
Life Assurance Investment
- Details
- Category: Insurance
- Hits: 443
J. Debrincat Limited has been a trusted name in the insurance field for many years. It is a licenced Tied Insurance Intermediary for Life Assurance and Retirement Planning Product.
At our head office in Victoria Gozo. We provide a round the clock service for any of the following covers, we with your approval provide home or business visits:
- Investment
Investment
Our range of MSV Investment Plans can offer capital protection and attractive bonus rates through participation in the MSV With Profits Fund or the chance to participate in equity and bond markets through award winning investment fund managers.
They are simple yet flexible and efficient solutions that offer you the opportunity to invest in a wide range of assets, such as, equities bonds, real estate, commodities and money markets in one portfolio through a lump sum investment.
The MSV With Profits Fund is a time-tested, reliable and tax efficient method of investment which offers smoothed investment returns over time.
The MSV Investment Plans offer:
- option to choose how much you want to invest
- excellent potential for a tax efficient stable medium to long-term capital growth
- peace of mind through a traditional and reliable way of investing, as well as access to award winning investment fund managers
- options to top-up your investments with additional lump sums
- flexibility to make partial withdrawals
- ability to receive a regular income through withdrawal of bonuses
- option to designate beneficiaries to receive the value of the plan directly upon your death
MSver 50’s Plan
MSV
MSingle Premium Planingle Premium Plan
MSV Single Premium Plan
If you have a lump sum of money, which you have saved over the years or perhaps inherited and are looking for a potentially better alternative to banks’ saving and term deposit accounts, look no further. Under current legislation and tax practice, the MSV Single Premium Plan is an ideal tax-efficient, medium to long-term savings plan for those wishing to invest a lump sum of money with relatively steady but conservative growth.
| The MSV Single Premium Plan at a glance |
|
| Type of Plan | With-Profits Single Premium plan |
| Minimum Premiums | €5,000 – Applicants taking out a plan before age 75 €10,000 – Applicants aged 75 or older |
| Minimum Term | 5 years |
| Age at Entry | 3 months to 17 years (Child Policy Versions) 18 to 85 years (terms and conditions apply) |
| Additional Top-Ups | Minimum €500 No top-ups allowed in the last 5 years of the plan |
| Free Partial Withdrawals of Capital | Minimum €500 after the 4th year subject to minimum of €5,000 retained in the Plan |
The Investment Bond is a whole of life single premium life insurance policy linked to the value of underlying investment funds. The plan is available in three currency versions (Euro, US Dollar, or GB Sterling) and each currency version is available in a Standard version and a Premier version.
The Investment Bond offers you the possibility to diversify and balance your portfolio through an investment choice from:
- Investment Funds managed by Fidelity Investments, JP Morgan and Valletta Fund Management (VFM) and
- MSV With-Profits Fund that effectively provides capital protection, under the Euro version of the Plan.
| The MSV Investment Bond at a glance | |
| Type of Plan | Whole of Life Unit Linked Investment Bond |
| Minimum Premiums | €/$/£ 5,000 – for the Standard Version €/$/£ 25,000 – for the Premier Version |
| Minimum Term | 5 years |
| Age at Entry | 3 months and a maximum of 85 years |
| Additional Top-Ups | Minimum €500 and subject to the applicable top-up fees. |
| Withdrawal of Regular Bonus | Any regular bonus declared under the MSV With Profits Fund may be withdrawn without deduction of the relevant exit charges. The minimum amount that can be withdrawn is €250. |
Policies are tailor-made for your requirements.
MSV Life p.l.c. Unit-Linked Polices are linked to selected Fidelity Funds and La Valletta Funds.
MSV Life p.l.c. is licensed by the Malta Financial Services Authority to carry on long term business under the Insurance Business Act 1998
Motor Insurance
- Details
- Category: Insurance
- Hits: 1221
At J. Debrincat we offer motor insurance cover through Atlas Insurance PCC Limited. Atlas motor policies offer 3 levels of insurance:
Comprehensive - Third Party Fire & Theft - Third Party Only
All our motor insurance policies include insurance for the following liability limits following a motor accident in Malta as well as in all EU countries
- Death/Injury to other people including passengers, paying up to €2,500,000
- Damage to property, paying up to €500,000
We offer high quality insurance coverage to all our clients, with advantageous premium on certain policies for
- Careful drivers – offering up to 65% No Claim Discount
- Driving restriction to 2 named drivers on private cars
- Multiple vehicles insured
- Limited mileage
- Higher Policy excess options for comprehensive cover
We offer various Options on Discounts.
Our Comprehensive Private Car Policy also covers your car for accidental and malicious damage, fire, theft, floods and storms together with the following FREE benefits
- 24 hour roadside assistance by Atlas RoadAssist (by RMF)
- Protection of no claim discount on reaching 65%
- Car Hire up to €100 following a motor accident
- No additional charge up to 30 days when travelling in the EU (own damage cover)
- All fitted entertainment equipment up to €350
- Loss of keys up to €500
- Legal assistance for uninsured losses up to €1,000
- Accidental damage to glass up to €500 (including windscreens)
- Personal effects up to €250
- No deduction for depreciation during the first year of insurance
- Personal accident cover to named drivers
Our Third Party Fire & Theft Private Car Policy also covers your car for fire and theft together with the following FREE benefits
- Maximum no claim discount of 65%
- No additional charge up to 30 days when travelling in the EU (fire & theft cover)
- All fitted entertainment equipment up to €350
- Loss of keys up to €500
- Legal Assistance for uninsured losses up to €1,000
- No deduction for depreciation during the first year of insurance
Great benefit available at a nominal additional cost
24 hour roadside assistance by Atlas RoadAssist (by RMF) is also available at a reduced cost on
- Private cars insured for third party fire & theft and third party only
- All Commercial vehicles up to 3.5 tonnage (all covers)
- All motorcycles (all covers)
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General Insurance, House Insurance Quote, Health Insurance, Health Insurance Quotation, Life Assurance & Retirement Planning, Life Assurance Quote, J. Debrincat Limited is a Tied Insurance Intermediary for:
Atlas Insurance PCC Limited for General insurance.
Atlas Insurance PCC Limited, a cell company, to transact general insurance business; the non-cellular assets of the company may be used to meet losses incurred by the cells in excess of their assets.
J. Debrincat Limited is a Tied Insurance Intermediary and is regulated by the Malta Financial Services Authority Enrolment No C6943
