List of underlying assets to replace transactions procedure for life insurance contracts with investment risk

SEB Life & Pension changes the transactions procedure for life insurance contracts with investment risk, which is called ’List of underlying assets’. The change will apply to all Growth Portfolio, Growth Portfolio for Pension and Growth Portfolio Junior insurance contracts.

For better customer communication, we have clarified the definition of cash in the list of underlying assets. If you have assigned cash as your underlying asset, then AS SEB Elu- ja Pensionikindlustus will keep it on its SEB Bank account. Upon insolvency of the bank, the cash is not remunerated. Further details about the list of underlying assets is on our website.

If you have concluded your insurance contract before 07.02.2017 and you do not agree with the changes, you have the right to terminate your contract until 02.03.2017. If you do not declare your wish to terminate the contract, we will take it as agreement to the changes. If you agree with the changes, then no action needs to be taken.

In case of any questions please contact us by phone 665 8020 or by e-mail kindlustusleping@seb.ee.