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- Growth Portfolio Junior
Growth Portfolio Junior
An investment for your child’s future
- Start-up money for the child to start an independent life
- Accumulating the money through investments
- Contributions made at the time and in the amounts of your choosing
- Simpler terms and conditions, and a more favourable price list
Growth Portfolio Junior is a flexible way of saving money for your child.
For concluding a contract sign up for consultation.
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More than 9,800 parents are saving €40 in a month for their child, on average
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Parents start saving for children when they are approximately 4 years old
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The average saving period is 15 years
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30% of parents take advantage of the flexibility of the product and make additional contributions
2017 data of SEB Elu- ja Pensionikindlustus.
With Growth Portfolio Junior, start-up money can be saved for the child by investing into various investment funds. Investments need to be monitored and managed by the policyholder. The risk arising from investing into funds is higher, but you can earn more income.
Contributions can be made at the time and in the amounts of your choosing. You can set up an e-invoice with standing order contract or a standing payment order to make sure that you are making regular contributions. It is possible to withdraw funds in part from the Growth Portfolio Junior contract.
At the agreed time the child can withdraw the accumulated sum. The contract of Growth Portfolio Junior can be signed by the child’s parents orother close ones.
Selection of insurance covers
Growth Portfolio Junior contract can be complemented with insurance covers:
- accident insurance cover provides compensation in case of temporary or permanent injury as a result of an accident with the child;
- insurance cover for the continuation of insurance premiums ensures that if the policyholder dies before the contract ends, the insurance undertaking will continue with the agreed payments according to the latest investment structure in place.
Please read the insurance terms and conditions and price list of Growth Portfolio Junior before you sign the insurance contract.