Annuity Plan

Enjoy an extra income during your retirement

Are you over 50 years of age? And do you want to enjoy your retirement in a financially comfortable way? Then opt for the Annuity Plan, an individual life insurance (branch 21) that secures your future in an efficient manner. In return for a single premium deposit you will receive a lifetime income. After your death, the payment of the annuity is terminated and your heirs do not receive any capital. If you prefer to keep part of your funds in your estate, it is also possible to take out an Annuity Plan with only a portion of your savings.

Security for you and your partner

Continuation of annuities after your death

If you die before your spouse, you want to make sure that your spouse does not have any financial worries. To do this, you can subscribe to the Annuity Plan with transferability: it ensures that upon the death of one spouse, the other continues to receive the annuity. Moreover, it is also possible to provide an adaptation of the amount of the annuity after the death of one spouse. The annuity paid to the surviving spouse can vary between 25% and 200% of the original amount.

Be aware that this amount may be subject to inheritance tax.

You decide

You choose how much you want to invest. You can opt for a monthly, quarterly or semi-annual annuity of at least EUR 120. An investment of EUR 6,250 is sufficient to receive an annual annuity (2% tax and fees included).

Favourable tax regime

Annuities benefit from a favourable tax regime (see also section Taxation).

Annuity at regular intervals

It is clear from the outset how much annuity you will receive at the minimum for the rest of your life. This is determined on the basis of the guaranteed interest rate and various factors, such as your age. Depending on the economic situation and the performance of AG Insurance, a profit-sharing may be granted. These will be added to your annuity so that you receive a higher annuity for the rest of your lifetime. After your death, the annuities are terminated.

What is in it for you?

  • A monthly, quarterly or semi-annual annuity, determined at the inception of the contract.
  • Potential future bonuses as a result of profit-sharing will be added to your annuity. The new annuity amount remains valid for life.
  • The annuities stop after your death, unless you opt for an Annuity Plan with transferability. In that case, the payment continues until the death of the surviving spouse.
  • Your heirs do not receive any capital.


Insurance tax: 2% of the premium paid.

Withholding tax: A 27% withholding tax per year (plus municipal tax) applies to 3% of the capital value of the annuity. Acquired bonuses are not taxable.

In the event of death, inheritance tax may be levied if you opt for the Annuity Plan with transferability.

This tax regime applies to private investors in Belgium and may be subject to changes. Other categories of investors are requested to inform themselves about the tax regime applicable to them.


Entry fee: 4.08% of the net premium invested.

Management fee: no redemption fees upon death.

Redemption fee: no surrender possible.

How can you track your investment?

The customer is informed in writing of any increase of the annuity. Easy Banking Web allows you to consult the current state of your contract at any time.

What are the risks involved when taking out this investment?

Waiver of capital

Upon the death of the insured (and co-insured in the event of transferability) the contract is terminated and the capital will not be paid out.

This product is covered by the Guarantee Fund on the basis of the protection regime applicable to branch 21 products. It takes effect in case of prolonged failure of AG Insurance and currently covers a maximum amount of EUR 100,000 per policyholder, per insurance company. In the case of larger amounts, only the first EUR 100,000 are guaranteed, and the saver risks partially or completely forfeiting the excess amount.

Learn more about how you can protect your investment in a savings insurance.

Want to know more?

Notice: the investor must take note of the general terms and conditions that describe the characteristics of the Annuity Plan before making an investment decision.

Legal information

The Annuity Plan is a savings-based insurance (branch 21) from AG Insurance, under Belgian law, distributed by BNP Paribas Fortis. The Annuity Plan is aimed at people wishing to invest their money safely for the rest of their lifetime, in order to receive a guaranteed annuity. AG Insurance sa/nv – 53 Boulevard Emile Jacqmain, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0404.494.849 – Accredited insurance company licensed under code number 0079, under the supervision of the National Bank of Belgium, 14 Boulevard de Berlaimont, 1000 Brussels. BNP Paribas Fortis sa/nv, 3 Montagne du Parc, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0403.199.702, registered with the FSMA under n° 25.879A and acting as a contractually appointed insurance agent on behalf of AG Insurance sa/nv. For all your questions, contact any branch of BNP Paribas Fortis. In case of complaints, please contact BNP Paribas Fortis sa/nv - Complaint Management - Montagne du Parc 3, 1000 Brussels. Or refer to Article 21 of the General Banking Terms and Conditions; AG Insurance sa/nv, Service Complaints Management, E. Jacqmain 53, B - 1000 Brussels (Tel .: +32 (0) 2 664 02 00) or by email at: If you are not satisfied with the solutions provided by BNP Paribas Fortis and AG Insurance, you can submit the dispute to: Insurance Ombudsman, Square de Meeûs 35, B - 1000 Brussels, or by email: