Business Invest Plan

Return in detail

The overall return (guaranteed interest rate + bonus) of the Business Invest Plan for 8 years in 2023 reached 2.50% for net payments of that year and 1.70% for the rest of the reserve.

Here is a summary table of the overall return for the last five years (technical interest rate + eventual bonus).

This gross return does not take into account fees and taxes. It relates to past years and does not constitute a reliable indicator of future returns. For contracts with an interest rate higher than the gross overall return, the gross return is equal to the guaranteed interest rate.

These eventual annual bonuses are not guaranteed and may vary from year to year, depending on the results of AG and the economic situation. Once granted, the bonuses become an integral part of the reserve and capitalise at the guaranteed interest rate in force. The insurer has no legal or contractual obligation to provide a bonus.

The Business Invest Plan for 5 years was launched in September 2023. The overall return (guaranteed interest rate + eventual bonus) for 2023 reached 2.50%.

What risks does this investment carry?

Not linked to a person’s life, the Business Invest Plan is subscribed by a company and is part of its assets. The eventual liquidation of this company therefore entails the obligation to redeem the Business Invest Plan in full, with the associated redemption fee and any potential financial adjustment.

In the event of AG's bankruptcy, the investor bears the risk of not recovering their invested capital at the final maturity date.

The Business Invest Plan offers a guaranteed interest rate and an eventual bonus. If the latter proves to be low or zero in the future, it is possible that the paid capital will be lower than the total amount invested due to taxes, fees, and low current rates.

Regular updates

Each year, the policyholder receives a complete statement of the contract, including any bonus that has been granted.

Taxation

• During the term

For legal entities subject to corporate tax

The interest and bonus acquired must be reported each year in the company's annual result. They are therefore subject to corporate tax.

For ASBLs

ASBLs must report the value of the Business Invest Plan as of 31 December in the calculation of the 0.17% succession duty.

• Pay-outs (in case of redemption or at maturity)

For legal entities subject to corporate tax

In the event of redemption and at maturity, 30% withholding tax is retained on the guaranteed return and bonus. This is an imputable and potentially refundable withholding tax.

For legal entities subject to personal income tax

In the event of redemption and at maturity, 30% withholding tax is retained on the guaranteed return and bonus. This is a liberating withholding tax.

The Business Invest Plan also qualifies for the deduction of notional interest.

Fees

Entry fees

• 3% on the net single invested premium if the gross invested premium is less than €100,000.
• 75% on the net single invested premium if the gross invested premium is €100,000 or more.

Exit fees
No exit fees or financial adjustment (market value adjustment) apply:

• at the end of the contract
• in the case of free partial/periodic redemption(s) provided that during the same calendar year, the amount of the redemption(s) is less than 10% of the accumulated capital, with a maximum of €100,000.

Early withdrawal/redemption before the end of the contract can have a negative impact on the invested and guaranteed capital on two levels:

• a redemption indemnity of €250 is payable when the aggregate amount of the free partial/periodic redemptions exceeds 10% of the accumulated capital or surpasses €100,000.
• to protect the interests of other policyholders, it is also possible that the redemption value/amount paid may be adjusted downwards. This financial adjustment is not automatic. It depends on the difference in market conditions between the time of the payment of the premium and the time of redemption. Its calculation and parameters are legally regulated. You can find more information about this potential recalculation, including a numerical example on the AG’s website (in French).

Business Invest Plan Dual

Are you, as a company, looking for a way to invest a medium-term amount at an attractive return, without hindering short-term wealth transfer to shareholders (e.g. through dividend payment or capital reduction)?

Business Invest Plan Dual is a capitalisation operation (branch 26) of AG, subject to Belgian law. This product can only be subscribed if a Future Invest Bond (branch 21) contract is subscribed at the same time.

In that case, Business Invest Plan Dual (BIP Dual) is for you. More information can be found in the Flash Invest or by contacting your bank branch.

Learn more

Before making an investment decision, it is recommended that every investor take note of the key information document and general terms and conditions, describing the characteristics and fees of the Business Invest Plan. You can find them below:

• Key information document BIP 8 years
• Key information document BIP 5 years
• General terms and conditions BIP
• Useful information
• Environmental and/or social characteristics info sheet
• Flash Invest

Legal information

The Business Invest Plan is a capitalisation contract in branch 26 of AG SA, distributed by BNP Paribas Fortis SA.

AG SA, Bd É. Jacqmain 53, 1000 Brussels – RPM Brussels – VAT BE 0404.494.849 – www.aginsurance.be – Belgian insurance company approved under code 0079, under the control of the National Bank of Belgium, Bd de Berlaimont 14, 1000 Brussels.

Intermediary: BNP Paribas Fortis SA, Montagne du Parc 3, 1000 Brussels – RPM Brussels – VAT BE 0403.199.702 – is subject to prudential supervision by the European Central Bank and the National Bank of Belgium as a Belgian credit institution. BNP Paribas Fortis SA is registered under the aforementioned enterprise number with the FSMA, Rue du Congrès 12-14, 1000 Brussels, and acts as a tied insurance agent, remunerated by commissions, for AG SA. BNP Paribas Fortis SA holds a stake of more than 10% in AG SA.

Complaints can be submitted by post to BNP Paribas SA – Complaints Management Service – Montagne du Parc 3, 1000 Brussels or by email to complaintsmanagement@bnpparibasfortis.com

If the proposed solution does not meet your expectations, you can submit your complaint to the Insurance Ombudsman by email to info@ombudsman-insurance.be, by post to Square de Meeûs 35, 1000 Brussels, or on their website www.ombudsman-insurance.be.