The non-profit association “Les Amoureux de la Nature” took out a Business Invest Plan on 2 November 2009, for a single premium of EUR 75,000 and a five-year term. The net premium invested in the Business Invest Plan (after deduction of upfront costs) was EUR 73,500. Capitalised at a rate of 2.5%, the insured sum will therefore generate guaranteed capital of EUR 82,149.31 when it matures on 2 November 2014.
This capital is topped up by annual with-profits bonuses of 1.5%(*) generating a further EUR 6,205.03. The final capital is therefore EUR 88,354.34. 15% withholding tax is payable on the interest and with-profits bonus (i.e. EUR 88,354.34 minus EUR 73,500). In the case of a non-profit association, this tax is a one-off payment (full and final withholding tax).
(*) The projected figures for the with-profits bonus, increases or other amendments to the policy and technical bases are based on hypothetical scenarios and are not guaranteed. These performance figures may vary over time, depending on the economic climate and the insurance company's results.
The figures given in this example are for information only and are not binding on the customer, BNP Paribas Fortis or AG Insurance Belgium. They are based on fictitious terms and conditions and scenarios.