What is the return on each contribution to Individual Long-Term Savings Insurance plan?

Each contribution has its own guaranteed return based on the technical interest rate of the transaction, which is used in insurance agreements to determine the return on investment.

When can I obtain the money invested?

You can retrieve the total amount of your savings at market value whenever you want with no cancellation fees If you withdraw your money before the end of the legally established term (5 years), you will lose your tax benefits and any accrued returns will be taxed as capital gains with the corresponding withholding tax applied.

Is the annual limit shared with other benefit systems?

No, in this case it is not related to any contributions you make to other savings instruments (e.g., Individual Pension Plans, Voluntary Social Benefit Entities, Company Plans, Guaranteed Benefit Plans, or Individual Systematic Savings Plans). Contributions made on a regular basis are not allowed.

Does this plan offer any guarantees in the event of the death of the policyholder?

Beneficiaries will receive capital equivalent to 101.5% of contributions made.

Can I request funds to be transferred between long-term savings plans?

Yes, you can make a request to transfer funds at any time and at market value. The law stipulates that, upon expiration of the guarantee period, policyholders can transfer the entirety of their individual long-term savings insurance plan provided they notify their intention to do so before the end of the contract term.

Key investor information

At this website you will learn more about the main characteristics of Guaranteed Savings Plan 5. For this product, the regulations provide that we must offer a key investor information document. In this section you will find this file, which will provide more specific information to help you to understand the product characteristics. Supplement 2031: open document . Supplement 2030: open document . Supplement 2029: open document . Supplement 2028: open document . 2025 Supplement: open document .

Who is the insurance provider?

BBVA Seguros, S.A. de Seguros y Reaseguros.

Who is the intermediary?

BBVA MEDIACIÓN, OPERADOR DE BANCA-SEGUROS VINCULADO, S.A. listed in the Administrative Register of Insurance Brokers of the Directorate-General for Insurance and Pension Funds under code OV-0060. Has an approved public liability insurance policy.

Can I transfer a SIALP?

Yes, it is possible to transfer capital from one SIALP to another SIALP (or, also, to an CIALP) without having any tax impact (and as many times as you want).

Guaranteed Savings Plan 5 SIALP

Long-term individual savings insurance.

Guaranteed benefits if you save for at least 5 years.
Tax advantages.
Compensation in the event of death.

For whom is it intended?

Individual residents between 18 and 75.

A single account holder.

You can only be the holder of one Long-Term Savings Plan at the same time.

How does a SIALP work?

An Individual Long-Term Savings Insurance Plan (SIALP) that combines guaranteed returns with additional compensation in the event of death. It guarantees you a lump-sum payment plus interest within 5 to 6 years.

You can make as many contributions as you want up to an annual limit of €5,000.

Each contribution will have a guaranteed return.

Keep your Individual Long-Term Savings Insurance plan for at least 5 years and the returns you accrue will be exempt from taxation.

How do I take out my Individual Savings Insurance?

You can arrange to purchase it by going to your nearest branch or talking to your adviser.

Would you like more information?

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