Mutua Madrileña and Occident have presented new savings insurance that offers attractive yields. These policies are designed for clients looking to minimise risks in their investments.
The insurers Mutua Madrileña and Occident have renewed their savings insurance offerings, driven by the rise in interest rates. According to expansion.com, both entities aim to attract conservative savings with products that guarantee attractive yields.
Mutua has reissued its Plan Ahorro Plus Fidelidad, which offers a guaranteed gross yield of 2.90% during the first year, higher than bank accounts and deposits, which average 0.16% and 2.01% respectively, according to data from the Bank of Spain. This product requires a minimum investment of 5,000 euros, allowing additional deposits from 750 euros.
On the other hand, Occident has launched a new issuance of Ahorro Capital, which guarantees a gross yield of 3.2% in the first year, with a minimum initial investment of 10,000 euros. This insurance also includes additional capital in case of death and allows partial withdrawals after three months of contracting.
“This new issuance allows us to continue offering savings alternatives aimed at clients who value security and stability,” stated Cristina Navarro, director of Savings and Collective Life Products at Occident.
Both insurers aim to strengthen their presence in the savings market, offering products that compete with traditional banking options, in a context where clients are increasingly seeking solutions that guarantee their investment.
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