Crescendo savings contract

Do you want to make savings with an attractive rate of return while taking advantage from tax benefits? Are you looking for a life insurance product to protect your beneficiaries?

BANK OF AFRICA offers you the "Crescendo Plus" life insurance, a flexible savings contract with free or periodic payments. At any time, you can make a total or partial redemption, or get an advance on savings. Two options are available to you: the capitalisation option to recover the tax-free capital built up after 8 years or the distribution option, which guarantees an annual return in the form of regular income. This life insurance includes additional guarantees in favour of the designated beneficiaries in case of death or total absolute and definitive disability of the insured.

6 good reasons to choose « Crescendo Plus »

The "Crescendo Plus" savings contract allows you to build up your savings in an intelligent and flexible manner. You increase the value of your capital and keep it available in case of need. "Crescendo Plus" combines all the advantages of life insurance, not to mention the exclusive guarantees in the event of death or disability of the insured.

A savings contract with an attractive return
Free or periodic payments
Designated beneficiaries to organize your succession
Tax benefits after 8 years
A natural death or total disability guarantee worth 50% of the accumulated capital
An accidental death guarantee worth 100% of the accumulated capital

Be well-informed about life insurance

The insured must designate one or more beneficiaries to the Crescendo Plus contract. The insured is free to designate whomever he or she wishes, or to divide the amount between several beneficiaries in equal or determined shares. In the event of the death of the insured, they receive the capital that has been built up, increased or not depending on the guarantees, at the percentages defined in the "beneficiaries" clause. During his or her lifetime, the insured can use the accumulated capital at anytime as he or she sees fit.

The subscriber can make free payments from MAD 10,000, with a minimum initial amount of MAD 50,000. He or she also have the possibility to make periodic payments with an optional initial amount of MAD 10,000 and regular payments of at least MAD 500.