KBC Life Experience

KBC Life Experience is a guaranteed-interest savings insurance product with several investment options. It is an attractive option if you can do without your money for at least eight years.

It's a low-risk product due to the fact that interest is guaranteed on the amounts saved until the end of each investment option. 

You can choose from several investment options, depending on your own interests and possibilities. Your contact at KBC will be happy to explain it for you.

KBC Insurance guarantees that each net deposit (the premium you pay less taxes and charges) will earn interest at a fixed rate until your investment option ends. We currently offer the following options:

• Life Class 21 8Y at 2.30% (with a 2.30% rate of interest that is guaranteed for a period of eight years)
• Life Class 21 5Y at 2.30% (with a 2.30% rate of interest that is guaranteed for a period of five years)
• Life Class 21 3Y at 2.30% (with a 2.30% rate of interest that is guaranteed for a period of three years)
• Life Class 21 Cash (with a 0.60% rate of interest that is guaranteed until the end of the month and can be renewed each time for periods of one month)

When a rate-guarantee period ends, the reserve is automatically converted to ‘Life Class 21 Cash’ at no cost.

Besides the certainty of obtaining a minimum return, you could receive a profit share each year and also a growth bonus the first calendar year after making a deposit. The profit share and growth bonus are not guaranteed and can vary from year to year, depending on the economic situation and the results of KBC Insurance. There is no profit share or growth bonus for ‘Life Class 21 Cash’.

The risk indicator is: 
Life Class 21 3Y: 2 on a scale of 1 (low risk) to 7 (high risk). 
Life Class 21 5Y: 2 on a scale of 1 (low risk) to 7 (high risk). 
Life Class 21 8Y: 2 on a scale of 1 (low risk) to 7 (high risk).

This is a guide to the level of risk associated with this product compared to other products. It shows how likely it is that investors will lose money on the product because of movements in the markets or because no money is available to make payments.

KBC Life Experience is covered by the Belgian deposit-protection scheme for guaranteed-interest life insurance. The scheme is triggered if it is established that KBC Insurance has defaulted. The protection currently amounts to 100 000 euros per policyholder for all reserves combined that are held with KBC Insurance under protected guaranteed-interest life insurance contracts.

If you withdraw your reserves early, you may receive less than what you’ve put in due to the deduction of taxes and charges. Therefore, the recommended holding period is at least eight years.