Life Insurance Capitalisation CAPI
This is a contract under which an insurance company invests your savings for a predefined period, the interests will be distributed to you.
The profit made is taxable either as income (on demand only) or as a flat rate tax, already deducted at the pay-out. The level of the taxation depends on the time the contract is held.
The Life Insurance Capitalisation contracts are characterised by their flexibility, their advantageous taxation and their interesting rates of interest.