When can I withdraw my funds?
An insurance policy is a long-term agreement. In Vienna osiguranje you choose the premium and duration of the insurance agreement. Upon expiry of the agreed term, the guaranteed agreed insured sum and a bonus are paid out. This capital can be paid out as a lump sum or in the form of annuity, for example, pension. Vienna osiguranje offers its policyholders flexibility necessary to respect the specific life circumstances an individual can face. Thereby, we are offering something unique in the market - the possibility to change the agreement terms and adapt them to the new life circumstances. The agreement can be modified as soon as the first year of insurance expires, and once two or three years of payment are behind you, Vienna osiguranje can grant you a loan. The nature of the savings within the insurance programs is not that of a-vista savings in the bank, whereby the money paid in and the interest cannot be withdrawn whenever you want. In case of agreement termination, the policyholder can receive the surrender value. The surrender value is the value of life insurance total contributions and accumulated earnings minus all costs, such as coverage of the policyholder's mortality risk, operating and administrative costs, etc. The right on payment of surrender value is obtained following two or three years of insurance, depending in the insurance program.