EuroHorizon

Exchange rates

as of 11/12/2024 17:00:13

Cash payment

Non-cash payment

Selling rate

1.96100

1.96000

Buying rate

1.94800

1.94900

BNB fixing

1.95583

Cash payment

Non-cash payment

Selling rate

1.90300

1.90000

Buying rate

1.81900

1.82100

BNB fixing

1.86145

Cash payment

Non-cash payment

Selling rate

2.43900

2.43400

Buying rate

2.31400

2.31800

BNB fixing

2.37191

Cash payment

Non-cash payment

Selling rate

2.15000

2.14800

Buying rate

2.05600

2.05800

BNB fixing

2.10758

Characteristics of EuroHorizon 5

A life insurance product, linked to an investment fund with a one-off premium payment of minimum EUR 2500
A programme, providing 100% protection of the capital of the net invested
amount* at the end of the contract term
A programme with a fixed minimum yield at the end of the contract period in the amount of 7% of the net invested amount
A possibility for additional yield at the end of the contract period up to 60% of the net invested amount depending on the performance of the fund (possible total maximum yield of up to 40%)
Insurance protection in case of dead due to accident
Sum Insured upon a fatal event as a result of accident – equaling the triple amount of the one-off premium, however not more than EUR 75 000
Investment protection and fixed minimum yield are not applied upon early redemption.
Upon conclusion of the programme an installment for the Guarantee Fund is also being paid as per Art. 565 of the Insurance Code, amounting to EUR 3.57 for the entire contract period
Surrender fee:

3% of the investment premium** when purchasing EuroHorizon 5 or

2% of the investment premium** when purchasing EuroHorizon 5 together with EuroFuture

Redemption fee: 5% of the amount withdrawn. The right to redemption is acquired immediately after the start of the contract.

*The net invested amount is the one-off premium, less the premium for covered risk Death due to accident (risk premium) and the entry fee on the investment premium**, which covers the administrative expenses of the Insurer.

Net invested amount = One-off premium – Risk premium – Entry fee

**Investment premium – the one-off premium less the premium for the covered risk Death due to accident (risk premium). The size of the entry fee depends on joining another investment insurance program.

Investment premium = Тhe one-off premium - The risk premium***

***Risk premium – this is the price that the Insuring Person pays for the covered risk „Death due to accident”

Find out more in the digital product brochure HERE.

Short description

Insurance-investment programme EuroHorizon 5 is a product, ensuring capital protection at the end of the contract period for the net invested amount. Another main feature is a fixed minimum yield combined with possibility for additional accumulation of funds. The product provides insurance protection in case of loss of life due to accident.

Conditions and EuroHorizon 5 coverage

Premium	Payment of one-off premium
Programme period	6 years, 1 month and 30 days
Subscription period	05.03.2024 – 17.04.2024
Policy maturity date	28.06.2030
Minimum premium	2 500 EUR
Currency	EUR
Entrance fee	3% of the investment premium when buying EuroHorizon 5 2% of the investment premium when buying EuroHorizon 5 together with EuroFuture
Age of the insured person	18 to 69 years of age at the time of conclusion of the programme and no age limits for the insurer
Optimum Fund World Fix 100-4	Optimum Fund World Fix 100-4 is a fixed start and end date investment fund. The fund seeks to pay 100% of the initial net amount invested at maturity by investing in bonds and cash and to generate a fixed minimum return at the end of the contract term of a minimum of 7% and a maximum of up to 40% of the net amount invested, depending on the performance of the fund. The fund's returns are tied to the performance of a basket of assets of a global selection of 30 high market capitalization companies. More information on the fund's investment strategy can be found in the fund's prospectus and the Key Information Document published in the EuroHorizon 5 section of ww.dzi.bg.

How does the programme function?

Upon reaching the end of the contract term

Upon expiry of the insurance period, you will receive the deposited funds of the net invested amount*, as well as fixed yield at the contract period end equaling 7 % of the net invested amount, even in the event of a negative change in the value of the units of the investment fund.

Upon an achieved positive change in the value of the investment fund’s units on maturity date, additional yield will be paid out, as it is limited up to 40% of the net invested amount for the entire period of the investment.

Early termination of the contract

In the case of early termination of the contract, the value of the owned units as of the date of submission of the termination request is paid after deducting a surrender fee.

Capital protection and fixed minimum yields do not apply to investors who sell their units before the maturity date of 28.06.2030.

Insurance products with an investment component contain potential risk related to the investment part and the recommended holding period of the product until the maturity date. Detailed information about the product and the associated risks can be found in the documents from the precontractual information, general conditions, KID, etc. The information can be obtained free of charge at any UBB branch.

Previous editions EuroHorizon