MADRID, 31 Jul. (EUROPA PRESS) –

The insurer Mapfre has decided to raise the profitability of its life annuity products to 3.20%, from 2.95%, due to the “evolution of the financial environment”, as reported this Monday in a statement.

This type of product is a life-savings insurance that allows you to receive an amount of money periodically until the death of the insured person.

Some of the products offered by Mapfre can be contracted up to 95 years of age. The firm has also indicated that the product is “interesting” for those clients who want to take advantage of tax advantages in the rescue of certain types of life-savings insurance (for example, PIAS) or associated with the transmission of some patrimonial element.