Network Partner Profile
- Founded in 1987.
- Wholly-owned subsidiary of bancApulia, Italy since January 1, 2007. Since May 2010 bancApulia has been part of the Gruppo Veneto Banca.
- bancApulia’s investment grade rating by Moody’s: Baa2 in 2010.
- Offers group life/disability products as well as tax qualified pension plans (open pension plans and deferred annuities).
- Total premium income in 2009 amounted to EUR 46.5 million.
- Member of the Swiss Life Network since 2007.
Special Advantages
- Very competitive premium rates are available for group risk contracts, with a local bonus calculated according to the claims ratio of the last 2 years and paid out in the 3rd year.
- Offers companies an alternative to setting up their own internal employee fund.
- A tight network of distribution centres:105 bancApulia direct branches, 14 distribution centres of financial promoters.
Coverages and Products
Types of Benefit - Coverage available and poolable:
- Group Life
- Disability Lump Sum (rider)
Types of Benefit - Coverage available:
- Old Age Pension / Lump Sum
- Endowment
- Whole Life
