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  2. Life Insurance with capital accumulation in funds

Life Insurance with capital accumulation in funds

Secure your future, achieve your goals, and protect what matters most.

Apply Book a consultation

Tailored investments

Use the opportunities investment offers, and increase  your savings. 

One policy for the whole family

Choose extended coverage and insure your loved ones.

Professional assistance

Trust our experts to grow your savings responsibly and sustainably.

This service is provided by AAS “CBL Life“, represented by the insurance agent AS “Citadele banka“.

Insurance that’s twice as valuable

Life Insurance with capital accumulation in funds combines the powers of financial protection and savings growth for various goals.

  • A robust retirement fund for a more secure future.
  • Major milestones, such as your children’s education.
  • A safety net for life’s unexpected expenses.
  • Financial support for your loved ones after you’re gone.
Apply Book a consultation

Protection and financial benefits

  • Flexible contributions
    Start with as little as 30 EUR per month and adjust payments anytime.
  • Protection tailored to your needs
    Choose comprehensive insurance which offers compensation in the case of death, temporary or permanent disability, and broken bones and injuries.
  • Free choice of beneficiaries
    Choose who will receive compensation in case of your death to ensure financial security for your loved ones. You can change your beneficiaries at any time.
  • Significant Tax Benefits
    Get back 25.5% of your saved amount every year with a personal income tax refund.*
  • Easy access
    Manage your plan through the online bank with ease and schedule free consultations as needed.
Apply Book a consultation

* In accordance with the Republic of Latvia’s Law On Personal Income Tax, you can receive an income tax rebate on payments not exceeding 10% of your annual taxable income, and on no more than 4000 EUR, as long as the insurance agreement term is for no less than 10 years.

Why choose us?

  • Professional assistance
    All our investment consultants are certified through the Baltic Financial Advisors Association.
  • Expert-managed investment portfolios
    CBL Asset Management has more than 20 years of experience in growing our customers’ capital. 
  • Transparent fees
    No hidden costs, with detailed reporting and clear terms.
  • One policy for the whole family
    Extend insurance coverage to your spouse, child, or loved one under a single flexible policy.
Apply Book a consultation

Investment strategies

  Conservative close

Focuses on low-risk fixed income assets with a small allocation to riskier investments for moderate returns and limited losses during downturns.
Balanced close

Combines fixed income assets and riskier investments like equities, offering higher returns during growth periods but with potential price declines in downturns.
Dynamic close

Focuses on riskier assets like equities and high-yield bonds for better long-term performance, while investment-grade bonds help mitigate risks during downturns.
Dynamic+ close

Invests entirely in equity markets to maximize long-term capital growth. Offers the highest potential returns but comes with the highest risk. 
Risk level Low Moderate High Very High
Asset allocation Predominantly bonds Mix of bonds and equities, leans towards bonds Mix of bonds and equities, leans towards equities Focus on equities
Ideal for Risk-averse investors Steady growth seekers High-return seekers Risk-taking investors
Useful
Conservative close

Focuses on low-risk fixed income assets with a small allocation to riskier investments for moderate returns and limited losses during downturns.
Risk level Low
Asset allocation Predominantly bonds
Ideal for Risk-averse investors
Useful
Balanced close

Combines fixed income assets and riskier investments like equities, offering higher returns during growth periods but with potential price declines in downturns.
Risk level Moderate
Asset allocation Mix of bonds and equities, leans towards bonds
Ideal for Steady growth seekers
Useful
Dynamic close

Focuses on riskier assets like equities and high-yield bonds for better long-term performance, while investment-grade bonds help mitigate risks during downturns.
Risk level High
Asset allocation Mix of bonds and equities, leans towards equities
Ideal for High-return seekers
Useful
Dynamic+ close

Invests entirely in equity markets to maximize long-term capital growth. Offers the highest potential returns but comes with the highest risk. 
Risk level Very High
Asset allocation Focus on equities
Ideal for Risk-taking investors
Useful

Income tax refund calculator

1000 EUR
120 000 EUR
At 3rd pension pillar:
In accumulative life insurance:
0 EUR
1000 EUR
Contributions to 3rd pension pillar and accumulative life insurance: as a % of annual income 8.00 %
Other possible contributions up to the maximum limit for receiving tax benefits: 200.00 EUR
Estimated tax refund for annual contributions
127.50 EUR
At 3rd pension pillar
76.50 EUR
In accumulative life insurance
In accordance with the Republic of Latvia’s Law On Personal Income Tax, you can receive an income tax rebate on payments not exceeding 10% of your annual taxable income, and on no more than 4000 EUR, as long as the insurance agreement term is for no less than 10 years.
Apply

How to get started? 

Start early and watch your wealth multiply over time. 

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Fill in the survey and find out the most suitable investment strategy for you.

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Determine your preferred contribution level.

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Get personalized advice from our financial experts to understand your options better.

Useful

More opportunities

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Set up a regular payment, save time and grow your pension savings without even trying. Service provided by Citadele subsidiary AS CBL Atklātais pensiju fonds.
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Accident insurance

Choose accident insurance for yourself and your family and avoid sudden expenses after accidental injuries, disability or even death. Service provided by Citadele subsidiary AAS "CBL Life".
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Investment funds

One of the most popular financial instruments, which offers the chance to maintain and even grow the value of your savings. Apply for a consultation and achieve your goals. Service provided by Citadele subsidiary CBL Asset Management.
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