A unit-linked life insurance service „Save child fund“

Upon conclusion of the Secure Child Fund Contract, an investment strategy tailored to your needs and accumulation term will be selected. Normally, investment strategy at the beginning of accumulation is more risky to enable your fund to earn money. Afterwards the risk is gradually reduced to preserve the accumulated funds.

At the beginning of the Contract term more risk is assumed by investing into equities (shares). Then the investment risk is gradually reduced by transferring part of the investment to bonds. This provides more security for the accumulated amount at the end of the term.

Your payments will be allocated for the following investments:

• Allocation for global equities

  Allocation for global equities is a high-risk long-term investment. By allocating funds for this investment one may expect both higher return and greater value fluctuations. The majority of the investments are made in equities in the developed markets, with the remaining part going to equities in the developing markets. The results are more stable in the course of change of economic cycles based on the stability of developed regions and the growth potential of developing countries. Click here for more information.

• Allocation for medium-term bonds

  Allocation for medium-term bonds is a low-risk investment for the period of 5 to 7 years. Less fluctuation in value and lower return can be expected in case of this allocation. Investments are made in the euro area government bonds with a maturity of 5 to 7 years. This is an allocation with the unit value reflecting the average rate of return, i. e. the 5 to 7 year‘s term euro area bond index. Click here for more information.

• Allocation for short-term bonds

  Allocation for short-term bonds is a low-risk investment for the period of 1 to 3 years. Less fluctuation in value and lower return can be expected in case of this allocation. Investments are made in the euro area government bonds with a maturity of 1 to 3 years. This is an allocation with the unit value reflecting the 1 to 3 year‘s term euro area bond index. Click here for more information.

1. Log in the internet bank and calculate what is the amount you would like to collect.
2. Start concluding agreement.
3. Fill in investment profile questionnaire.
4. Verify and confirm the data entered.
5. Monthly contributions will be made automatically, using e-invoices solution.

If you have questions about concluding the agreement online, please call us on 1884.

Our Consultation Centre‘s specialists will be happy to assist and advise you.

Sign up for a consultation

Please read the following important information prior to concluding the Contract:

• Key information Document
• Insurance Rules
• Standard contract service fees
• Information prior to concluding the contract
• Information on insurance broker

Manage savings contract in your internet bank:

• change regular contributions (increase, decrease, suspend, start again regular contributions);
• pay additional amount.

Please visit Swedbank branch or call to Consultation Centre in case of:

• You want to terminate contract it can be done at the branches of the bank or via internet bank having previously called Consultation Centre. Before you do that please take into account, that:

  • If the contract hasn’t been in force for at least 5 years, you will have to pay a fee according to Price list.
  • Guaranteed-amount condition will not be valid.
• Indemnity payout out at the contract maturity. The person for whom the savings were created should submit an application for indemnity payout in internet-bank or in any Swedbank branch.

If you have any question or hesitation regarding your insurance agreement or disbursement of accumulated savings, you are kindly invited to call us 1884, send us an email info@swedbank.lt or visit the nearest “Swedbank” branch.

You will find information about the procedure of claim settlement and answers to the applicants' questions.

In case of any doubt in our answer, you always have the right to apply to the Supervision Service of the Bank of Lithuania: correspondence address: Žalgirio g. 90, LT-09303 Vilnius. The description of the detailed procedure of dispute settlement is available on the website of the Bank of Lithuania.