Savings for Child’s Future

Do you want to start saving for child's future dreams?

You allot money for your child's future;
we take care of investments;
your life is insured - in case of your death, we will pay the remaining insurance premiums as stipulated in the insurance rules;
guaranteed amount in the end of the agreement.

Minimum contract period should be 10 years.

You can always contribute with separate single payments, e. g. by transferring some savings into "Savings for Child’s Future" at the start of the agreement.

Remove single payment

You can always contribute with separate single payments, e. g. by transferring some savings into "Savings for Child’s Future" at the start of the agreement.

EUR

Check your predicted investment return calculation by clicking on each of the different market scenarios:

Positive scenario This scenario reflects the case of moderately positive investment performance based on historic returns for the underlying investment. It is expressed in terms of annual average returns, assuming 10 year overall holding period. The return used in this scenario is from the higher end of the spectrum of possible annual average returns (90th percentile). Calculations are based on the full history of the strategy since strategy inception. Source: Bloomberg.
Past performance is however not a guarantee for future returns, the investments value may rise or fall in the future. Please note, that the shorter is the holding period of investments, the higher is the probability of steep falls, and vice versa.Moderate scenario This scenario reflects the case of average investment performance based on historic returns for the underlying investment. It is expressed in terms of annual average returns, assuming 10 year overall holding period. The return used in this scenario is at the median of the spectrum of possible annual average returns (50th percentile). Calculations are based on the full history of underlying funds - since fund inception. Source: Bloomberg.
Past performance is however not a guarantee for future returns, the investments value may rise or fall in the future. Please note, that the shorter is the holding period of investments, the higher is the probability of steep falls, and vice versa.Negative scenario This scenario reflects the case of moderately negative investment performance based on historic returns for the underlying investment. It is expressed in terms of annual average returns, assuming 10 year overall holding period. The return used in this scenario is from the lower end of the spectrum of possible annual average returns (10th percentile). Calculations are based on the full history of underlying funds - since fund inception. Source: Bloomberg.
Past performance is however not a guarantee for future returns, the investments value may rise or fall in the future. Please note, that the shorter is the holding period of investments, the higher is the probability of steep falls, and vice versa.

Predicted pay-out Predicted amount (netto) that would be paid-out to you at the end of the contract. This amount can be either market value at the contract end or guaranteed sum if return on investment will be negative.
0EUR
Sum of monthly payments Estimated total sum of monthly payments to be paid into the agreement during its term.
0EUR
Predicted guaranteed amount Guaranteed amount becomes important should investment yield be negative by the contract Maturity. This gives the protection that the pay-out at contract maturity will not be lower than the guaranteed amount, regardless of how investments perform. The guaranteed amount at contract maturity is equal to total amount of payments paid into contract minus contract fees. If the contract is cancelled prior to maturity, the guaranteed amount is no longer applicable.
0EUR

Schedule of payment & fees

Positive scenario

Contract year	Total amount of payments	Risk fees according to pricelist Risk fee is the fee for insurance protection - insurer's promise to proceed saving instead of you, should you die - and it depends directly on agreed monthly premium amount.	Management and guarantee fees Management fee is used for management of your contract's life cycle investment portfolio and guarantee fee to protect your contract against negative investment results.	Estimated amount accumulated at the end of contract term It's estimated (prognosed) value of savings calculated with estimated interest rates and payments you have defined above. Actual value of saving depends on actual investment performance of assets. Investment performance is not guaranteed as it depends on underlying assets earnings from financial markets during contract period. It is shown already net of contract fees.

• The forecast made is only an example, calculated on the basis of the above assumptions and standard fees, and it does not guarantee that the investment value of the contract or the amount of the guarantee will coincide with the data provided in the example.
• We would like to draw attention that investment value of the contract may both increase and decrease, and is subject to actual profitability of investments. The insurer does not guarantee profitability of investments or saved amount.
• The insurer will pay the guarantee amount only provided the contract remains effective until maturity date and investment amount on maturity date is less than the guarantee amount.
• The assumptions and calculation logic used in this calculator and in the product key information document are different. When choosing an insurance product, please also review the performance scenarios in the product key information document.

Do You have any questions?

Book a consultation

It is an investment life insurance service for growing savings for your child to start independent life. Starting paying monthly insurance premiums at early age of your child, you will be able to save more for your child's future.

How does it work?

You allot money for your child's future. Minimum monthly amount is EUR 30.
We take care of investments. Individual investment strategy tailored to your needs.
We insure your life – in case of your death, we will pay the remaining insurance premiums as stipulated in the insurance rules.
In the event of your death the remaining amount will be paid for you to this contract by Swedbank Life Insurance SE. The sum of the remaining payments will be calculated as follows: the monthly insurance payment (maximum EUR 100) multiplied by the number of full months remaining until the end of the term.

Safe Child Fund is an excellent decision to save for your child's future!

A very convenient way to save your child's state-paid money.
Others, e.g., grandparents or godparents, can contribute to savings. It can be a meaningful birthday present for a child. (download a voucher ).
To be able to save more, you can increase the monthly insurance premium at any time.
Should you have any financial difficulties, you can also reduce the premium at any time.
In addition, there is an option of a 5% annual indexation of the periodic payment. This means that every year during the term of the Secure Child Fund Contract your payment will be increased 5%: having started from a minimum amount, you will save more with time.
Guaranteed amount in the end of the agreement.
The amount of the guarantee is not paid if the contract is terminated or otherwise expires ahead of schedule.

Upon conclusion of the Secure "Savings for Child’s Future" 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.

{ "title": { "text": "Investment structure" }, "xAxis": { "visible": true, "title": { "text": "Remaining years till end of contract" }, "categories": ["20", "19", "18", "17", "16", "15", "14", "13", "12", "11", "10", "9", "8", "7", "6", "5", "4", "3", "2", "1"], "labels": { "rotation": 0 } }, "yAxis": { "visible": true, "title": { "text": "" }, "labels": { "format": "{value}%" } }, "plotOptions": { "series": { "stacking": "percent", "pointWidth": 40, "dataLabels": { "enabled": false } } }, "legend": { "enabled": true, "reversed": true } }

{ "chart": { "height": 720 }, "title": { "text": "Investment structure" }, "xAxis": { "visible": true, "title": { "text": "Remaining years till end of contract" }, "categories": ["20", "19", "18", "17", "16", "15", "14", "13", "12", "11", "10", "9", "8", "7", "6", "5", "4", "3", "2", "1"] }, "yAxis": { "visible": false, "title": { "text": "Total fruit consumption" }, "labels": { "format": "{value}%" } }, "plotOptions": { "series": { "stacking": "percent", "pointWidth": 20 } }, "legend": { "enabled": true } }

The investment structure uses asset classes and the distribution between investment lines:

Investments in this asset class consist mainly of equity securities (equities) from developed markets, but may also include a small proportion of equity securities (equities) from emerging markets. The investment lines are: Global equities (50% allocation) and Global equities 2 (50% allocation). More on the investment directions.

This asset class consists of medium term Eurozone government bonds and global corporate bonds issued in euro (average term to maturity 10 years). The investment directions are: Medium term bonds 2 (50 % allocation) and Medium term bonds 3 (50 % allocation). More on the investment directions.

This asset class consists of short-term euro-area government bonds issued in euro (average term to maturity 3 years). Investment directions: Short term bonds (100% allocation). Life insurance investment directions - Swedbank

Log in the internet bank and calculate what is the amount you would like to collect.
Start concluding agreement.
Fill in investment profile questionnaire.
Verify and confirm the data entered.
Monthly contributions will be made automatically, using e-invoices solution.
Print a special certificate. You may fill it in and save together with your child – let the Savings for Child’s Future become a meaningful present!

Download a certificate

If you have questions about concluding the agreement online, please call us on +370 5 268 4444.

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

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 +370 5 268 4444, send us an email info@swedbank.lt or book a consultation via our internet bank to 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.

Valid from 18 December 2020

Fee	Amount of the fee
Contribution fee	Not applicable
Administration fee The administration fee is discounted from the investment value of the agreement	1.25% annual fee. A 10% discount applies when the cumulative investment value is > EUR 10,000.	The fee is calculated monthly on the investment value of the agreement and is deducted from the investment value of the agreement.
Guarantee fee	0.20% – annual fee.	The fee is calculated monthly on the amount of the guarantee and is deducted from the investment value of the agreement.
Risk fee	2.50% – monthly fee, up to a maximum of EUR 2.50.	The fee is calculated each month on the amount of the monthly contribution (the risk fee applies to a maximum contribution of EUR 100/month).
Agreement termination fee	1.0%, but not more than EUR 50. The fee is waived 5 years after the date of conclusion of the agreement.	The fee is calculated on the investment value of the agreement and is deducted from the investment value of the agreement.
Fee on the payment of the share of the investment value	1.0%, but not less than EUR 20. The fee is waived 5 years after the date of conclusion of the agreement.	The fee is calculated on the investment value of the agreement and is deducted from the investment value of the agreement. After the payment of the investment value portion, the remaining investment value of the agreement must not be less than EUR 300.

During the term of the agreement, the company reserves the right to modify the standard fees for the management of the agreement in accordance with the rules.

Further information on the payment of insurance premiums

Watch a brief instruction on how to pay an additional insurance premium to the "Savings for Child’s Future" if the agreement has been concluded by a person other than you.

documentInstruction
Important! When paying an additional insurance premium, you must indicate your personal identification number.
Please note that when an insurance premium is paid by a person other than the person who has concluded the agreement, this premium will not be subject to the Personal Income Tax rebate and will not be included in the calculation of the respective tax refund. Further information of the tax rebate is available here.

Anti-bullying Service - designed to provide support for parents and their children in case of a bullying event that has happened in or outside school or on digital platforms.
The Anti-bullying service in Lithuania provides by the foundation “Fonds PLECS” by involving VŠĮ KULTIVUOTI and specialist(s) selected by the foundation and is available to customers who have concluded the life insurance contract types specified in the terms and conditions of the Anti-bullying service (PDF) for children living in the same household.

Conflicts between children or adolescents can happen. Certain types of abusive relationships between children are called bullying and can result in greater stress, mental health problems and worse future prospects. Sometimes bullying can even endanger the child’s health or life.

The service provides personalised support aimed at strengthening children’s conflict resolution skills and mental self-regulation in case of a bullying event.

Swedbank is committed to support United Nations Sustainable Development Goals. Anti-bullying service may contribute to the following of these goals - Good health and well-being, Quality education, and Peace, justice and strong institutions.

The service is available for both families and children who are experiencing bullying and families whose child is the offender in cases where parents are willing to solve their children´s offensive behaviour.
Available for children aged 6-17 (inclusive).
The customer is not charged anything extra for the service.

Find out more about what is bullying and the Anti-bullying Service in the terms and conditions of the Anti-bullying service (PDF).

Parents get an assessment of whether the incident is bullying or a conflict.
Specific steps for parents to take immediately.
Individualised specialist support.
Practical tips if not bullying.
Quick response in critical cases.
Service expenses are covered.

Before applying for the service make sure that:

your insurance contract and insurance covers are valid when bullying has happened;
last incident has happened no more than 3 months ago.

Report Fonds Plecs website. There you have to:

register yourself and children;
provide case details about bullying. Assessment of the case will be handled by Fonds Plecs.

Importance of sustainability

Investing with sustainability in mind helps protect your savings from future risks, while also contributing to a positive impact on the world. By focusing on responsible investments, you’re not only securing your future but also helping create a better one for the next generation.

Sustainability risks, such as climate change, regulatory shifts, and violating social norms, can significantly affect the financial performance of companies. For example:

Businesses reliant on fossil fuels may lose market value as clean energy becomes dominant.
Companies with weak social practices might face legal penalties or reputational damage.
Companies aligned with green technologies and renewable energy not only mitigate these risks but also present long-term growth opportunities, positioning your investments for resilience and higher returns.

Investments in companies with higher environmental, social and governance (ESG) scores provide better long-term returns than those with lower ratings.

Your investments will be directed toward funds that include environmental, social and governance factors, such as:

Promoting investment in companies that contribute to the UN Sustainable Development Goals
Promote long-term reductions in greenhouse gas emissions;
Minimising exposure to companies active in the fossil fuel sector;
Reducing exposure to companies that violate international norms and ethical standards, including issues related to controversial weapons and human rights.

The ESG risk of underlying companies is maintained at or below ’medium’ rating by considering all investments made within the product.

All management companies of funds invested in must have signed the UN Principles for Responsible Investments.

For more information on the sustainability characteristics of this product, please refer to the Sustainability-related disclosures (PDF). Other contractual sustainability information can be seen under Conditions and fees.
For more information on annual performance of the sustainability characteristics of this product, please refer to periodic report (PDF).

Statement on principal adverse impacts of investment decisions on sustainability factors

For information on how principal adverse impacts of investment decisions on sustainability factors are considered by Swedbank Life Insurance SE, please refer to the Statement on principal adverse impacts of investment decisions on sustainability factors (PDF).

Do something nice for yourself – start saving in 3rd pillar pension funds.

Private Portfolio is for people who appreciate their time and convenience in making investments.

A convenient way of investing the spare money in a diversified and sustainable manner.

Take stock of your financial health and get useful insights and advice.

Savings for Child’s Future is a unit-linked life insurance service provided by Swedbank Life Insurance SE Lithuania Branch through its representative Swedbank, AB.

Savings for Child’s Future is a unit-linked life insurance service where the investment risk is assumed by the policyholder.

Please note that the investment value of the contract may either increase or decrease depending on the actual yield of investments. The insurer does not provide guarantees of yield on investments and accumulated investment value.

The insurer will pay the guaranteed amount provided that the contract remains in effect until the end of the terms and the investment value of the contract is lower than the guaranteed amount as of the end of the term of the contract.

The information provided may not be treated as the insurer‘s recommendation to choose this service; you are responsible for your choice, therefore, prior to deciding on the entering into the unit-linked life insurance contract you should familiarise yourself with the detailed information contained in the insurance rules, descriptions of investment allocations and other information published on www.swedbank.lt.

Savings for Child’s Future

Do you want to start saving for child's future dreams?