Save for a specific goal with Absa Linked Endowment
Save for a specific goal with Absa Linked Endowment
Boost your pension fund, buy a home or save for education with the Linked Endowment Policy.

Linked Endowment benefits

Transparency

Transparency

No hidden fees or charges

Beneficiary benefits

Beneficiary benefits

Immediate payout to your beneficiaries in the event of your death.

Tax benefits

Tax benefits

Pay no tax  on your lump sum payout at maturity of your policy.

Clear reporting

Simplicity

Easy features, simple fees.

What you need to know

  • What is it?

    • A versatile Linked Endowment Policy underwritten by Absa Life
    • Allows you to craft a personalised investment solution in order to achieve specific objectives
    • Also acts as a life policy.
       

    What do you get?
     

    With guidance from an adviser, you can customise your portfolio to suit your current and future lifestyle goals.
     

    Terms and conditions apply.*

     

  • Tax implications

    It is imperative that investors receive impartial and accurate tax advice from an authorised tax professional.
     

    • Since your policy is a long-term insurance product and the life company is responsible for paying tax on the investment, as an investor in high-income tax bracket you may benefit from this product
    • Proceeds are paid out by the insurer free of income and capital gains tax, either on withdrawal or at maturity
    • The insurer will pay income tax and capital gains tax on the growth of the investment over the investment period at the applicable tax rates.

     

     

  • How to apply

    To start investing, all you need to do is:


    1. Download and complete the forms below
    2. Email the forms to aimscc@absa.africa
    3. We'll get back to you as soon as possible
       

    Forms:

    One Investment form for Individuals

    One Investment form for Legal Entities

     

     

    Need something else?

    We have investments to suit your budget and goals. Visit the resources page for more.

Explore your options

Guaranteed Outcomes

A single premium endowment policy offering a guaranteed maturity value after five years if held to term.
Investment options
Local
Access to funds
Five Years
Contributions
Lump sum
Need more help?

Let one of our consultants help you get the best investments for your needs.

Contact us:

Call us on : 0860 000 005

Email us at : aimscc@absa.africa