HORIZON PLACEMENT contract allows you to grow your capital. In the event of death or total and definitive disability, the initial capital revalued on the date of the loss is paid to the beneficiary.

You complete and sign a subscription proposal. No medical screening is made.

The contract takes effect no later than 15 days after payment of the premium. The effective date is specified in the special conditions of the contract. The duration of the contract is that decided upon when the proposal is signed. The recommended duration is greater than 5 years.

Your savings are made up of all the payments increased each year by income produced in respect of participation in technical (up to 90%) and financial (up to 85%) profits made by ACAM Vie. For information, the expected revaluation rate is at least 3.8% net. In particular from 2,000,000 FCFA the revaluation is between 4.5% to 6% net per year (rate guaranteed for 5 years and expected beyond 5 years).

From the end of the first year of the contract, you can request by simple letter a withdrawal of part or all of the capital reached. Only the total surrender terminates the contract. Compliance with the recommended duration which 5 years, makes it possible not to apply redemption fees (equal to 5% from the second year, decreasing thereafter and equal to 0% after the fifth anniversary of the contract).

Payment for any service (partial, total redemption or expiry of the contract) is made within 48 hours after submission of the supporting documents required for payment.

The guaranteed capital at a given date is equal to the initial capital net of payment charges increased by the guaranteed revaluation, profit sharing, possibly reduced by partial redemptions and unreimbursed advances.

The charges included in the premium or on the revaluation of the savings acquired are as follows:

• Fees on installments: set at 3% of installments (commercial premium).
• Charges on outstandings: set at 1% of outstandings for the previous year.