Private provisions

Fund-linked life insurance
Swiss Life Premium Vitality Duo
Fund-linked savings offering potential returns and risk protection

The product
Swiss Life Premium Vitality Duo is a fund-linked life insurance product with attractive potential returns, financed by­periodic premiums. It can be concluded both in tax-qualifiedprovisions (pillar 3a) and in non-tax-qualified provisions(pillar 3b) (combined provisions). You also have the optionof a guaranteed lump-sum death benefit or a waiver of­premium in the event of disability. Additional insurance­cover is also available.
Tax-qualified provisions: Tax-qualified provisions offer legally
regulated tax advantages. Annual contributions can be deducted from taxable income up to a maximum total amount.
Investment income (interest, dividends) and capital returns
are tax free during the term of the insurance. The lump sum
payable at contract expiry is taxed at a reduced rate, separate
from other income.
Combined provisions: Combined provisions allow you toswitch at any time from pillar 3a to pillar 3b, or vice versa,­provided certain requirements are met. An extended breakin employment (e.g. to raise children, for further education,
to live abroad) means that you can no longer pay intopillar 3a.
The recommendation
Swiss Life Premium Vitality Duo is the right choice for you
if you are a return-oriented saver and wish to protect yourfamily or other designated beneficiaries.

The benefits· Potential returns: Thanks to the investment of your net savings premium in one or more investment funds, you are able
to participate in capital market developments and enjoy
attractive returns in the event of positive fund performance.
· 
Fund selection: You can choose from a first-class offering ofinvestment funds.
· 
Financial protection: You can conclude various coveroptions – individually or in combination:– In the event of disability, Swiss Life pays out the contractualannuity. Swiss Life also takes over premium payments foryou so that you always achieve your savings target.
– In the event of death, you protect your family or otherdesignated beneficiaries.
How it works
Swiss Life Premium Vitality Duo can link a tax-qualified andnon-tax-qualified insurance contract as required, and allows
you to switch between the two provisions. As a result, you havea guarantee that the insurance coverage defined on conclusionof the contract will be maintained for the entire term of thecontract. Swiss Life invests monthly on your behalf in your­selected investment funds. You can put together your fund­investment yourself and adapt it as required. You receive information on the performance of the fund investment on anannual basis. At the end of the contract, Swiss Life pays out
the full fund assets to you.
www.swisslife.ch/en/premiumvitalityduo

Graphical representation of Swiss Life Premium Vitality Duo
Option with guaranteed lump-sum death benefit and premium payment in pillars 3a and 3b
Potential return
Fund performance
Scenario 1

Guaranteed payment
in the event of death
Fund performance
Scenario 245678

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Insurance termin years
3a premiums
3b premiums

Facts and figures at a glance
OfferType of insurance
Financing
Risk protection
Investment form
TaxesTimeframe
Entry age
Final ageTermBenefits
In the event of survival
In the event of death

Options
Investment switch
Waiver of premium
Disability annuity
Lump-sum death benefit
Beneficiary designation
Policy loan
Pledging
Exit management

Fund-linked life insurance which combines tax-qualified provisions (pillar 3a)with non-tax-qualified provisions (pillar 3b)
Monthly premiums in CHF, minimum CHF 100
Risk protection can be adapted at any time during the insurance term
Selection of investment funds (see separate information sheet)
Pillar 3a: survival and death: lump-sum benefit is taxed separately from other income
at a reduced rate; during contract term: no income and wealth tax
Pillar 3b: survival: no income tax; during contract term: wealth tax on the surrender value(only cantonal); death: no income tax (inheritance tax depending on the canton)(In pillar 3a: premiums can be deducted from taxable income up to the statutory maximumamount.)

18 to 59 for women, 18 to 60 for men
59 to 69 for women, 60 to 70 for men
10 to 51 for women, 10 to 52 for men

Fund assets
Fund assets; provided at least the guaranteed lump-sum death benefit is insured(Death: if the fund assets are above the guaranteed benefit, the fund assets are paid out.
In any case the guaranteed lump-sum death benefit is paid out as a minimum.)Free switch of fund investment possible at any time
Possible; mandatory if no death cover
Possible
Possible; mandatory if no waiver of premium
Pillar 3a: legally prescribed order of beneficiaries
Pillar 3b: freely selectable
Pillar 3b: possible
Possible (however, restricted by law in pillar 3a)
By gradually reallocating your fund assets to a low-risk investment at the end of the term,
your investment risk is reduced and you are protected from negative market movements.
This service is provided free of charge.	Further information and individual advice
Are you interested in Swiss Life Premium Vitality Duo? Which funds suit your investor profile?
What insurance coverage corresponds to your individual circumstances? Your advisor will be happy
to give you the answers.

01.2020· Swiss Life Ltd, General-Guisan-Quai 40, P. O. Box, 8022 Zurich, tel. 0800 378 378· www.swisslife.ch/en/premiumvitalityduo
Disclaimer: The information provided is for information purposes only. It does not constitute an offer, solicitation or recommendation to buy or sell investment assets, to engage in transactions or
to conclude any other legal transactions. We accept no liability for the correctness of the information. The published information is intended exclusively for persons residing in Switzerland or in thePrincipality of Liechtenstein. The benefits and investments outlined here may not be acquired either directly or indirectly by persons with domicile in the USA and its sovereign territories or by its
citizens and persons with the right of residency, nor may they be transferred to them.