WE ARE - Wiener Städtische

»PRODUCTS
OFFERING CAPITAL
GUARANTEE AND
FLEXIBLE INVEST-
MENT ARE GAINING
IMPORTANCE.«
48 ANNUAL REPORT 2010 | WIENER STÄDTISCHE
PRODUCT AND SERVICE INITIATIVES
Wiener Städtische is the market leader and pioneer in
the development of innovative products tailored
to the customers’ personal needs.
NEW PRODUCTS IN 2010
In 2010, numerous products were relaunched.
This improves the high quality of
insurance protection even further. The new
benefit packages secure the customers’
most important basic needs and allow even
more personal customer responsiveness
through supplementary options.
The following are the major product innovations
in 2010. Detailed product information
is available on the company’s website at
www.wienerstaedtische.at.
SECURE INVESTMENT FOR
THE FUTURE
Limited Edition Series
In 2010 Wiener Städtische launched attractive
products as part of the Limited
Edition Series. These provision products
provide a safe investment, are a good alternative
to savings accounts and ideal as
financial security for family members. The
fixed endowment benefit is assured by
Erste Group Bank AG in the form of subordinate
bonds and, since 2011, with a senior
bond.
Limited Edition Garant 2010
With the Limited Edition Garant 2010,
158% of the investment sum is paid out
after 12 years after a one-time payment of
at least EUR 5,000. The index-linked single-
premium product offers the insurance
protection and the tax advantages (free of
investment income tax) of a life insurance.
The product enjoys an impressive rate of
return which is 3.9% p.a.; this corresponds
to an interest rate of 5.2% p.a. for a traditional
savings product subject to investment
income tax.
Limited Edition SOLID 150
Single Premium
The Limited Edition SOLID 150 singlepremium
product guarantees a net premium
of 150.8% after a term of 12 years
(deposit excl. insurance tax).
Limited Edition SOLID 175 + Inflation
Protection
In February 2011 Wiener Städtische
launched the new provision product Limited
Edition SOLID 175 + Inflation Protection.
The index-linked single-premium
product generates at least 175% of the net
premium after a term of 15 years (deposit
excl. insurance tax). One innovation is the
protection of the invested capital from the
effects of high inflation. If the total increase
in the European price index HICPxT (excluding
tobacco) is higher than the minimum
return of the investment, the payment
will increase accordingly. Other highlights
include the flexibility of the product during
the term. The product offers a one-time
withdrawal of 25% as of year 6 of the insurance
policy and, as of a one-time premium