College Fund+
A unit-linked life insurance contract with a capital guarantee by the maturity date of the contract
MAIN FEATURES OF CONTRACT
Every young person needs a start-up money to get the education they deserve and to make a decent start in life out on
their own. College Fund+ ensures that you as a parent will never be hit by costs unexpectedly.
 You can enter into the contract if you are an adult Estonian resident of up to 50 years of age (included); the minimum length of the
contract is 5 years.
 After the expiry of the contract the start-up capital saved in the Fund will be paid out to your child when their age is between 18
and 21 years.
 College Fund+ is a life insurance contract where contributions are invested in funds. The allocation of funds is changed
automatically in accordance with the duration of the contract.
 Contributions into the contract can be made by you and other family members, such as the grandparents, uncles and aunts of
your child, either as regular payments or one-off payments on the child's birthday or other occasions.
 The minimum agreed insurance premium is 25 euros.
 The annual rate of the administration fee is 1.25% of the value of the accumulated reserve, but not less than 2 euros per month.
 You will have a good overview of your contract in the Internet Bank, where you can keep an eye on the performance of College
Fund+ and make changes in the contract. You can give your child the right to access contract-related information in the Internet
Bank.
 You can calculate the insurance premium that suits you best using the calculator in the Internet Bank: www.swedbank.ee >
Investment, saving, pension > Accumulation for children > College Fund+
 You can enter into the College Fund+ contract in the Internet Bank or at one of our branches.
INVESTMENTS
College Fund+ is a unit-linked life insurance contract where the investment risk is borne by the policyholder. Investment risk
means that the income earned or the expenses incurred by the policyholder on the contributions made into the insurance contract
depend on the performance of the underlying assets of the insurance contract and the changes in its market prices. The value of the
underlying funds may go down as well as up during the contract period.
 College Fund+ is suitable for clients who are prepared to take higher risks during the savings period in order to achieve a higher
yield.
 College Fund+ is not suitable for clients whose risk tolerance is very low. You should also be sure before you sign the contract if
the savings period is very short.
Portfolio structure changes automatically to gradually decrease investment risk as contract maturity approaches. Most of the money
is paid into equity funds at the start of the contract and the share of bond funds increases as the maturity date of the contract gets
closer. Investment risk will decrease over the years, as the proportion of conservative asset classes is gradually increased until they
are in the majority at the maturity of the contract.
GUARANTEE
College Fund+ guarantees that by the maturity date of the contract the sum of your paid-in contributions will not be
negatively affected by funds’ performance.
 The payout at contract maturity equals the larger of the two: the value of the savings reserve (the market value of your
investments minus contract fees) or the guaranteed amount (the total amount of your contributions minus contract fees).
 The guarantee does not apply to the payments made into the contract if the contract is terminated prematurely.
 The annual rate of the guarantee fee is 0.2% of the value of the guaranteed amount and it is deducted from the savings reserve.
INSURANCE COVER
College Fund+ provides insurance cover – should you pass away, the insurer will pay the agreed amount into the contract.
 Saving money in College Fund+ gives you the security that even if you’re no longer there, your child will have the money to start
an independent life or go to college. In the event of the policyholder’s death the insurer will make payment into the contract equal
to the contributions until the end of the contract, ensuring that you child will get the necessary money as planned.
 The sum insured is the amount of money equal to the insured monthly premium multiplied by the number of full calendar months
remaining until the maturity date of the contract, but not less than 2% of the savings reserve.
 Insurance cover is in force 24 hours a day worldwide.
 The maximum amount of the insured monthly premium is 75 euros.
 The insurance cover fee is 2.5% of the monthly premium. For example, in the case of a 30-euro monthly premium the insurance
cover fee is 0.75 euros.
EXCLUSIONS OF CONTRACT
For the purposes of this Contract, the Insurer is not obligated to pay the Sum Insured if the death of the Insured was caused by any
of the following:
 suicide by the Insured within two years from the entry into force of the Contract or within two years from an increase of the
monthly Insurance Premium payment to the extent of the increased sum;
 an illness within one year from the conclusion of the insurance contract or one year from an increase of the insured monthly
insurance premium to the extent of the increased sum, except in the case of a dynamic increase of the premium;
 a wilful act of the Beneficiary, which caused the death of the Insured or inflicted on the Insured a bodily injury as a result of which
the Insured died;
 the driving of a means of transport by the Insured in a state of intoxication;
 a wilful illegal act of the Insured;
 a state of war, the participation of the Insured in military operations or in mass disruptions (a military operation does not include
reservist training or compulsory military training during peacetime;
 a nuclear disaster or other weapons of mass destruction.
BONUS FOR GOOD PERFORMANCE IN SCHOOL
If at the end of the school year your child's school report is all A’s – or even if there’s one B in there – send it to us and we will take
25% off the College Fund+ administration fee for the next school year. Grades for behaviour and diligence are taken into account,
too.
The service is provided by Swedbank Life Insurance SE and the insurance intermediary is Swedbank AS. Please read our insurance terms and
conditions and consult a specialist. The description of the situations of conflicts of interest related to intermediation activities is available on the website
of Swedbank AS at www.swedbank.ee/mifid.