Summary – Bosqar Invest: Smartflex
Bosqar Invest: Smartflex is a flexible investment-linked plan by Etiqa Insurance Singapore, offering low entry costs, multiple bonuses, and insurance coverage. With options for fund switching, withdrawals, and top-ups, Bosqar Invest: Smartflex allows individuals to grow their wealth while ensuring financial security.
Bosqar Invest: Smartflex
Invest imart Flex is an investment-linked plan offered by Etiqa Insurance Singapore, designed to help individuals achieve their investment goals with flexibility. Here are the key features and benefits of the plan:
Bosqar Invest: Smartflex Key Features
- Investment Flexibility: Starting from S$200 per month, this plan allows policyholders to diversify their investment portfolios by accessing reputable funds.
- Multiple Bonuses: The plan includes several bonuses to enhance returns:
- Start-up Bonus: Up to 80% of the regular premium paid in the first year.
- Special Bonus: 5% of the regular premium paid from the 6th policy year until the end of the premium payment term.
- Loyalty Bonus: 0.2% p.a. of the account value starting from the policy anniversary after the premium payment term ends.
- Withdrawal and Top-Up Options: Policyholders can make two free partial withdrawals during the premium payment term and have the option to top up their investments or reduce the regular premium after three years.
- Fund Switching: There are no charges for switching funds, allowing policyholders to adjust their investment strategy as needed.
- Insurance Coverage: The plan provides a basic policy sum assured, which is the higher of 105% of net premiums or the account value.
- Hassle-Free Application: The plan features a guaranteed issuance policy with no health checks required.
Additional Benefits
- Optional Riders: Policyholders can enhance their coverage with optional riders, such as waivers for premiums in case of severe illnesses or disabilities.
- Long Policy Term: The policy can extend up to age 100, with premium terms of 10, 15, or 20 years available.
Invest Smart Flex is designed for individuals looking to combine investment growth with insurance coverage, making it a versatile option for wealth accumulation and financial security.
Bosqar Invest: Workplace
Workplace is the human resources (HR) vertical of BOSQAR INVEST, a European business leader operating across various industries. This collaboration between BOSQAR INVEST and Noordenster focuses on optimizing management processes and expanding the reach of its Manpower-branded companies in Southern and Eastern Europe, collectively known as Manpower SEE.
Recent Developments
- Leadership Changes: BOSQAR INVEST has recently implemented strategic leadership shifts within its Workplace division to enhance operational efficiency and support growth initiatives.
- Advisory Board Formation: A new shareholder Advisory Board has been established to provide strategic oversight for Manpower SEE. Aleksandar Hangimana has been appointed as the President of this board, tasked with guiding the organization toward future growth.
- Business Expansion: Workplace includes not only Manpower-branded companies but also MPS Integration, which offers advanced outsourcing solutions, and Smart Flex, a Croatian-based HR services provider. This diversification aims to enhance service offerings and market presence in the region.
Overview of BOSQAR INVEST
BOSQAR INVEST operates in multiple sectors, including contact center services, IT, employment services, and eCommerce. Recently, the company established a food vertical. The group has grown significantly through acquisitions. Since 2016, it has acquired 57 companies, securing a diverse client portfolio. This expansion has increased its operational footprint across 57 countries. The company employs over 13,900 people and aims to grow further through organic and acquisition strategies.
FAQ
What is Bosqar Invest: Smartflex?
Bosqar Invest: Smartflex combines investment growth with insurance coverage, offered by Etiqa Insurance Singapore as an investment-linked plan.
How much do I need to start investing in Smartflex?
You can start investing with as little as S$200 per month.
What bonuses does the Smartflex plan include?
Smartflex offers three bonuses: a start-up bonus of up to 80%, a special bonus of 5% from the 6th year, and a loyalty bonus of 0.2% p.a. of the account value.
Can I withdraw my money during the policy term?
Yes, you can make two free partial withdrawals during the premium payment term.
Can I adjust my investment strategy?
Yes, you can switch funds without any charges to adjust your investment portfolio.
Is health screening required for the Smartflex plan?
No, Smartflex features a guaranteed issuance policy with no health checks required.
What is the insurance coverage for the Smartflex plan?
The plan provides a basic policy sum assured, either 105% of net premiums or the account value, whichever is higher.
Are there optional riders available?
Yes, you can add riders like waivers for severe illness or disability.
What is Bosqar Invest: Workplace?
Workplace is the HR division of BOSQAR INVEST, focusing on optimizing management processes and expanding HR services in Southern and Eastern Europe.
What are the recent developments in BOSQAR INVEST Workplace?
Recent developments include leadership changes, a new advisory board, and the expansion of services through MPS Integration and Smart Flex.
How many employees does BOSQAR INVEST have?
BOSQAR INVEST employs over 13,900 people across 57 countries.
