Reaching your goals is only
4 steps away
Pick a goal you want to save for!
Decide how much you can afford to save per month for your goal.
Find out your risk profile and decide for yourself which investment strategy and guarantee level you want to go for.
Enjoy full transparency by tracking the performance of your investment anytime and anywhere.
How VestUp enables you to reach your goals
Safety & return on investment
VestUp helps you achieve your financial goals. Our life insurance offers you three investment strategies developed by Munich Re professionals: 'Secure', 'Balanced' and 'Dynamic'. It's up to you to decide whether you want to play it safe or be exposed to more risk in exchange for the potential to realise higher returns.
Low fees & full transparency
For our 'Balanced' and 'Dynamic' investment strategies, with more attractive returns, we charge only 0.5% per year on the value of your invested balance (plus third party costs for the SaveWell index). The 'Secure' strategy offers no investment exposure or returns and is therefore free of charge. There are no additional fees for any of the strategies, e.g. for withdrawals or cancellations.
Your VestUp digital life insurance is as flexible as your bank account. You can make deposits and withdrawals at any time, change your monthly contribution amount and track the development of your savings. There is no minimum term length - you can cancel at any time.
You want to know more about VestUp?
Do I have to pay any fees for the account?
There are no fees for the 'Secure' investment strategy. For the other two strategies – 'Balanced' and 'Dynamic' – we charge a standard flat fee which amounts to no more than 0.5% of your contributed savings per year. The corresponding SaveWell index is subject to additional third party costs which are listed in the Index Fact Sheet and in the Key Information Documents. These costs are calculated and deducted on a daily basis so you have full visibility. We don’t charge any other fees: no registration fees, no initial costs, no cancellation fees, no fees for deposits/withdrawals and no penalties if you want to skip a monthly investment.
Who manages my money?
Your money is managed by Munich Re professionals, who have come up with investment strategies that ensure a balanced mix of risk and reward. Munich Re has a long history dating back to 1880 and is one of the largest and most respected reinsurance companies in the world. It has successfully managed assets of some of the world’s biggest insurance companies for decades. The company has more than 40,000 employees worldwide and is listed on the DAX stock exchange.
Can I access my money at any time?
Yes! We understand that life is unpredictable and can change from one day to the next. That’s why we give you the flexibility to withdraw or deposit your funds any time, anywhere.
How does the guarantee work?
The VestUp guarantee is only offered for the investment strategies 'Balanced' and 'Secure'. For the 'Balanced' strategy, VestUp calculates the guaranteed component each day on the basis of your goal’s current value. This involves complex financial and mathematical models and allows us to provide you a guarantee of 80% of your contributions after a specified guarantee date. For the 'Secure' investment strategy, we hold your money in a risk-free cash index so that we can assure you 100% preservation of your deposited funds.
See the potential of your budget
Based on a 5% average growth rate / year