Investments

Insurance Companies vs Banks
A Profitable Alternative for Investments

Following comprehensive checks that have been undertaken with the authorities in the Pension market in Israel, and in lieu of the reforms that have been implemented in Israel over the past number of years, insurance companies offer clients a wide range of financial products and policies including Kupot Gemel (pension funds), Kranot Hishtalmut (saving schemes) and other many high yield saving schemes.

Banks tend to have relatively low returns and high management charges and commissions. The Insurance companies on the other hand are able to grant:

• High yields
• Low management fees
• Accessibility to clear and readily available information

As independent consultants, Goldfus Insurance and Investments has professional working relationships with most of the financial bodies in the industry, and we are therefore able to provide you with the best policies that best suit you.

For example:
The Klal Hishtalmut fund under the management of Klal Gemel Finances achieved a yield of 14.17% as opposed to the 11.7% returns achieved in the Banking sector.

The Migdal Hishtalmut fund under the management of Migdal Gemel Platinum achieved a yield of 15.67% as opposed to the 12.52% return of the Kineret Banking policies.

We are also able to offer additional bonuses to clients who join pension and saving funds:

• Mortgages and loans at preferential rates to members of pension funds/
• Savings at improved interest rates.
• Discounts of thousands of New Israeli Shekalim as part of the family shopping basket of the client's Member Club.
• Free Insurance policies offered through the schemes.
• Continuity of payment to the funds should you be deemed to be unfit to work as a result of an incident / accident.

Transferring from existing funds to a new one does not affect the accumulation of right you may have and is not subject to any additional costs.

In addition to this, both employed and self-employed people are eligible to high tax rebates for contributions to Kranot Histalmut (saving schemes) and Kupot Gemel (pension funds).

We would be happy to arrange a personal meeting in order to discuss this further.

Goldfus Insurance and Investments takes no responsibility for changes in Israeli legislation that may alter the accuracy of the above information.
For clarification of any changes, please contact us nearer the time of your arrival.