Italy’s insurance company Sara Vita has launched Sara Bi-Fuel PIR, a multi-life policy investing in Italian SMEs.
Sara Vita is the company of the Sara Assicurazioni Group specialised in the area of savings, social security and protection, with a range of services in the area of investments too.
Some 70% of Sara Bi-Fuel PIR is invested in the company’s own insurance fund Sara PMI Italia, which aims to increase the value of the investment by selecting both Italian and European businesses – as long as they have a stable organisation in Italy – with the best growth opportunities.
The remaining 30% invests in FONDO PIÙ, the only segregated management of Sara Vita, which, through a prudent and diversified approach, achieves results historically higher than market averages, and offers stable returns over time and the security of a recognized and consolidated annual revaluation.
Sara Bi-Fuel PIR allows for investments from €5,000 to up to €30,000 annually, and the possibility of adding to the initial investment payments of €2,000 to €30,000.
Alberto Tosti, general manager of Sara Assicurazioni and Sara Vita, says: “With Sara Bi-Fuel PIR we wanted to seize the opportunities and advantages offered by the new formula of individual savings plans, making available to our customers a truly innovative tool, which allows them to enhance their savings, reduce the tax burden, and invest in the most dynamic and promising Italian entrepreneurial realities.”