CNP Assurances and La Banque Postale announced today the national launch of a “support croissance” with 80% guarantee of net payment and 12-year maturity. Offered as part of a self-managed Cachemire 2 life insurance contract, it is distributed by Banque Postale and addresses clients who are seeking performance with partial guarantee of capital.

Amidst low rates, this new type of support offers an alternative to investing in euro funds, with higher potential for earning in the long term. This support is created and managed by CNP Assurances and offers protection of 80% of capital (net of payment costs) and a 12-year maturity. It is marketed by La Banque Postale and included in the Cachemire 2 life insurance contract free management formula, along with euro supports and unit-linked vehicles. 

Coined "Croissance 80-12 years", it is being marketed to a clientele looking to diversify their savings. Particularly adapted to savers looking for an alternative to euro funds, it provides higher earnings in the long run in return for risk-taking. As the partial protection of capital does not apply before the 12-year maturity, this support is exclusively for savers under 65 years of age.

The “support croissance” has been marketed by the most experienced advisers at La Banque Postale since 1st November 2016. Both first-time Cachemire 2 subscribers and holders of a Cachemire 2 contract can subscribe to it. It is also available to clients who hold a GMO or Ascendo contract through transfer to Cachemire 2 who wish to keep fiscal anteriority.

"After a particular success with the bank's most experienced advisers, La Banque Postale has rolled out marketing of its “support croissance” nationally. It's a prime opportunity for our clients to diversify their savings while also contributing positively to the economy and to the financing of companies", said Catherine Charrier-Leflaive, Head of Retail Banking and Insurance at La Banque Postale.

"We are pleased to be able to offer La Banque Postale's current and potential clients a way to diversify their savings by subscribing to this new “support croissance”, the duration and term of which have been chosen to offer true performance possibilities. Of course, this offer may change, depending on financial market activity", said Martine Vareilles, head of the La Banque Postale partnership business unit at CNP Assurances.