Savings are the foundation of financial stability. They provide an immediate safety net in difficult situations and can help pay for your children’s education or the trip of your dreams without the need to take out a loan. Whatever your goal, insurance can help you get there. Different insurance solutions can help customers make the most of their savings, depending on their profile, available funds, and expectations.

Traditional options

Savings life insurance is one of the most popular options. It’s ideal for anyone who wants to save regularly and build up funds while taking on very little risk.

Customers can make either a one-time payment or regular contributions throughout the year, which the insurance company then manages to provide the agreed return.

At the end of the policy term, the policyholder receives the amount saved plus any returns earned. These policies are usually offered together with disability or death coverage. If a covered event occurs, the beneficiaries receive the funds. This provides extra support when it’s needed most and helps protect loved ones.

Other options

Other alternatives include policies that help you save for your children’s education, as well as products designed specifically to help younger people finance their future plans.

Guaranteed savings life insurance can be a good option for savers looking for steady, predictable returns, as the return is guaranteed from the time the policy is purchased. Talk to your insurance company to find out which solution is right for you.

Savings life insurance is gaining strong momentum worldwide, particularly in Latin America, where the life insurance business grew by 8.7%, according to the latest Mapfre Economics report. This growth was driven by increasing interest in policies that combine savings with long-term financial planning.

Unit-linked insurance: strong growth potential

Another important option is unit-linked insurance, which links a life insurance policy to investments in a selection of funds, stocks, or bonds. Part of the investment is used to pay the premium, while the remainder (the majority) is invested in a portfolio of products chosen by the customer.

Unlike most savings products, which guarantee a minimum return and leave investment decisions to the insurance company, unit-linked insurance gives customers more control over where their money is invested, while they assume the associated risk.

It can therefore be a good option for savers who are seeking higher returns and are willing to accept market fluctuations. The investment strategy can also be changed, and funds can be transferred between different portfolios, for instance, from a more conservative approach to a more aggressive one, or vice versa.

This type of product is becoming increasingly popular. According to Allied Market Research, the unit-linked insurance market was valued at 1.1 trillion dollars in 2024 and is expected to reach 3.3 trillion dollars by 2034.

Annuities

Annuities can also be an attractive option, particularly for people who have received a substantial lump sum, such as an inheritance or gift. They provide regular income, usually paid monthly, which can help improve day-to-day financial security. They also offer an agreed interest rate and favorable tax treatment over time.

The income may be temporary, with regular payments made over a set period, or lifelong, continuing until the policyholder’s death. These products often include death coverage under which the capital, or an agreed amount, is transferred to the designated beneficiaries.

Lifetime annuities, in particular, are becoming an increasingly important tool for reducing the risk of running out of savings in retirement. The market is expected to grow from 1.0 trillion dollars in 2025 to 1.1 trillion dollars in 2026. Their growing popularity reflects a need for products that can provide protection in uncertain economic times and help people make their savings last longer as life expectancy increases.

Our offering

We’ve shown you some of the options available on the market. Mapfre savings and investment insurance combines protection and security with return potential, offering solutions for a wide range of needs. These range from conservative savers who value the peace of mind of a guaranteed return to investors willing to take on market risk in pursuit of greater capital growth.

Your Mapfre advisors can help you get the most out of your savings and choose the option that’s right for you, based on your personal situation, whether you’re building up your savings or drawing on them, and your preferences.