News Articles
Guaranteed Investments in a Slow Economy
07 September 2011
Guaranteed investments in a slow economy
There is little doubt that the impacts of the 2008/2009 global recession continue to linger on and probably will do so for another couple years. Despite the charts and graphs proffered by the United States government showing economic growth, the reality for the majority of small to medium sized businesses and individuals is different.
Today’s investors must face some harsh realities. The housing market in the U.S., where many of us invested and made losses, is a long way from recovery. Interest rates on savings and returns on many other investment vehicles are unpredictable. With stock markets at an all time low at the time of writing, the time is right for investments that offer guarantees.
One company offering such a guarantee is BAF Insurance Company (Cayman) Ltd.
3.25% Guaranteed Returns
Despite the losses experienced by many investors, BAF clients suffered little because of the company’s Guaranteed Pension Plans and BAF SaveSmart annuities that guarantee a minimum of 3.25% return in the first year with a promise of competitive rates thereafter.
A BAF financial planner can help you choose the BAF SaveSmart plan that is best for you and your circumstances. If you have a large sum of $2,500 or more that you wish to invest in a lump sum, you can choose a Single Annuity. This type of investment gives you the flexibility to increase your principal at any time with other lump sum deposits. You still enjoy a guaranteed 3.25% return for the first 12 months and thereafter, a rate of return is declared and guaranteed each year.
If you are an investor with limited funds and would prefer to make smaller, monthly contributions, then a Flexible Annuity may be your best choice. With as little as $500 to start, and a minimum monthly deposit of only $100, you can take advantage of guaranteed rates and still maintain your budgets. And, should you come into some extra cash at any time, you can increase your level of contribution at will.
A common misconception is that you have to be very young to take advantage of the benefits of annuities. It is true that the younger you are, the longer you will have for your investments to grow and for the effects of compounding to create wealth. However, an Immediate Annuity is still an excellent investment if you a mature investor. Whether you have come into a large sum of money via an inheritance, sale of valuable asset, a bonus or an insurance payment, you can secure that sum by investing in an Immediate Annuity which will begin to pay monthly dividends right away. There are a number of plans to choose from with this type of annuity which is very popular among retirees as it guarantees a monthly income.
Regardless of the BAF SaveSmart annuity you choose, however, they all have one thing in common – guaranteed 3.25% returns. There are no administrative fees associated with BAF SaveSmart annuities and are designed to encourage long-term savings goals.
BAF SaveSmart investments are perfect for saving for retirement, your child’s college education, a down-payment on a home or property, to start a business or can be used as a personal pension plan.
PLUS $10,000 FREE Life Insurance
You can never have too much life insurance; but you can have too little. And that’s why, effective September 2011, BAF SaveSmart Clients will automatically receive up to $10,000 of free personal accident coverage.
BAF Guaranteed Pension Plans
The financial markets are slowly recovering, much to the joy of pensioners and the working public whose retirement accounts were deeply wounded. Yet for many it may take many years to recover their losses. Among BAF pension’s clients, however, there was no need to panic. The company’s guaranteed 3.5% rate held firm despite the turmoil and the fund continues to perform well.
The company prides itself on being sound investors; predicting market trends and responding quickly to changes. The company’s main investment objective is preserving capital while generating income. By investing in fixed income securities and cash with a small component of high quality equities, BAF is able to offer the security of guarantees to their clients who do not need to concern themselves with the volatility of the stock market or other investment vehicles subject to market conditions.
As mandated by law, every worker in the Cayman Islands must have a pension plan. This ensures that your quality of life continues well after your working years. In this regard, we are well ahead of many developed and developing nations. In order to stay ahead as individuals, it is important to choose your pension plan wisely and minimize risks.
At BAF Insurance you are priority no. 1. Your goals, your dreams, your needs are the cornerstones on which your personal investment plans are built. No matter where you are on the road to life, your family status or your income level, BAF will work with you to achieve your financial independence. Investing should be stress-free. It should be well thought-out and tailored to meet your goals. It should offer some guarantees. At BAF Insurance, it’s all three.
304210.PDF ~474 KB 
