Variable interest rate for cash advances - AG Employee Benefits

Privacy regulations limit the duration of the validity of your consent. We invite you to renew your consent for the use of cookies on our websites.

We use cookies to optimise user experience, offer personalised information, and allow information sharing on social media. The consent you are giving by clicking on 'I agree' is valid for all AG Insurance websites. Also consult our Cookie Policy and our Privacy Notice.

Couple applying a cash advance against their group insurance plan towards building their home

Published on 02/02/2021


No change in variable interest rate for cash advances in 2021


The option to take out a cash advance against the cash value of a group insurance plan is a handy way to finance the purchase of a house or holiday home, or even to use towards paying off a mortgage loan. A benefit your staff members will surely appreciate. The variable interest rate for this year is also 1.25%.

This interest rate, valid for one year, will be revised annually, either upwards or downwards. For cash advances with annual interest payments at a variable rate, the interest rate in 2021 will be the same as last year: 1.25%.​

Are your staff members aware of the benefits of a cash advance?​

Your staff members have the option to take out a cash advance against their group insurance reserves for the purchase, construction or renovation of a home. They can also apply the advance towards paying off a mortgage loan.​

On My Global Benefits, your staff members will find all the details and the requirements for taking out a cash advance:​


Have a question about cash advances or the interest rate?​

With the information above, you’ll have everything you need to advise your staff members on taking out a cash advance. ​ ​

Have a specific question?

​Let us know at ​​ and we’ll be happy to help you.​​

P.S.​ Did you know that you can use the​ e-signa​ture ​to speed up and simplify the application process for a cash advance?