Start with the clause, not the chart
A quote may show a maturity figure, several scenarios and a death benefit. They are not interchangeable. Look in the policy for what is guaranteed, for which event and subject to which conditions, including whether scheduled premiums must continue. Then identify figures depending on funds, surplus participation or other assumptions. One AXA pillar 3b policy illustrates a benefit linked to contract assets and guarantees defined in the terms. Do not generalise that example to every policy.
Three figures for different purposes
Imagine a fictional quote showing CHF 48,000 guaranteed on survival to maturity, CHF 61,000 in an illustration and CHF 80,000 on death, subject to conditions. For a fixed CHF 58,000 expense, the CHF 61,000 scenario does not reliably close the gap. Using only the hypothetical guarantee leaves CHF 10,000 to fund elsewhere. The death benefit does not enter this calculation. If the policy has no maturity guarantee, do not construct a minimum from the most conservative projection.
If you need the money sooner
Ask for a surrender value as of your target date and how it differs from the maturity benefit. Check charges and what happens if you stop, reduce or interrupt premiums. Compare retaining separate reserves with having to exit the contract at an inconvenient time. FINMA’s oversight of settlement values does not turn a sales illustration into a promised return.
Request a table you can read
On one page, record premiums, insured event, date, any guarantee, non-guaranteed amounts and exit terms. Ask the insurer to match each row to the policy. Compare proposals on the same horizon and assumptions, then budget for the goal without counting unconfirmed surplus amounts.
Put the offers on the same timeline
If two offers mature in different years, comparing their final sums alone can mislead you. Note how much you would pay in premiums through maturity, when the money becomes available and what share of the premium buys protection if the insurer breaks it out. A policy that matures later funds a different date. Check whether either date matches the bill or goal you actually have in mind.
Ask what happens if you stop paying premiums
Suppose you have to cut your expenses five years from now. Ask whether you can keep the policy with reduced benefits. If that option exists, request the revised maturity benefit in writing. Then ask for the amount you would receive if you exited the contract on the same date. Those answers let you compare keeping the contract and leaving it without mistaking one value for the other.