• a contractor can take out a home savings contract (he pays the premiums)

May be used by the contracting party or close relatives

• may specify the contracting beneficiary - in which case the beneficiary and his or her dependants

• (family members: parent, grandparent, great-grandparent, child, grandchild, great-grandchild, spouse and sibling)

• a stranger cannot be granted to a beneficiary

Can a company be a contractor or beneficiary? no

Can foreign currency be domestic only or foreign?

Do I have to pay the instalment as the contractor, or can I transfer the instalment payment obligation to the beneficiary in the meantime? yes