Life insurance serves as a powerful tool for planning your succession. It allows you to protect, structure, and pass on your assets to your loved ones.
By having a life insurance policy, you create a financial safety net that ensures your beneficiaries receive the intended benefits upon your passing.
Flexible Inheritance Strategy
Life insurance policies can be customized to align with your specific wishes and preferences.
You have the flexibility to design an inheritance strategy that meets your unique needs, whether it involves giving financial support to family members, promoting charitable causes, or ensuring business continuity.
The Security Triangle and Wealth Management
The effect of the “security triangle” mechanism is essential within Luxembourg insurance contracts. It involves a reciprocal control among three independent parties: the Insurance Company, the Depository Bank, and the Luxembourg Regulator (CAA).
It enables tailor-made management of your wealth within the life insurance contract which provides diversification across a wide range of assets.
Tax Neutrality in Luxembourg
Luxembourg offers total tax neutrality for life insurance contracts. The tax framework applicable is that of your country of residence.
This tax efficiency makes Luxembourg an attractive choice for individuals seeking to optimize their financial planning.
Portability
Life insurance contracts are portable. They can adapt to the legal and tax framework of your new residence country.
Whether you move to a different country, your life insurance policy remains relevant and adjusts to the local regulations.
Access to a wide range of different asset classes.
Asset Protection Against Creditors
Life insurance provides a protective shield for your assets. In case of financial difficulties or legal claims, the policy’s assets are shielded from creditors.