5 things to know about life insurance

5 things to know about life insurance


Is life insurance reliable in times of crisis? What should be known in terms of succession, what are the different types of financial assets? Here are 5 things to know about life insurance.
Life insurance: a long-term investment

Life insurance is a long-term investment. It is common to say that it is necessary to wait at least 8 years to make it profitable. A period during which the global economy can cross major crises, and start quickly. That's why a life insurance holder must be patient. Namely: its funds in euros, which constitute a more or less important percentage of its investments, are guaranteed. The part of the unit of account, on the other hand, composed largely of financial assets, may suffer much more from the global context. But as global scholarships leave ...
No inheritance duties but only in part

Life insurance offers a favorable tax system for the death of the insured. The capital paid to the designated beneficiary who is not part of his succession, he is exempt from all rights of inheritance (Article L132-12 of the Insurance Code). It is therefore an effective placement of heritage transmission, at least in principle. Because some exceptions are to know. Indeed, several reforms have made taxable life insurance in part. A share of capital can therefore be taxed. This depends on the date on which one took its contract or payments, of the age of the insured during payments. The amount paid to beneficiaries is also taken into account.
Premiums that vary a lot from one company to another

As noted earlier, life insurance is generally taken over a long life. That's why, before getting started, it is important to check the life insurance costs in force on the market to find the best price. To each choose the optimal insurance for the protection of his family, and according to the risks he is ready to take. The offer is important, between banks, insurance companies, brokers, and also online banks. An online insurance comparator helps target companies offering both low management fees, and interesting returns.
Life insurance: different types of financial assets

Multisault life insurance contracts, composed of "account units" (CPUs), consist of different funds. The financial assets where one places its money are very varied. The risk is much higher than with the bottom in euros. We can choose collective investment bodies in securities (UCITS). These have two separate legal statutes: SICAVs (Variable Capital Investment Companies) and FCP (Investment Dommuns Fund). There are many forms of UCITS. With regard to real estate, as a media, the SCI (real estate companies), the SCPIs (real estate investment companies), or the OPCIs (real estate investment agencies). The listed index UCITS have a performance that replies a financial index.
Several ways to manage its investments

Many subscribers choose life insurance because it offers great flexibility. With a free payments contract, one feeds its account according to its possibilities. The needs of each evolve in a life, which is why it is appreciable to be able to adjust its life insurance. Easy people in finance can choose free management. They themselves manage their life insurance, on the support they prefer (secure euro fund, units of account), as well as the arbitrations.

Neophyte investors, and people who are missing, or who find it little interest, can opt for delegated management, by entrusting the management of arbitrations to a professional manager.