French Life insurance – commonly referred to as Assurance Vie in France – is the ideal way of saving for the future and can also be extremely tax efficient.
This versatile and popular investment allows you to save by choosing your preferred policy and attitude to risk which keeps you in control and enables you to receive your savings in the form of a life annuity or capital. So if you haven’t considered Assurance Vie to date then it’s a good idea to look at the options and see how it could work for you and your family.
The Assurance Vie has been designed to enable you to establish a savings plan, depending upon your investment profile and attitude to risk. You have the options of:-
• Choosing from secure funds (in euros) or unit-linked life insurance policies (invested in financial markets);
• Deciding where you wish to invest your savings and the level of risk you are prepared to take;
• Benefiting from a ‘Floor Guarantee’ which means in the event of death before the age of 70, you pass down a minimum capital sum equal to your payments excluding the cost of buying it back.
For the full Terms & Conditions or to request a personal illustration please contact us. This will help you to decide whether the Assurance Vie is right for you and your family depending upon your financial requirements, age, situation and attitude to risk.
Living life to the full in your retirement – that’s what we all dream about, and by saving during your working life this will give you the income that you need to make that a reality.
With a retirement plan – known as a PERP for short – you can protect the future of you, your spouse and any dependents by regularly saving an amount that you can afford and that suits your budget.
Then when you come to retire, your savings pot will guarantee you a life annuity that will provide a valuable additional income to any state pension that you are entitled to.
It’s tax efficient, too.
With a PERP you are able to deduct the amounts paid under your policy from your taxable income – possibly up to 45% (please note that the exact % will depend upon various factors).
PERP is also perfect for looking after your loved ones too. So if you should die there is a beneficiary clause and life annuity payment option which will ensure that a spouse or dependents benefit financially.