Frequently asked questions
Why should I use a Private Insurer contract for my wealth management ?
The use of a "tailor-made" individual life assurance contract that may be invested in several classes of assets, as proposed by Private Insurer, offers, in comparison to other alternatives, many advantages not only at legal and tax level but also as far as flexibility and performance are concerned. The flexibility can particularly be relevant in view of wealth management as well as inheritance planning.
What kind of solution does Private Insurer propose me for optimizing my wealth management ? What can I do ?
Private Insurer offers individualized and "tailor-made" life assurance contracts in order to respond to the own and specific needs of each investor. Please feel free to ask your broker, asset manager or private banker to contact us. This will allow us to analyze your situation together with your trusted broker, asset manager or private banker and to propose you a personalized and optimized solution.
My wealth is currently managed by a professional advisor. May he/she continue managing my assets within the frame of a contract Private Insurer ?
Yes. Within the frame of the implementation of individualized life assurance solutions, one of Private Insurer's objectives is to ensure the continuity of the professional relationship with the several trusted service providers (brokers, asset managers or private bankers). A tripartite relation between the investor, the asset manager in place and Private Insurer will naturally blossom, based upon trust and complementarity of specialization areas.
What is the initial premium required by Private Insurer ?
The in-depth personalization of the Private Insurer life assurance contract imposes a minimum initial premium of 175,000 euros. The assets that are likely to be included in premiums may be part of different asset classes (shares, bonds, participation rights in UCITS, certificates, financial instruments, etc).
My wealth is currently not managed by a professional advisor. May I nevertheless take in consideration a solution Private Insurer ?
Yes. As Private Insurer does not manage assets, we have developed a network of alliances with reputed professionals. Based upon the analysis of your needs, we are in a position to put you in contact with several service providers so as to allow you to choose the asset manager you will entrust with the management of your insurance fund.
I wish to have the benefit of an extended/specific panel of investment instruments. Can Private Insurer meet my expectations ?
Yes. Flexibility is also part of Private Insurer's objectives as well as personalisation and transparency. From a general perspective, Private Insurer contracts are designed "tailor-made" in compliance with local regulations. You will also find this philosophy at the level of the investment opportunities.
I wish to be in a position to monitor the assets invested through a life assurance contract. Is this possible ?
Yes. As Private Insurer policyholder, the investor has an on-line personalized and securised access to assets invested through his/her contract. Thanks to this access, he/she can monitor on a daily basis the evolution of the transactions and of the actual value of his/her portfolio and get information on the performance of the contract at total discretion and in transparency.
I would like that my contract would be approved by my advisors. Does Private Insurer agree ?
Of course. Our objective is not only to identify the best solution for each client, including the security of the proposed contract, but also to build up a relationship of full confidence. In this context, the involvement of advisors of our clients will surely be positive both for searching a solution and approving the chosen one.
Is a death cover included in my policy ?
Yes. All Private Insurer contracts automatically include a basic death cover. However, this cover may be modulated to the needs of each specific investor. Private Insurer's commitment is to keep the cost of this death cover as low as possible.
May I retrieve assets from my policy at my entire discretion ?
Yes. Private Insurer wants to propose flexible solutions. In this context, partial or total surrender is possible at any moment and no charges are in principle requested on this occasion. The investor may thus retrieve assets at his/her entire discretion and without penalty.
May I plan my inheritance on basis of a life assurance contract ?
The answer is affirmative. It is however not possible for us to explain here the different solutions we can propose. We would therefore suggest you to request your broker, asset manager or private banker to take contact with us in order to analyse together the advantages that a contract would produce within the frame of an inheritance planning.
Should I cancel my life assurance contract if I move to another State ?
Private Insurer wishes to propose solutions suited to specific needs like the mobility of the investor. Private Insurer complies with the regulatory, legal and fiscal provisions of the different States in which it is operating. A change of domicile requires an individualized analysis of the concrete case. Private Insurer offers this service and will best advise you on the possible amendments to your contract.
Please note that a move within the European Union will in principle not need the cancellation of the contract, even not its modification.
In which classes of assets can I invest through my contract ?
Aside from traditional asset classes available through your broker, asset manager or private banker, you may invest via your contract Private Insurer in a large range of other assets. The investors' profile and needs being different, we would recommend you to ask your advisor to liaise with us in order to examine with him/her the classes of assets that could be part of your life assurance contract.
