Life insurance is an excellent investment to protect yourself and your family. It is also very important from a tax point of view, as you can benefit greatly from it.
It allows you to grow your investments in a wide range of investment vehicles.
Don’t forget that life insurance is a very good tool for passing on your assets!
Life insurance is a popular savings product that offers many benefits to people who want to prepare for the future. In Luxembourg, life insurance is particularly popular due to its tax benefits and flexibility.
Firstly, Luxembourg life insurance is subject to very low tax rates. The gains made on a life insurance policy are not taxed as long as the policy is not terminated. In addition, premiums paid on a life insurance policy are eligible for a 20% income tax reduction.
Furthermore, Luxembourg life insurance offers great flexibility to savers. Life insurance policies can be tailored to each person’s needs and goals, with customized portfolio management options and the choice between guaranteed or non-guaranteed returns. It is also possible to include protection or guarantee options for family members in a life insurance policy.
Finally, Luxembourg life insurance is also an internationally recognized savings product. Luxembourg life insurance policies are freely transferable to other European Union countries, making it an ideal product for people who want to save for the future while protecting their assets.
In summary, Luxembourg life insurance offers a wide range of benefits for people who want to save for the future. Low tax rates, flexibility, and international recognition make it a wise choice for those looking to protect their assets and prepare for their financial future.
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