The Protection of Luxembourg Life Insurance Contracts

In this video, Véronique Simonin, Head of Sales and Strategic Key Partner Management at SwissLife, explores why high-net-worth clients turn to Luxembourg for their life insurance policies. Beyond the flexibility and personalized structuring of assets, the pursuit of protection is a key factor. Luxembourg offers dual protection. Firstly, life insurance provides a quasi-unseizable envelope, providing security in the event of company bankruptcy, divorce, or other distressing events. Secondly, Luxembourg offers specific protective measures, including the “security triangle,” a tripartite agreement between the insurance company, the custodian bank, and the regulator; the “super privilege,” which grants a privileged claim right in case of insurer default; and asset segregation to ensure immediate accessibility in case of default.