Life insurance is a form of insurance. The original purpose of life insurance is to guarantee the payment of a sum of money (capital or annuity) if an event related to the insured's death or survival. It should nevertheless distinguish between the insurance in case of death called "death insurance" to pay the lump sum or annuity on death and life insurance in case (also known as life assurance) that provides capital or an annuity in case of life term of contract (if you die before maturity is not due to the estate). The case of life insurance contract is rarely used in France.
What is commonly called "life insurance"in France is a double insurance death and life insurance in case of a single period. This can present a virtual product savings with tax benefits of insurance.
Life insurance also allows funds to grow while maintaining a long-term retirement, property investment, etc.. It also offers significant tax benefits in respect of succession.
A life insurance contract must have a fixed term subscription, renewable or not depending on the contract extension by year by year.
What is commonly called "life insurance"in France is a double insurance death and life insurance in case of a single period. This can present a virtual product savings with tax benefits of insurance.
Life insurance also allows funds to grow while maintaining a long-term retirement, property investment, etc.. It also offers significant tax benefits in respect of succession.
A life insurance contract must have a fixed term subscription, renewable or not depending on the contract extension by year by year.
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