What is Life Assurance?

Life assurance is a ‘whole of life’ cover solution with a guaranteed payout upon death as long as premiums are current. There is no term. The payout is tax-free and can be used by beneficiaries. This type of product is often written in trust and used in estate planning to cover the cost of any inheritance tax.

Tax Efficient Investing

Some life assurance policies can include an investment component. With the uncertainty of potential tax increases in the future, life assurance is ideal for professionals looking for tax-efficient solutions to grow their money. Incorporating life assurance as an asset into a financial portfolio can help build wealth over the policy's lifetime. It provides life cover in case of death or injury while incorporating a cash component option to invest and grow your money.

A lump sum or regular contributions can help build cash over the life of the policy and, in some cases, even allow tax-free withdrawal of cash accumulated if structured correctly.

deVere France offers tax-efficient life assurance solutions for clients, including Pru bond, Apex, which is ideal for English speakers, and One Life, which is for French nationals.

Speak to an advisor today.