When the words “life insurance” are pronounced, it is most often to rejoice: either to have available capital, or to evoke the opportunity to have one soon. But is it always prudent to start? To subscribe to an insurance? What are the advantages and disadvantages of this product?
Availability of funds and diversification
To subscribe to a life insurance makes it possible to constitute a saving. The latter can be used: to create precautionary savings or to set aside money to finance a specific project. In addition, it allows you to withdraw funds while maintaining a share of the invested capital. Another benefit of life insurance is the availability of funds. It is always possible for the subscriber, provided that he redeems all or part of the insurance. Another benefit of life insurance is that it helps to minimize risk by not putting all its funds into one project.
Allow different profiles to use financial products
Click here to find out everything about investing in life insurance. You will learn how to take advantage of life insurance opportunities, whether you have a large or small financial volume. You will be able to diversify by ceasing to think that the only investment opportunities are stocks and bonds. People having a hard time deciding will inevitably be tempted by the advantageous taxation.
It is interesting to note that the tax on capital gains is decreasing. In other words, it decreases in the time during which life insurance has been subscribed increases. The fact that there is no limit in time, that is to say that a life insurance contract is valid until the death of the person who subscribed is another element making the charm of this type placement. Moreover, no investment is taxed in relation to the money invested or in relation to the payments.
Opportunity to get help and guarantees for successors
The possibility of being very widely assisted in the management of its life insurance also makes this type of investment interesting. Mandated or co-piloted management is possible. For life insurance policies purchased online, the various fees (entry, exit, payment) are usually free. In the economy , a life insurance policy facilitates the transfer of wealth. The latter can get rid of the blood tie which is an added advantage.