Life insurance: debunking some preconceived ideas
Your short-, middle- and long-term projects may include buying real estate, financing your children's education, preparing for retirement or passing on your estate in the event of your death... Given the challenges of modern asset management, life insurance is the smart savings solution for today's sophisticated investors, but not only, as there are still many misconceptions surrounding this investment that need to be debunked.
Let's take a look at the myths and facts surrounding this investment product, which is winning over more and more savers. Whether you're a seasoned investor or just starting out, you can choose a life insurance policy to suit your objectives and savings capacity.
In this article, we'll focus more on life insurance for investment and saving purposes than on life insurance for provident purposes.
Young professionals: saving without scrimping on the good things in life
A handbag from a premium luxury brand, a trip, a new car, investing in property, and coping with life’s curve balls... As a young professional, building up savings is something to seriously consider between guilty pleasures, leisure activities and more down-to-earth projects. Here are our tips for building up short-, medium- and long-term savings without frustration.
Pension savings plan or life insurance: what is the best way of building up capital for my retirement?
Do you want to continue to enjoy the same standard of living once you retire? To help you prepare for a financially secure future, there are two savings products that stand out from the crowd: pension savings plans and life insurance. Not sure how to tell them apart? Here are the main advantages of both to help you make your choice!
A PEL Home Savings Plan or life insurance: which should you choose?
Want to put some money aside? Starting to save is often the first step towards accomplishing your life milestones, whether they involve investing in property, starting a family or travelling around the world... But when it comes to getting started, it's not always easy to find your way around the various savings products available. Today, we're here to help you compare Home Savings Plans and life insurance!
How do I insure my child in Luxembourg?
Are you moving to Luxembourg or becoming a parent for the first time? There’s a lot to think about when raising a child, insurance being one of them. We help you size up what is essential and what is recommended to ensure your child is fully protected.
How to prepare for a comfortable retirement in line with your age?
As you know, with an ageing population, the pension system in Luxembourg is likely to become less generous in the coming years. Even more reason to prepare yourself as soon as possible for the challenge of declining resources. The Luxembourg government actually encourages you to do so through tax benefits.
Why take out life insurance in Luxembourg?
Financing a project, protecting your loved ones, preparing for retirement or passing on your assets are all good reasons to take out a life insurance policy. Because in addition to dealing with the challenges life throws at us, you also benefit from tax advantages. Here is an overview.
Compulsory personal insurance in Luxembourg. The lowdown.
In Luxembourg, compulsory personal insurance is kept to the absolute minimum. However, even when there is no legal obligation, it makes sense to take out certain types of cover for your peace of mind and protection. Here is an overview.
Understanding parental leave in Luxembourg
With 20 weeks of maternity leave and 6 additional months for parental leave, Luxembourg is among the countries which offer the best conditions for welcoming a child. Explanations.
Reducing the risk of accidents for children
Eighty percent of accidents suffered by children under the age of five occur at home. For these little explorers, the house is an abundant source of dangers which means having to pay constant attention.
