What do you need to know about Life Insurance?
A life insurance policy is a method of saving.
Saving this way allows to you benefit from life insurance rates and specific taxation. It allows you to save at a rhythm that suits you, via regular saving, occasional payments or a mixture of the two.
The investor also chooses to save either in a euro fund offering a capital guarantee or in different asset classes such as shares, bonds and real estate through units of account (UA)(1).
The duration of a life insurance policy is a matter of choice for the policyholder. In practice the yield from this investment is attractive in the long term; it is more advantageous from a tax point of view to save for at least eight years.
The subscriber remains the beneficiary and holder of the funds, and can withdraw their money at any time during the term of the contract.
In the event of the subscriber's death, the life insurance contract is unwound and both the principal and interest are transferred to the beneficiary(ies) of his or her choice.
Life insurance meets the most common main financial necessities of life, including building up capital, funding a real estate project and/or children's education, protecting loved ones, preparing for retirement and transferring assets.
Life insurance products
HSBC Evolution Patrimoine 2
Subscribe online or in your branch to this contract, which can evolve throughout your life to meet your changing needs.
HSBC Essentiel 2
A contract designed for people taking their first steps into the world of life insurance, with affordable minimum contributions.
HSBC Stratégie Patrimoine 2
Top of the range life insurance: the euro fund and a broad financial offer including both HSBC and externally-managed funds.
(1) Before investing in a unit-linked investment vehicle backed by a Collective Investment Scheme (UCI) governed by French or foreign law, you must read the French version of the Document d’Information Clé pour l’Investisseur (DICI- Key Investor Information Document) or the Document d’Informations Spécifiques (DIS- Specific Information Document) available from HSBC branches or by consulting the electronic address hsbc.fr, as well as the Document d’Informations Clés (DIC - Key Information Document), the Notice d’Informations (Information Notice) or the General Conditions of the life insurance or capitalisation contract and the appendix “Supports Financiers” (Financial supports) presenting the investment supports available on the contract and the applicable fees. Before any investment decision is made, it is your responsibility to ensure, with the help of your usual advisors, that the medium or media in question correspond to the regulations to which you are subject (and in particular the local legislation to which you may be subject). Past performance is not a reliable indicator of future performance, and should be analysed with caution.
For more information on taxation, click here