SOGELIFE works in open architecture with private banks, asset managers and a diversified distribution network. In this context, SOGELIFE supports you throughout the entire value chain of your asset management.
An offer dedicated to high-net-worth clients
Our life insurance and endowment contract solutions are tailored to international and high-net-worth individuals or legal entities looking for dynamic, innovative and rigorous management of their assets.
Tailor-made management in accordance with client needs & profiles
Clients may choose to delegate part or all of the management of their investment portfolio, through advisory or discretionary management, while also having the opportunity to combine the two within the contract. This comprehensive offer gives clients access to the expertise of discretionary managers or advisors.
Our life insurance and endowment policies provide multi-currency access in terms of both premiums and claims. Other than Euro, customers can select US Dollar, Pound Sterling or the Swiss Franc. This allows clients to secure financial diversification, both within their policy and on the currency markets, and this is a weighty advantage for our increasingly mobile clients.
Our SOGELIFE multi-support life insurance and capitalisation contracts offers access to a large choice of investment funds, enabling investment diversification.
Luxembourgish insurance policies offer genuine portability and are adapted to our increasingly mobile high-net worth individuals. They are recognised in various jurisdictions as as a means of preparing the transfer of assets, unlike other solutions such as trusts or foundations. Life insurance taken out in Luxembourg is not subject to exit taxation.
Taxation and transmission
Luxembourg’s principle of tax neutrality applies to any life insurance policy taken out by a non-resident with an insurer established in the Grand Duchy. It also offers the advantage of reduced rates of foreign withholding tax on certain assets thanks to the numerous tax treaties signed by Luxembourg with other countries. Life insurance policies are subject to taxation in the policyholder’s country of tax residence and the client retains all the taxation advantages of their country of residence. In the event of the policyholder’s death, the capital is freely transferred to the beneficiary or beneficiaries designated by the policyholder(s), with the same advantages as those applied in the holders country residence.
Wealth Planning, advice and support
Our financial engineering and wealth planning departments are at the forefront of innovation and do their upmost to find solutions adapted to our client’s needs.
Structuring of investments within the contract
- Analysis of complex assets (Private Equity funds, real estate funds, alternative funds, etc.) which can be invested within the policy
- Contribution to the overall insurance offer: thematic structured products, funds relating to Socially Responsible Investment, etc.
- Expertise on regulations impacting investments within the contract (eg: derivatives relating to EMIR, PRIIPS regulations, etc.)
Structuring of the contract
- Legacy and inheritance transfer
- Cross-border planning
- Tailor-made insurance solutions in our markets
- Specific tax analysis of our markets
- Unlisted securities management
- Direct partner support
- Tailor-made legal analysis