DIGITAL OFFER WITH BALOISE VIE LUXEMBOURG

Triangle of security

The triangle of security is a legal protection mechanism put in place by Luxembourg's regulator to protect assets representing the insurance company's commitments. It takes the form of a tripartite agreement between an insurance company, a custodian bank and the Commissariat aux Assurances (CAA).

The insurance company must deposit assets representing its commitments in an account separate from its own assets and with a CAA-approved custodian bank. The CAA then carries out regular checks on the insurance company's provisions.

Super Privilege

This privilege is granted to a policyholder in the event their insurer defaults. Super privilege entitles the policyholder to recover assets before any creditor - in particular the state, social security bodies, shareholders and employees.

Tax Neutrality

There is no tax friction from holding a Luxembourg policy. The policyholder will be taxed according to their tax residence.

The SIF investment universe varies according to the type of subscriber, as defined by circular 15/3 (i.e. Type A, B, C, or D).

The Circular 15/3 sets out the rules for investments in the various vehicles offered by Luxembourg life insurance. You can read more about Circular 15/3 on the CAA website: Circ15_3.pdf (caa.lu)

For products distributed by Baloise Vie Luxembourg's "digital solution", the investment universe is defined in the document entitled ‘Swissquote FAS Investment Universe Proposal’. This provides for:

• Equities
• Bonds
• UCITS
• ETFs

You can invest in EUR, USD, GBP and CHF. We can also offer other currencies on request.