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What is Private Life Insurance?

An innovative tool for estate planning and protection

Big Insurance Brokers

Precision, reliability and maximum discretion are part of our identity.

Extreme uncertainty on the financial markets has prompted private investors to adopt more conservative strategies with respect to their investments at the expense of more aggressive strategies targeting higher returns. Life insurance has established itself as one of the most effective structures for mitigating risk and protecting one’s wealth.


At a contractual and fiscal level, private life insurance is a whole-of-life policy that corresponds with the wealth management expectations of high net worth clients, corporations and trusts. In conjunction with the sophisticated investment management products and services typical of the private banking sphere, the life policy adds the complementary advantages that insurance can confer, namely tax optimization, succession planning , asset protection, confidentiality and open investment architecture, all in accordance with the regulations of the relevant country of residence.

Private Life Insurance is an innovative product that provides a great degree of flexibility with respect to drawing up contracts and managing the underlying investment portfolio, characterised by full fiscal neutrality and statutory confidentiality. These qualities make the life policy invaluable with respect to the specific requirements of a high net worth clientele: safeguarding the family’s future with respect to investments, properties and shareholdings, and managing the transfer of wealth between generations, while allowing for maximum flexibility as to how the underlying fortune is invested.


Precise in every detail

Our plus

Big Insurance Brokers offers its private banking clientele a range of independent and highly customised advisory services in order to enhance the distribution and management of the insurance portfolios. From the initial contact all the way to the signature of the contract, each step of the process is expertly managed, in order to give the client the perfect balance between his own demands and various insurance solutions available.

FISCAL ADVANTAGES

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FISCAL ADVANTAGES

Full or partial taxation of any gains on the underlying portfolio occurs only when the policy is redeemed.

SUCCESSION PLANNING - SIMPLE, FLEXIBLE AND EFFICIENT

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SUCCESSION PLANNING - SIMPLE, FLEXIBLE AND EFFICIENT

The policy falls outside the estate for inheritance purposes and permits both choice of beneficiaries and the amounts to be bequeathed. Beneficiaries may be modified or revoked at any time.

OPTIMAL LEVEL OF SECURITY

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OPTIMAL LEVEL OF SECURITY

The insurers exercise the utmost confidentiality and are under no obligation to divulge the names of beneficiaries or the amount of any legacies.

PROTECTION AND CONTROL OF THE ESTATE

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PROTECTION AND CONTROL OF THE ESTATE

The life insurance policy cannot be seized or sequestered. Full all partial redemption is generally possible at any time without major constraints.

USING THE POLICY AS COLLATERAL

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USING THE POLICY AS COLLATERAL

The life insurance policy is typically acceptable as security for a loan from a financial institution requested by a loan.

Active in the major markets

Network

BIG Insurance Brokers operates in full compliance with the European directive IDD (Insurance Directive Distribution), which regulates the activity of placement, assistance, consultancy and, in general, every action having as object an insurance contract and subject to a risk located in a European country.

Thanks to the principle of free provision of services, we can act fully on a global level by carrying out cross-boarding activities. In addition to the countries in which we have direct presence (Switzerland, Monaco and France), we are active on the main European markets and we have a proven track record on Russian, Israeli, Turkish and various South American countries. Currently, we are the only broker specialized in the distribution of life insurance solutions with a real license and presence in the Principality of Monaco, Italy, France, New Caledonia and Switzerland, as well as an authorization of freedom of service in Europe. This is a real guarantee for our customers and partners of the quality of our services and the respect of the regulations in the jurisdictions where we operate.

In addition to the support offered by the two offices, there is the support of over 10 collaborators who move every day within an extensive network of legal and tax professionals. A flexible and highly dynamic structure capable of providing solutions and answers aimed at High Net Worth individuals, their family offices around the world and the private banking sector.

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Choose your Contact Person

Personalized information and advice throughout the world.
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Italy

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Switzerland

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France
and Monaco

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United Kingdom

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Greece
and Middle East

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Spain and LatAm

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