The interest of an accumulation contract is still little known to the general public. Some wealth management advisors are also unaware of its existence. However the subscription to the capitalisation contract has many advantages especially for many patrimonial objectives. It should be noted that it does not resemble a life insurance contract.
Transmission of wealth
With the capitalisation contract, the transfer of assets can be made during the lifetime of the policyholder to a close relative. To do so, it is then done within the framework of a donation. This type of contract is also different from life insurance because it does not unwind on the death of the policyholder. With a gift tax (if the policyholder is still alive) or inheritance tax (if the policyholder is deceased), the heir is allowed to recover the policy in its original state. He then keeps all the capitalized advantages such as the savings in state, tax precedence, etc.. This means that the capitalisation contract is not only reserved for the wealthiest savers.
The capitalisation contract goes beyond a simple savings contract.
All individuals who have already taken advantage of the privileges of life insurance will see the value of an accumulation contract. It allows them to optimize the transmission of their financial assets. We can then say that the contract is also a tool that is more than interesting in terms of savings. Technical, financial and fiscal advantages, it shares these same advantages with life insurance during their lifetime.
For a better financial investment
By taking out an accumulation contract, you make an excellent financial investment, just like life insurance, during your lifetime:
– The same fees: no fees on payments, affordable management fees;
– The same financial offers: euro funds to guarantee the security and the valorization of the savings. Units of account to diversify and boost savings (depending on the investor’s profile and the direction he or she chooses);
– Savings that can be recovered at any time;
– Free management for a contractor who wants to manage his contract alone. To do this, he pays or withdraws money as he wishes. He can arbitrate the available funds as he wishes;
– Managed management or under mandate: the insured can diversify his savings without taking over the management. To do so, he assigns this task to an institution specialising in this field. There are three types of management to choose from: balanced, dynamic and prudent.