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Why open a life insurance contract to your minor child?

In a world where the joy of giving has just faded with the end of the New Year's festivities, you find yourself reflecting on the generosity bestowed upon your minor child. However, in the face of inflation, the need for a strategic approach to savings becomes apparent. Traditional options like the livret A or regulated passbooks, given their lackluster performance, no longer capture your confidence.

Why open a life insurance contract to your minor child?

Navigating Financial Success: A Blueprint with Multi-Support Life Insurance

Guiding you through every step, this article is your key to crafting a lasting financial legacy for your child, aligning with the generosity they've experienced. Multi-support life insurance emerges as a flexible and agile solution for this purpose. Let's delve into the crucial aspects:

1. Seizing Financial Optimalism: Start Early

Taking out life insurance for your child at a young age is not just a thoughtful gesture but a financially savvy move. Parents can secure one or more life insurance contracts in their child's name, with the child's agreement required if they're over 12 years old.

2. Tax Advantages: Maximizing Gains

By establishing life insurance contracts in your child's name, you pave the way for future financial benefits. After an 8-year period, capital gains from the payments enjoy reduced taxation. Your child, when of age, can benefit from an annual allowance of €4,600 if single, widowed, or divorced, and €9,200 if married (or in a PACS). Social security contributions remain applicable.

3. Strategic Fund Management: A Long-Term Vision

Effectively managing your child's funds involves investing in a mix of options such as a secure euro fund (guaranteed capital), unit-linked supports (unsecured), or real estate assets (OPCI, SCPI) with the aim of building capital until your child reaches majority. This strategy allows for progressive arbitrations based on market trends and opportunities.

4. Gradual Capital Buildup: Scheduled Payments

Making scheduled payments for your child ensures a gradual accumulation of capital over the long term. By investing in stages on financial markets with reasonable sums, you mitigate risks associated with market fluctuations, potentially yielding higher returns compared to traditional savings books.

5. Fee Transparency: Choose Wisely

Since July 1, 2022, insurers are obligated to provide transparent information about fees on life insurance contracts and retirement savings plans. Assurancevie.com stands out, offering contracts with reduced costs. This transparency aids in selecting the right savings product from the diverse market offerings.

6. Unlimited Potential: Life Insurance Benefits

Your child's life insurance serves as a durable vessel for their savings, allowing them to build substantial capital. It can be mobilized with the agreement of both parents, except in cases where a specific pact restricts it. Unlike regulated savings accounts with capped limits, payments into life insurance are uncapped.

7. Supervised Capital Usage: Ensure Responsible Handling

Concerned about your child's potential misuse of the accumulated capital? Associate the life insurance contract with an additional pact outlining usage conditions. This could include specifying that the money is earmarked for financing studies, the main residence, etc. Inserting a temporary inalienability clause can restrict withdrawals until your child turns 25.

Conclusion: Building a Financial Legacy with Care

In conclusion, multi-support life insurance provides a robust framework for securing your child's financial future. By leveraging its flexibility and strategic advantages, you pave the way for a lasting legacy. Start early, choose wisely, and ensure responsible management for a prosperous financial journey.


Q: Why start life insurance for my child early?

A: Starting early maximizes financial benefits and ensures a strategic foundation for your child's future.

Q: What tax advantages come with life insurance for minors?

A: After an 8-year period, capital gains enjoy reduced taxation, with annual allowances based on marital status.

Q: How can I supervise the capital usage from my child's life insurance?

A: Associate the contract with an additional pact specifying usage conditions and consider a temporary inalienability clause.

Q: Are there limits on payments into a child's life insurance?

A: Payments are uncapped, offering flexibility and potential for substantial capital accumulation.

Q: What makes Assurancevie.com stand out in choosing life insurance?

A: Assurancevie.com provides contracts with reduced costs, ensuring transparency and aiding in wise product selection.

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