Lovys savings: how does it work?
Life insurance is a savings solution that lets you put money aside and invest it to achieve your plans. Flexible and accessible, it lets you move forward at your own pace while benefiting from an advantageous tax framework over time.
You save at your own pace — You can start with a one-off payment or set up monthly payments. Need to change your pace? You can modify or pause your payments as needed.
Your savings are invested for you — Based on your goals and the level of risk you are willing to accept, a personalised portfolio is built and managed for you. The idea? To grow your savings over time. Bear in mind, however, that performance is not guaranteed and you may lose part of your capital.
Your money stays in your name — Your savings are entrusted to Generali, our regulated insurance partner, which holds them under your contract. Lovys does not hold your money.
You stay in control of your savings — An unexpected expense or a new project? You can request to withdraw all or part of your savings whenever you need to, subject to the terms of your contract. Your money remains accessible, even though keeping it invested for the long term can have advantages.
Taxation becomes more advantageous over time — After 8 years, your life insurance contract benefits from an advantageous tax framework on withdrawn gains, notably thanks to an annual allowance on taxable gains:
€4,600 for a single person and €9,200 for a couple filing a joint tax return, subject to the applicable tax conditions.
Bear in mind: unit-linked funds carry a risk of capital loss. Unlike the euro fund, their value can go up as well as down, and returns are not guaranteed.
