With individually designed and privately placed life and pension insurance contracts, we make it possible for wealthy families to preserve their assets to the greatest possible extent.

Endowment life and annunity policies are tax-privileged instruments for capital provision and asset conservation. Using privately placed insurance contracts, we promote the value retention and the long-term capital appreciation of the family’s assets. This is achieved by customizing the construction of the contract’s underlying investment strategy, whereby the following principles of value preservation are followed:

• Funds-based asset diversification into various asset classes (e.g. equities, bonds or commodities);
• Avoidance of solvency risks associated with banks or other issuers of financial products;
• Coverage of additional biometric risks such as death or longevity risks.

Life insurance and annuity insurance policies
In many countries, life and annuity insurance policies (particularly those without periodic distributions) are tax-privileged in comparison with bank or real estate assets. The tax amount due depends on the type and reason for the lump-sum payment from such contracts. By skillfully designing the contract, it is often possible to generate interesting income, bequeathal or inheritance tax effects, even for large family estates.

Construction of the insurance contracts
swisspartners designs private-placement insurance contracts that take into account the legal and tax requirements of the countries in which the family members involved have their fiscal domiciles. Not only are our efficiently designed contracts not subject to ongoing taxation in the asset owner’s country of residence, they are also non-taxable in several other countries. We also keep a close eye on reducing the total tax burden on non-liquid assets as this is often another important objective, particularly when there has been a change in the country of residence.

Inheritance-law aspects
With suitably designed contracts, insurance benefit claims do not become part of the testator’s estate. With long-term planning, it is thereby also possible to implement scenarios for asset succession that is effective outside of intestate succession and largely avoids compulsory portion rights.