Investment: how to get an advance on your life insurance
OUR ADVICE - Rather than draining your savings, it is possible to ask the bank to lend you up to 80% of the amount held in life insurance. An operation that could prove very profitable.
To meet a one-off need for liquidity, savers' first instinct is to draw down their Livret A and Sustainable and Solidarity Development Livrets. If this is not enough, they will often make surrenders on their life insurance. “Spontaneously, a customer requests a partial or total surrender of his contract.
Often, the agent or broker carries out his request, without asking him if he would not prefer an advance,” notes Gaultier Lauriau, director of wealth solutions at Abeille Assurances. The advance mechanism is, however, very advantageous. The insurer then provides the saver with a sum of money to repay, generally over a period of three, six or nine years, depending on the company.
In return, the latter must pay interest on the amount advanced. “It’s a sort of loan pledged on the surrender value of the contract,” according to Gaultier Lauriau.
Machine-translated from French
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Only Le Figaro reports this story so far. We show it as a single source until another newsroom confirms it.
- Le Figaro24 Oct, 08:30
| Publisher Le Figaro (established tier) | +76 |
| Checkable figures cited | +3 |
| Detailed summary | +2 |
| Total | 81 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.