SWISSQUOTE LIFE
Specialised Insurance Fund (SIF)
Life insurance with complete autonomy
Combine your life insurance policy with a Swissquote account to gain complete control and flexibility over your investments. Manage your specialised insurance fund, and choose the equities, ETFs, investment funds, and currencies, in which you invest.
Digital solution
You are a tax resident in France or Luxembourg and wish to invest at least EUR 500'000.
Customised solutions
Flexible asset management solutions with Swissquote Bank Europe as your custodian bank, available from EUR 250'000.
Frequently asked questions
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Triangle of security
The triangle of security is a legal protection mechanism put in place by Luxembourg's regulator to protect assets representing the insurance company's commitments. It takes the form of a tripartite agreement between an insurance company, a custodian bank and the Commissariat aux Assurances (CAA).
The insurance company must deposit assets representing its commitments in an account separate from its own assets and with a CAA-approved custodian bank . The CAA then carries out regular checks on the insurance company's provisions.
Super Privilege
This privilege is granted to a policyholder in the event their insurer defaults. Super priviledge entitles the policyholder to recover assets before any creditor - in particular the State, social security bodies, shareholders and employees.
Tax Neutrality
There is no tax friction from holding a Luxembourg policy. The policyholder will be taxed according to their tax residence.
Digital solution
Entry fee: None
Administrative management fee:
| Subscription amount | Administrative management fees |
|---|---|
| EUR 500'000 | 0.65% |
| EUR 1'000'000 | 0.55% |
| EUR 2'500'000 | 0.45% |
| EUR 5'000'000 | 0.35% |
| EUR 10'000'000 | 0.30% |
Custodian fees: 0.06% excl. tax per annum
Order processing fee: Rate card
Customised solution
Swissquote Bank Europe acts as the contract's custodian bank. An external broker must therefore be used to benefit from a customised solution.
Custodian fees: 0.06% excl. tax per annum
Order placement fees: Rate Card
The SIF investment universe varies according to the type of subscriber, as defined by circular 15/3 (i.e. Type A, B, C, or D).
The Circular 15/3 sets out the rules for investments in the various vehicles offered by Luxembourg life insurance. You can read more about Circular 15/3 on the CAA website: Circ15_3.pdf (caa.lu)
For products distributed from Baloise Vie Luxembourg's "digital solution", the investment universe is as follows:
- Equities
- Bonds
- UCITS
- ETFs
The policyholder classification, as defined by circular 15/3, is calculated according to the total amount of a policyholder invests with their insurance company and the value of transferable securities declared.
| Policyholder classification | Minimum investment | Declared securities assets |
|---|---|---|
| Type A | EUR 125'000 | EUR 250'000 |
| Type B | EUR 250'000 | EUR 500'000 |
| Type C | EUR 250'000 | EUR 1'250'000 |
| Type D | EUR 1'000'000 | EUR 2'500'000 |
Depending on their classification, a subscriber will have access to a wider or narrower range of assets.
You can invest in EUR, USD, GBP and CHF. We can also offer other currencies on request.
The Baloise contract is available from EUR 500'000.
For amounts below this, please contact us at lifeinsurance@swissquote.lu.
Digital solution
This policy is intended for individuals who reside in France and Luxembourg for tax purposes.
Customised solutions
These solutions are available to individuals and legal entities. Please contact us for more information.
The taxation of your policy depends on your tax residency.
Digital solution
The contract is distributed by Swissquote Bank Europe SA, an agency of Baloise Vie Luxembourg.
Customised solutions
Several insurers are available. As part of the customised solution, Swissquote Bank Europe SA acts as a custodian bank for these contracts.