Life Portfolio International

1. Tax Privilege:

• Capital gains and incomes capitalized inside the policy are exempted from all kinds of taxation
• Furthermore, the «European Union taxation of savings» provided by the relative EU Directive for the investments of all EU residents does not impose revenues coming from insurance policies.

2. Bankruptcy Privilege:

• The life insurance policy protects, according to the law of Liechtenstein, members of the family from the consequences of a bankruptcy
• The life insurance policy does not, according to the law of Liechtenstein, become part of the bankruptcy proceedings
• The beneficiaries must be: spouse, live-in partner (i.e. common-law spouse) and/or children.

3. Inheritance Privilege:

• If a third party is named as a beneficiary, the life insurance policy does not become part of the inheritance
• The benefit will be paid out without reduction even in case the inheritance is not accepted (e.g. for reasons of debt)
• Possible legal difficulties with the inheritance may be in fact minimized.

4. Foundation Privilege:

• The life insurance policy offers some advantages in respect to a foundation
• Choice of beneficiaries is free and flexible
• Change of beneficiaries possible anytime and with simple procedure
• Straight-forward and cost-efficient administration.

5. Insurance Privilege:

• Opportunity of agreeing additional insurance death coverage or life annuity.

6. Investment Privilege:

• Free choice of investment strategy and professional investment services
• Transparency and total control of the asset management process for the client
• Individual investment portfolio with detailed reports about the policy value
• Great flexibility: additional payments and redemptions are always permitted.