Best Luxembourg life insurance: 18 policies compared
Updated on 3 August 2026
The best Luxembourg life insurance policy depends on the profile: Liberté (Lombard International) offers the widest choice of unit-linked funds, Profolio (Bâloise) the lowest entry ticket, and Assurance Vie One Lux (CNP) the lowest fees. This comparison reviews 18 policies, including access to the FID (Fonds Interne Dédié, a dedicated internal fund), for investors with at least €500,000 in investable assets.
- Entry thresholds range from €100,000 (Profolio, Life Mobility Evolution) to €1,000,000 (One Lux CNP) depending on the policy.
- Access to a FID (Fonds Interne Dédié, a dedicated internal fund) generally requires between €125,000 and €500,000, depending on the insurer and the policy chosen.
- Solvency ratios (SCR) at Luxembourg insurers range from 143% to 229% depending on the company (CAA, 2025), an indicator of financial strength.
- Luxembourg policies fall outside the French "Sapin 2" law, which can temporarily restrict withdrawals from French euro funds in a crisis.
- A Finary One wealth advisor supports the selection and structuring of these policies from €500,000 in investable assets.
What criteria should you use to choose a Luxembourg life insurance policy?
Choosing a Luxembourg life insurance policy rests on six criteria: the investment options, the euro fund, the subscription conditions, the fee structure, the insurer's financial strength and the multi-currency architecture.
Investment options
The breadth and quality of the investment options are a core criterion. The most attractive policies offer a wide choice of unit-linked funds:
- International and thematic equity funds
- ETFs tracking indices and sectors
- Real-estate funds and OPCI (a French non-listed real-estate collective investment vehicle)
- SRI funds (socially responsible investment) for ethical preferences
- Access to private equity and hedge funds via a FID (high risk of capital loss, illiquidity)
These options directly shape the return potential and the diversification of the portfolio.
Euro fund
Luxembourg euro funds deserve particular attention. Although they generally return less than their French counterparts, they bring welcome stability within a diversified allocation and benefit from the unlimited super-privilege.
Investment conditions and management
Subscription thresholds vary widely, from €100,000 to €1,000,000. Some products, such as the Wealins Life policy, offer dedicated management options from €250,000, allowing greater customisation of the investment strategy.
Fee structure
The fee structure directly affects the net performance of the policy. Four layers are worth comparing:
- Entry fees (0% to 5%)
- Annual management fees on the wrapper (0.5% to 1%)
- Fees on the underlying investment options (funds, FAS [Fonds d'Assurance Spécialisé, a specialised insurance fund], FID)
- Custodian bank and brokerage fees
The insurer's reputation and financial strength
Do not overlook the insurer's reputation and financial strength. The solvency ratio, a key indicator of an insurer's financial health, varies significantly between market players.
Companies such as International Credit Mutuel Life or Vitis Life post high solvency ratios (229% and 206% respectively in the 2025 SFCR report), available in the life SFCR register of the Commissariat aux Assurances, evidence of their financial strength.
Multi-currency architecture and FID
For international HNWI profiles, access to a multi-currency architecture (EUR, USD, GBP, CHF) and the ability to structure a FID (Fonds Interne Dédié) become major criteria. A FID allows bespoke institutional management run by a partner asset manager.
How do the 18 best Luxembourg life insurance policies compare?
Comparing 18 Luxembourg policies means assessing, for each one, the entry ticket, access to the FID (Fonds Interne Dédié), the fee structure, the number of unit-linked funds and the insurer's solvency ratio.
| Policy | Company | Minimum entry ticket | FID access threshold |
|---|---|---|---|
| Liberté | Lombard International | €250,000 | €250,000 |
| Espace Lux | Generali | €250,000 | €125,000 |
| Profolio | Bâloise Vie Luxembourg | €100,000 | €125,000 |
| Life Mobility Evolution | AG2R La Mondiale | €100,000 | – |
| Wealins Life | Wealins SA | – | €250,000 |
| Sogelife Personal Multisupports | Société Générale | – | €500,000 to €1,000,000 |
| Assurance Vie One Lux | CNP | €500,000 to €1,000,000 | – |
Contributions and accessibility
Entry thresholds vary widely:
- Liberté from Lombard International: €250,000 minimum
- Espace Lux from Generali: €250,000 minimum
- Profolio from Bâloise Vie Luxembourg: available from €100,000
- Life Mobility Evolution from AG2R La Mondiale: available from €100,000
At the other end of the range, the Assurance Vie One Lux policy from CNP requires an initial contribution of €500,000 to €1,000,000, targeting a wealthy clientele.
Dedicated internal funds (FID)
Setting up a FID (Fonds Interne Dédié) is a hallmark of Luxembourg policies. Access thresholds vary:
- Liberté and Wealins Life: €250,000
- Espace Lux and Profolio: €125,000
- Sogelife Personal Multisupports: €500,000 to €1,000,000
Fees and management
Fees shape the long-term performance of a policy:
- Maximum entry fees: 4.5% to 5%
- Exceptions: Cali Luxembourg and Sogelife Personal Multisupports charge none
- Management fees on unit-linked funds: 1% to 2%, directly affecting the net return
Breadth of investment options
The range of investment options varies:
- Liberté: 800 unit-linked funds
- Wealth Executive Life and Amane Exclusive Life from Vitis Life: up to 1,000 options
That breadth allows the asset allocation to be tailored.
Policy specifics
Some policies offer unique features:
- Amane Exclusive Life: complies with Islamic finance rules
- Swiss Life Personal Multisupports: management in several currencies (EUR, USD, GBP, CHF)
Performance and security
The solvency ratio varies considerably. For example:
- Foyer Vie (Helios): 227%
- Bâloise Vie Luxembourg: 145%
- Lombard International: 130% (value not found in the CAA register under this name during this check; kept as published)
According to the SFCR register of the Commissariat aux Assurances (CAA), these public ratios (most recent data available) reflect the insurer's ability to meet its commitments.
Top 5 leading Luxembourg life insurance policies in 2026
After a detailed review of the 18 policies, five stand out for their distinctive features, their flexibility and their potential performance.
Liberté – Lombard International
The Liberté policy from Lombard International stands out for the breadth of its investment range, with access to 800 unit-linked funds. That flexibility allows a bespoke portfolio to be built. Its €250,000 entry threshold for the FID (Fonds Interne Dédié) puts it within reach of a relatively broad wealth-management clientele.
Profolio – Bâloise Vie Luxembourg
Profolio stands out for its accessibility, requiring a minimum initial contribution of €100,000, the lowest among high-end policies. It gives access to a FID from €125,000, allowing in-depth customisation of the investment strategy. With a solvency ratio of 145% (CAA, SFCR 2025), Bâloise Vie Luxembourg shows solid financial strength.
Wealins Life – Wealins SA
This policy stands out for its flexibility and its wide range of investment options. With 250 unit-linked funds available and FID access from €250,000, Wealins Life strikes a good balance between diversification and customisation. Management fees are capped at 1.5% on unit-linked funds, which remains competitive.
Lifinity Europe – Axa Wealth Europe
Lifinity Europe stands out for its extended range of 700 unit-linked funds, allowing broad portfolio diversification. Its FID access threshold, set at €125,000, is among the lowest on the market for this type of service. Management fees, capped at 1% on unit-linked funds, affect the net performance of the policy.
Assurance Vie One Lux – CNP
Although its entry ticket is high (€500,000 to €1,000,000), Assurance Vie One Lux stands out for its low fees. Access to 355 funds, including ETFs and institutional share classes, allows sophisticated portfolio diversification.
The best Luxembourg life insurance with Finary One
Finary One supports French business owners and investors with €500,000 in investable assets in selecting and structuring their Luxembourg life insurance, from the choice of policy through to the bespoke allocation and long-term wealth planning.
- Informed selection across 10 Luxembourg insurers (Lombard International, Wealins, Sogelife, Cardif Lux Vie, La Mondiale Europartner, Vitis Life and others), with FID access from €500,000 in assets.
- Negotiated fees and banking margin, thanks to the volume Finary One places with its Luxembourg partners.
- A dedicated wealth advisor who designs the architecture of the policy (allocation, investment options, beneficiary clauses) in line with your overall wealth.
- A 360° wealth view bringing together Luxembourg life insurance, real estate, private equity, a backed Lombard loan and succession planning in a single platform.
Learn more about Finary One → Reserved for investors with €500,000 in investable assets. Investing carries risks, in particular of capital loss.
Which Luxembourg life insurance policy for which profile?
The choice of policy depends above all on the wealth profile. Here are the 4 typical profiles and the policies that match them in 2026.
Profile 1: HNWI with €500,000 to €2 million in investable assets
This is the natural core target for Luxembourg life insurance. At that level, FID access becomes relevant for a bespoke allocation including private equity and international bonds.
Policies potentially worth reviewing: Wealins Life (balance of fees and diversification), Lifinity Europe (low fees plus 700 unit-linked funds), Profolio Bâloise (accessibility). This list is informational and does not constitute a personalised recommendation.
Profile 2: UHNWI with €2 million and above
Above €2 million, Luxembourg life insurance is frequently used. Several FIDs can be combined within the same policy, each with a different asset manager, to build a diversified institutional allocation.
Policies potentially worth reviewing: Liberté Lombard International (800 unit-linked funds plus sophistication), Assurance Vie One Lux CNP (low fees plus institutional share classes), Espace Lux Generali (sophisticated architecture). Informational list, not personalised.
Profile 3: Expatriate or planned international mobility
Tax neutrality and the portability of the policy are decisive arguments for mobile profiles: senior executives considering expatriation, entrepreneurs with international activities, retirees planning a change of residence.
Policies potentially worth reviewing: Swiss Life Personal Multisupports (multi-currency EUR/USD/GBP/CHF), Wealins Life (European portability), Life Mobility Evolution AG2R La Mondiale (designed for mobility). Informational list, not personalised.
Profile 4: Business owner preparing an estate transfer or an apport-cession
For an owner preparing a company sale or structuring an apport-cession (Article 150-0 B ter of the French tax code, Code général des impôts, CGI), Luxembourg life insurance can be considered as part of a post-sale wealth strategy, with the support of an authorised specialist adviser. The policy can take in a significant part of the sale proceeds through FIDs holding eligible vehicles (FCPR, Fonds Communs de Placement à Risques, French venture capital funds; FPCI, Fonds Professionnels de Capital Investissement, professional private equity funds; operating SMEs).
Policies potentially worth reviewing: Liberté Lombard International (sophistication plus multiple FIDs), One Lux CNP (low fees on large amounts), Sogelife Personal Multisupports (Société Générale Wealth integration). An apport-cession (150-0 B ter CGI) must be structured and reviewed with specialist tax and legal counsel before implementation, given the complexity of the mechanism and the reinvestment conditions attached to the sale proceeds.
Why choose Luxembourg life insurance?
Luxembourg life insurance is an instrument used in wealth management. It is chosen in particular for its financial security and its investment flexibility within a favourable regulatory framework.
Security triangle and super-privilege
Its main feature is the Luxembourg security triangle (triangle de sécurité). This tripartite mechanism (insurer, approved custodian bank, Commissariat aux Assurances) enforces strict segregation of client assets. The super-privilege gives the policyholder first-ranking creditor status if the insurer fails, with capital protection that is unlimited (versus €70,000 in France).
Tax benefits and no Sapin 2
These policies benefit from tax transparency for French residents (the same regime as French life insurance: tax allowance after 8 years, inheritance exemption). They are not subject to the French "Sapin 2" law, which can restrict withdrawals from French euro funds in a systemic crisis.
To estimate precisely the tax due on a withdrawal, based on how long the policy has been held and the amount of premiums paid, the Finary life insurance tax simulator shows the impact of the annual tax allowance and of the flat tax.
Multi-currency investment range
The open architecture gives access to a wide range of international assets: mutual funds, equities, bonds, ETFs, private equity via a FID. Multi-currency investment options (EUR, USD, GBP, CHF) allow broader geographic diversification.
Drawbacks to know about
Attractive as it is, Luxembourg life insurance has limits worth weighing. The full detail is in our pillar guide to the 8 drawbacks, linked just after this section.
Fees and complexity
Management fees on Luxembourg policies, although often tapered by portfolio size, can exceed those of high-end French policies on the additional layers (FID, custodian bank). The sophistication of these policies generally calls for the support of a wealth advisor or a specialist adviser, with the associated costs.
Euro fund performance and entry ticket
Luxembourg euro funds generally return less than their premium French counterparts, in exchange for the unlimited security of the triangle. The high entry ticket (€250,000 minimum as standard, €500,000 for a FID) puts them out of reach for smaller portfolios.
Non-contractual document for promotional purposes. Finary One is Finary's private wealth management offering, reserved for investors with at least €500,000 in investable assets. Investing carries risks, in particular of partial or total capital loss. Finary SAS - 58 rue de Monceau 75380 Paris 8 - ORIAS no. 21001279, supervised by the AMF and the ACPR.
Going further on Luxembourg life insurance
To complement this comparison of 18 policies, read our full pillar guide: Luxembourg Life Insurance in 2026: benefits, drawbacks and how to choose. That guide covers how the policy works in detail, the security triangle, the FAS, FID and FIC (Fonds Interne Collectif, a collective internal fund) vehicles, taxation, the comparison with French life insurance and the selection criteria for your wealth profile.
Frequently asked questions
What is the minimum entry ticket for a high-end Luxembourg policy?
The standard entry ticket sits between €100,000 and €250,000 for the most accessible policies (Profolio Bâloise, Life Mobility Evolution). For high-end policies with FID access, expect €250,000 to €500,000. Beyond that (One Lux CNP, Sogelife Personal), the threshold rises to €500,000 or even €1,000,000. More detail on minimum amounts.
What are the average fees on a high-end Luxembourg policy in 2026?
For fully delegated management, expect an average of 0.90% a year in Luxembourg, against around 1.35% at high-end French private banks (market orders of magnitude, not exhaustive). The typical breakdown: entry fees 0% to 3%, wrapper management fees 0.5% to 1%, fees on the underlying investment options 0.5% to 1.5%, custodian bank fees 0.1% to 0.3%.
How long does it take to open a Luxembourg policy?
Expect 4 to 8 weeks between the decision to open and the policy actually being in place. The process includes: in-depth identity verification, documented evidence of the source of funds from the first euro, a detailed risk-profile assessment, and electronic signature with enhanced protocols. That rigour, inherited from European anti-money-laundering standards (LCB-FT), underpins the reputation for reliability of the Luxembourg system.
Are Luxembourg policies protected from the Sapin 2 law?
Yes. Luxembourg euro funds are not subject to the French "Sapin 2" law, which allows the French State to temporarily freeze withdrawals from euro funds in a systemic crisis. On a large portfolio, that better preservation of liquidity in turbulent markets is a weighty argument.
French vs Luxembourg life insurance: how do the two compare?
Above €500,000 in financial assets, Luxembourg becomes preferable: the unlimited protection of the super-privilege far exceeds the French €70,000 guarantee (FGAP), FID access opens asset classes unavailable in French policies, and tax neutrality is a useful feature for mobile profiles. Below €250,000, a high-end French policy remains more relevant. Detailed comparison of French vs Luxembourg life insurance.
Sources
Commissariat aux Assurances (CAA), register of life SFCR reports of Luxembourg insurers
Autorité des marchés financiers (AMF), PSCA white list, Finary SAS
Regulatory disclaimers: Marketing communication. Investing carries a risk of partial or total capital loss. Past performance is not a reliable indicator of future performance. This article is provided for information and educational purposes only; it does not constitute personalised investment advice, a buy or sell recommendation, or tax advice. The capital guarantee on euro funds is provided by the insurer and depends on its financial strength. In a severe systemic crisis, the French "Sapin 2" law allows withdrawals to be temporarily restricted (liquidity), without affecting the guaranteed capital. Unit-linked funds are not guaranteed and carry a risk of capital loss. Before investing, read the Key Information Document (KID) and, where relevant, consult an authorised adviser. Finary SAS, an investment firm authorised by the ACPR (no. 19283), member of AMAFI. Insurance broker registered with ORIAS (no. 21001279), member of the CNCGP (association approved by the AMF). Crypto-Asset Service Provider (CASP) authorised by the AMF under the MiCA regime, references no. A2026-026 and no. N2026-008.
