Contract structures
Solutions
What you read here comes from a verifiable broker, not a sales catalogue: CAA licence No. 2020CP007, verifiable in one click.
One policy, several architectures. The right one depends on the wealth, not the other way round.
The Luxembourg policy is not a single product: it is a wrapper that can take several forms depending on the amount invested and the degree of customisation sought. Here are the six most common structures, presented with no hierarchy and no implicit recommendation.
Six main structures
| Structure | Indicative entry ticket | What sets it apart |
|---|---|---|
| FIC | €100,000 – 125,000 | Pooled management, the most accessible |
| FID | from €250,000 | Individualised management, alternative assets |
| FAS | above €500,000 | The widest architecture, unlisted assets |
| Multi-currency | Variable, depending on profile | Denominated in USD, CHF, GBP |
| Lombard credit | Variable, depending on profile | Liquidity without surrender |
| Structured products | Variable, depending on profile | Held directly within the policy |
| Internal Collective Fund (FIC) | Pooled management across several policyholders around a standardised allocation. It is the most accessible entry point on the market, with a ticket generally between €100,000 and €125,000. |
| Internal Dedicated Fund (FID) | Individualised management, entrusted to a manager chosen by the policyholder or their adviser, with access to alternative asset classes (private equity, private debt, indirect real estate). Threshold generally observed from €250,000. |
| Specialised Insurance Fund (FAS) | The widest architecture, reserved for the largest estates and for informed profiles, extending to specific unlisted assets negotiated on a case-by-case basis. Generally above €500,000. The Commissariat aux Assurances distinguishes several FAS categories (A to D), according to the nature of the eligible assets: the most open categories allow access to private equity, indirect real estate or specific unlisted securities. The category retained depends on the profile and the amount invested, reviewed case by case. |
| Multi-currency | The option to denominate all or part of the policy in dollars, Swiss francs or pounds sterling, without going through a separate national policy for each currency. An advantage for wealth or income that is already international. |
| Lombard credit | Access to liquidity, generally between fifty and seventy per cent of the portfolio’s value, depending on the lending institution’s policy and the nature of the assets pledged as collateral, without a surrender, and therefore without triggering taxation or interrupting the investment strategy under way. |
| Structured products | Since 2026, a structured product can be held directly within the policy, without an intermediary internal or external fund. Products with enhanced guarantees benefit from wider access; those without remain subject to stricter limits, which vary according to the policyholder’s category. |
Lombard credit answers, in particular, a need for liquidity following a business sale, without a surrender.
International mobility
Unlike a national policy, sometimes restricted or frozen as soon as a change of residence occurs, the Luxembourg policy is neither closed nor frozen on moving abroad. It carries no taxation of its own in Luxembourg: it is the legislation of the country of residence that determines, at every stage, the treatment that applies. It is this tax neutrality, more than any particular provision, that explains the policy’s portability. Seniority is also preserved from one country to another, a point that retains its full value on returning to a country where the tax advantage grows with the holding period. The precise rules vary significantly from one country to another and change over time: we review them with you, country by country, at the first conversation rather than generalising here.
Going further
The thresholds given here are indicative and vary by company. How a structure is chosen for a given profile is covered on the Verified page; what it actually costs is also covered there. This page answers only one question: what exists.