Published November 29, 2022, 10:25 amUpdated November 29, 2022, 10:30 am
Life insurance isn’t what it used to be, but still a little. It remains an investment acclaimed by the French, the largest in terms of outstanding, as it amounted to 1.826 billion euros at the end of August 2022, far ahead of the livret A (nearly 500 billion euros). Like him, it allows you to invest without risking losing your capital, thanks to its secure medium, the euro fund. While it made up most of the amount outstanding in 1991 (90%), it represented just 73% in 2021, according to La Banque de France. The remainder consists mainly of units of account (AU), vehicles invested in the equity, bond or real estate markets.
“Overall, the big change is the end of guaranteed rates and the gradual arrival of contracts with UC”, explains Gilles Belloir, managing director of the online broker Placement-direct.fr. Because there was a time when savers were guaranteed their capital at maturity thanks to a guaranteed rate for life, up to 4.5%! This hasn’t been the case for a long time.
