Pension insurance: complements your statutory pension and occupational pension

Taking out pension insurance enables you to build up a regular savings fund over the long term.

You benefit from a profit share dependent on the financial performance of the Insurance Company. You also have the option of investing your savings in a range of Collective Internal Funds to suit your investor profile.

You can also choose the frequency at which you pay your premiums: monthly, quarterly, half-yearly or annually.

Your retirement income

When you retire, you have two choices of how to benefit from your savings:

• You decide to take out all of your savings. In this case, your capital will be taxed at half of the overall rate of income tax applicable on the day the policy is surrendered.
• You decide to take some or all of your principal as a monthly capital annuity, 50% of which is tax exempt.

Your policy will mature on your 60th birthday at the soonest provided that your policy is for at least 10 years.

Tax breaks

You benefit from an annual tax deduction of up to €3,200 for your pension insurance, regardless of your age.

Rose knows that her statutory pension will not be enough to finance her plan to move abroad when she retires. She takes out a pension insurance policy and invests her premiums in Collective Internal Funds. She deducts up to €3,200 from her tax return every year. When she takes her pension, Rose will be able to make the most of her new life.

A range of socially responsible investment options

You can combine security and performance in the same policy thanks to two “mix and match” insurance solutions: 

• an option with guaranteed capital with potential profit-sharing (depending on Cardif Lux Vie’s financial results); 
• an option under which savings are invested in a selection of funds according to your investor profile and respecting the investment limits provided by the law. 

Among these funds, you can access a socially responsible range articulated around 3 themes that are important to us: preserving water resources, adapting to climate change and mitigating its effects, helping to provide food of better quality, while respecting rules of ethics. 

For the Cardif Lux Vie General Fund, our management of the assets meets environmental, social and governance (ESG) criteria by applying both ESG and Carbon filters. This approach means that we invest with the companies with the best ratings for these criteria and for their efforts towards the energy transition.

Since 2020 we are partner of