lalux-Education allows you to ensure that a set amount of money is paid to your children at a given time, no matter what happens to you.
If you die before you complete your savings plan, the agreed-upon amount will still be paid according to the terms you choose. Your children will thus have the means necessary to continue their education or to settle down in life.
In addition, lalux-Education benefits from a favourable tax framework. Not only your savings do come with a guaranteed return, but you also benefit from tax deduction for your insurance premiums.
Capital or annuity – the choice is yours
At the end of your contract, you can choose how your children will benefit from the savings you have chosen to dedicate to them. When the time comes, they either have direct access to the full amount or benefit from it in the form of an annuity for a defined period of time.
Whichever you choose, these amounts are not taxed.
You also choose the age at which you want them to benefit from this financial contribution.
Guaranteed interest rate and profit sharing
The minimum interest rate on your savings is set by the insurance supervisory authority (the Commissariat aux Assurances).
An additional profit-sharing rate is set annually according to the company’s results and the evolution of interest rates on the financial markets.
In the event of accidental death, the insured capital can be up to four times higher. And in the case of a traffic accident, the insured sum can be paid up to seven times.