A global leader in wealth solutions

A global leader in wealth solutions

Tailored wealth solutions designed for control and flexibility
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Our solutions

At Lombard International Assurance, we understand the complexities facing today’s wealthy individuals, families and institutions. From managing the succession and wealth planning needs of an internationally mobile family, to navigating the complexities of cross border regulation for our institutional clients, we offer tailored, flexible solutions to meet our clients’ individual needs. 

 

Bespoke

We take the time to understand the unique situations of individuals and families. We develop bespoke solutions to meet their individual objectives. Our solutions offer security. They are flexible by design. They give our clients confidence that their assets will be transferred according to their wishes.

Portability 

We live in a global world. Our clients are often at the fore of this changing landscape. We understand the importance of having local, in-market technical experts to manage cross border complexities. We have the expertise to develop portable solutions that allow our clients to make the most of their international lifestyles and businesses. 

The broadest range of asset classes 

Non-traditional, or alternative, assets have long been recognised as an effective diversification tool. They also often have the benefit of investing in the real economy, fuelling growth in our financial markets and the communities in which we live. We understand how to value non-traditional assets and how to integrate them into the solutions we offer.

Key features

1.

Tailor a truly bespoke succession planning strategy to the needs of each family while catering to often complex family circumstances and individual lifestyles.

2.

Meet liquidity needs to repay debt, satisfy estate and succession taxes, protect against key person risk and preserve the integrity of the family business across generations.

3.

Align with and optimize existing planning and holding vehicles, including trusts, companies and foundations, as life insurance is flexible and highly complementary to other wealth management solutions.

4.

Invest in a broad and diversified range of asset classes, from traditional stocks and bonds to non-traditional assets, which include private equity, hedge funds and real estate.

5.

Ensure that wealth passes to future generations and/or philanthropic or other causes exactly as planned, while maintaining control during clients' lifetimes and beyond.

6.

Continue to adapt and rebalance investment portfolios in line with clients' evolving needs and in response to prevailing market conditions.

7.

Decide and freely change who will benefit from family wealth (including those who may not be legal heirs).

8.

Benefit from a solution that adapts to international lifestyles and remains effective across borders by being generally recognized in multiple global jurisdictions.

The contract and its set-up

Each situation is unique requiring individually tailored wealth planning strategies.

At Lombard International Assurance, we have the ability to guide our clients in making the right choices in partnership with their asset manager, and their trusted advisers. Unit-Linked life insurance solutions enable clients to choose and adapt customised portfolio management strategies, offering policyholders to broaden their available investment options to assets usually reserved for professional investors.

In Europe, our unit-linked life insurance solutions are based on a life assurance contract issued by our Luxembourg entity. Luxembourg’s insurance policyholder protection regime, which is popularly known as the Triangle of Security, provides one of the strongest asset protection regimes in the world. It requires:

  • All assets underlying life insurance policies to be deposited by an independent custodian bank approved by the state insurance regulator, the Commissariat aux Assurances.

  • Ring-fencing of assets from both insurance company and the custodian bank.
 

Different roles exist at insurance contract level:

 

 

Policyholder

A Unit-Linked life insurance solution is a contract between an insurance company and an individual or legal entity (“policyholder”). The Policyholder is the party subscribing to the contract.


 

Life Assured

The Life Assured is the person whose death will trigger the payment of the benefits to the Beneficiary/Beneficiaries (whole of life policies). The policy value is linked to the underlying funds held by the life assurance company (“assets”). Payments made to nominated beneficiaries or the estate of the policyholder (“death proceeds”) are equal to the value of assets plus a death benefit.


 

Beneficiary

The Beneficiary is the party benefitting from the pay-out of the policy’s assets’ value and the potential death cover linked to the contract.