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Do you want to open life insurance, but don’t know what criteria to keep in mind when exploring life insurance comparisons? Drowned in the mass of information? Choosing the life insurance policy that best meets your needs depends on several criteria. In this article, we take stock of features to consider when comparing different life insurance policies. We also take this opportunity to tell you which contracts have caught our attention and our preferences based on the expectations and objectives of the saver.

The criteria that matter most to you depend on your savings profile. Security, real estate, stock exchange, versatile, managed management, expatriate… there is something for all tastes, all objectives and all profiles!

SUMMARY

Summary of the important criteria in life insurance comparisons according to your saver profile

Here is our comparison of the criteria to take into account depending on your profile and your goal, in order to choose your life insurance contract. Thus, we distinguish 5 different categories: security, real estate, stock market, versatile and expatriate.

ProfilesecurityImmovablestock ExchangeVersatileExpatriate
Goal 100% euro fund investment Investment in “stone-paper”
(SCPI or SCI)
Investment in units of account
(free management or managed management)
Flexible investment on an “all-terrain” and scalable contract Find an insurer that accommodates non-residents
General criteria No charge on payment No charge on payment No payment fees and low unit-linked management fees No payment fees, no arbitration fees and low unit-linked management fees Low fees, good euro funds, good choice of units of account
Specific criteria Good historical performance of the euro fund Good choice of SCPI or SCI

Low management fees on units of account

100% of rent paid

Choice between free management and managed management

Good choice of units of account

Free management options

Free arbitrations

Good broker for advice

Choice between free management and managed management

Good historical performance of the euro fund

Good choice of units of account

Insurer accommodating expatriates (Crédit Mutuel Suravenir)
Adapted life insurance Linxea Life
See the contract

Evolution Life
(assurancevie.com)

Darjeeling
(Placement-direct.fr)

Linxea Spirit 2
See the contract
Free management:
Linxea Spirit 2

Managed management:
Yomoni
or Nalo

Linxea Future
See the contract

Darjeeling
(Placement-direct.fr)

Linxea Future
See the contract

Life insurance comparisons: take your savings profile into account!

There are hundreds of life insurance contracts, and contracts are now almost all multi-media. That is to say that within a single life insurance policy, savers have the choice of investing between secure media (called “euro funds”) and investment funds presenting a risk of loss. capital (called “units of account”).

That said, some life insurance contracts have a profile that stands out for certain asset classes. So, some contracts are more suitable for investing in euro funds and others in real estate, for example. It is therefore important to have an idea of ​​the media on which you plan to invest before opening a contract (what is called “asset allocation”). If in doubt, certain “all-terrain” contracts with good versatility are recommended at the end of the article.

So if you are looking for a good life insurance contract in a comparison, ask yourself the right questions first. Our article is here to guide you and make it easier for you to choose life insurance based on your savings profile. Because even if the broker will define your profile during the opening process, the first step is to choose the most suitable contract.

Note that certain characteristics invariably identify a good contract and are a prerequisites: free installments and low management fees. In addition, to be free and save at our own pace, we prefer life insurance policies that do not require a regular payment, only the first payment at the opening.

A life insurance contract adapted to savers wishing to prioritize security

Do you want to secure your capital because you have a short-term real estate purchase project? Or simply because you cannot bear to take the slightest risk of a drop in your invested capital? In this case, you should avoid units of account because they present a risk of capital loss, so that you can focus only on euro funds.

So you are looking for a life insurance contract 100% euro funds, therefore without restriction of payment in units of account. Be aware that insurers impose more and more a constraint of payment in units of account. Also, there are few life insurance contracts that allow direct payment in 100% euro funds. That said, on other contracts, we can pay firstly to units of account, then secondly to arbitrate to be invested in 100% euro funds.

What criteria to look for in life insurance comparisons to secure your capital?

Look for a life insurance policy that combines these criteria:

  • contract free of charge on payment,
  • without restriction of payment in units of account,
  • good historical performance of the euro fund.

What life insurance contracts to secure your capital?

Among the best life insurance policies, we find these contracts particularly suited to security:

A life insurance contract making it easy to invest in real estate

Some contracts are particularly interesting if you want to invest in real estate in “rock-paper”, in particular through civil companies of real estate investment (SCPI). Concretely, you will hold shares in commercial, office or residential buildings in different geographical areas (France or abroad), depending on the SCPI chosen. So you will be exposed to the real estate market (and its rises and falls) and you will receive rents, without worrying about the management of property. Be aware that SCPIs are present as units of account in many life insurance contracts, but this is not common.

What criteria to look for in life insurance comparisons to invest in real estate?

Look for a life insurance policy that combines these criteria:

  • choice of units of account targeting the real estate market: SCPI, SCI or OPCI (what are the differences?)
  • management fees on units of account: 0.60% per year, at best 0.50%.
  • paid rents: 100% of paid rents (note, most contracts only pay the saver 85% of rents).

Which life insurance contracts to invest in real estate?

Among the best life insurance policies, there is a contract particularly suited to real estate investment. This is Linxea Spirit 2 which has the good points:

  • choice between 21 SCPI from different management companies and various markets (offices, shops, residential),
  • also 3 SCI and 7 OPCI to diversify,
  • low management fees on units of account (0.50% per year),
  • 100% of rents paid to owners of SCPI shares.

Thus, Linxea Spirit 2 makes it possible to have a euro fund / unit-linked allocation entirely oriented towards real estate if desired. To go further, you can also read our article dedicated to SCPI investment in life insurance.

Linxea Spirit life insurance notice

Request Linxea Spirit 2 documentation by following this link.

Life insurance adapted to savers wishing to invest in the stock market to boost their wealth

Some savers want to boost part of their savings on the stock market. Clearly, it is about accepting more or less risk, not out of masochism but in order to have better long-term performance. In practice, these savers will invest in units of account, which present a risk of capital loss (due to market volatility) in return for a better expectation of gain. Note that the risk is more or less pronounced, because you have the choice between units of account on a risk scale that goes from 1 (very low volatility, like the euro fund) to 7 (high volatility).

The choice of units of account

Units of account refer to funds other than euro funds. A few investment funds seem essential to us for investing in the stock market. Thus, accessing index investment funds (trackers) makes it possible to build up a very diversified passive allocation at low cost. In addition, investors who have convictions will be able to turn to an economic sector or theme that they consider promising through actively managed investment funds. And a few rare contracts also make it possible to invest directly on the stock market in live securities (for example LVMH, Sanofi, Renault, etc.)

In practice, if you have a very specific idea in mind (to invest in such and such a fund, or such sector or via such management company), you can make sure that the unit of account is available in the life insurance contract. before subscribing. Know that the best contracts give access to more than 500 units of account, thus the saver will be able to filter and find the funds corresponding to his expectations.

The choice of investing in free management or in managed management

In practice, you can invest in free management or in managed management. Indeed, good life insurance contracts generally leave a choice between these two management methods and you can switch from one mode to the other at any time.

Thus, independent savers will be able to invest in free management, so as to freely choose their units of account from the range available in their contract (as seen previously).

As for the saver who prefers to invest in the stock market “without putting his hands in the sludge”, he can delegate by choosing managed management. Thus, it is the manager who will invest in an allocation of units of account, depending on the profile chosen (defensive, balanced, offensive, etc.) by the investor who sets the course.

What criteria to look for in life insurance comparisons for investing in the stock market?

Look for a life insurance policy that combines these criteria:

  • management methods : choice between free management or managed management.
  • management fees on units of account. Typically, traditional banks charge 1% management fee per year. While online banks are running around 0.60% unit-linked management fees per year. In the long run, the difference in performance net of fees will be considerable! And of course, we want 0 fees on payment.
  • choice of account units. Diversified offer between several management companies. And which makes it possible to invest in different markets (equities, real estate, bonds, etc.) thanks to different supports (active investment funds, trackers, live securities, etc.)
  • free management options, for example to secure your capital gains.
  • free arbitrations, to be able to sell, buy, rebalance… free of charge.

Which life insurance contracts to invest in the stock market?

Among the best life insurance policies, we find these contracts particularly suitable for stock market investment:

Yomoni
Nalo

A versatile life insurance policy for undecided savers or those who want to diversify at best

If you don't really know how to invest in your life insurance, choose a complete and effective life insurance in “all terrain”, then let the broker guide you. In theory, multi-vehicle life insurance policies are by definition versatile, since they allow you to invest just as much in euro funds as in units of account.

In practice, you have to be very selective to find a good contract on all terrains. Good contracts offer versatility allowing you to choose as you see fit between a “security” profile with good funds in euros, and various units of account when you want to boost your return. So we are looking a flexible contract to manage, with both an excellent euro fund and a good choice of low-cost units of account.

What criteria to look for in life insurance comparisons to diversify well within the same contract?

Look for a life insurance policy that combines these criteria:

  • a life insurance broker who provides advice,
  • a contract that makes it easy to switch between free management and managed management,
  • a contract free of charge on payment, with low management fees and no arbitration fees,
  • a good euro fund with good historical performance (among the best euro funds on the market),
  • a good choice of units of account to have the opportunity to diversify into equities and / or real estate.

Which life insurance contracts to diversify?

Among the best life insurance policies, an “all-terrain” contract stands out. If you only need one, Linxea Avenir is a contract adapted to a maximum of profiles and which makes it possible to change strategy during life. Thus, we can secure by investing in euro funds. We can also turn to real estate or investment in units of account (including trackers) to boost. And we can invest in free management or delegate in managed management. Finally, this contract will follow you everywhere without worry, because the insurer Crédit Mutuel Suravenir is known to be accommodating with expatriates.

Request Linxea Avenir documentation by following this link.

Linxea Avenir life insurance notice

In addition, to diversify on a second “all-terrain” contract, Darjeeling life insurance is also excellent with a good euro fund and a large choice of units of account.

Life insurance for savers who want precautionary savings that are readily available

On a small part of your assets, are you looking to supplement the livret A as precautionary savings, while being better remunerated by interest? So you will invest in 100% euro funds and you will be particularly sensitive to the time limits for withdrawals (partial redemptions).

Generally in life insurance, it takes 2 weeks with a maximum of 30 days to recover your money. The top being the insurer Generali, which undertakes to honor redemption requests within 72 hours. And in practice, the redemption request is simply made online, in a few clicks.

What criteria should we look for in life insurance comparisons for precautionary savings that can be mobilized very quickly?

Look for a life insurance policy that combines these criteria:

  • no payment fees (otherwise with this usage you would have more fees than interest!),
  • a good euro fund without restriction of payment in units of account,
  • the insurer Generali to obtain its buyout in 72 hours.

Which life insurance contracts for rapidly available precautionary savings?

Among the best life insurance policies, we find these contracts particularly suited to precautionary savings:

Note from Nicolas : this use as precautionary savings is rather marginal and involves small sums. Also, it will be more of a complementary life insurance, alongside another contract more oriented investment medium term or long term.

Request Linxea Vie documentation by following this link.

Linxea Vie life insurance notice

Life insurance for expatriate or mobile savers abroad and for US Persons

In general, it is recommended to subscribe to your savings products (life insurance, PEA, etc.) before any departure abroad. Because tax non-residents can have all the difficulties in the world to subscribe or manage a savings product abroad. Indeed, either one is confronted with a regulatory impossibility, or one is drowned under “paperwork”.

What criteria to look for in the life insurance comparisons for a non-resident saver?

In terms of life insurance, non-residents must turn to an insurer who is accommodating with expatriates, at least with the French who have their tax residence outside France. Thus, in addition to the usual criteria for choosing life insurance (fees, performance, quality of the broker's customer service, etc.), this very selective criterion must be introduced. Note that the insurer Crédit Mutuel Suravenir is particularly open to non-residents.

What life insurance contracts for a non-resident (expatriate)?

Among the best life insurance policies, we find these contracts particularly suitable for non-residents:

  • free management: Linxea Avenir (insured by Crédit Mutuel Suravenir),
  • in managed management: Nalo (provided by Generali). Our opinion on Nalo.

Request Linxea Avenir documentation by following this link.

Linxea Avenir life insurance notice

What life insurance policies for US Persons?

Savers who have dual French and American nationality are called US Persons. They have all the trouble in the world to find a bank or a broker who accepts them. Because even being a French tax resident, the American legislation is so restrictive that French banks and brokers are reluctant.

Among the best life insurance brokers, we know that Placement-Direct.fr accepts US Persons. And that's good news because their Darjeeling contract is excellent: our full Darjeeling life insurance review.

Life insurance comparisons: the recognition of online life insurance

Should we trust the comparators available on the internet?

Most online comparators start out with good intentions and results and rankings are generally relevant. But they compare contracts on the basis of characteristics that don't make it easy for savers to find their way around when making a choice. Indeed, we are drowned in information without knowing which to prioritize in our case.

As we have explained above, the choice of a life insurance contract depends above all on the objectives of each individual. So, we are wary of the use that is made of these life insurance reviews by savers who are not guided enough to draw the right lessons, hence our article.

What about online life insurance brokers?

As you may have noticed, the reviews (online or specialized paper press) give pride of place to life insurance contracts distributed by online brokers. So, online brokers often occupy the first places of the podiums, and Linxea for example has received numerous awards. This is usually a well-deserved reward, and our review of the best life insurance policies supports that as well.

Online life insurance: undeniable qualities

Online brokers offer life insurance contracts whose characteristics are generally very advantageous (in terms of costs, performance, choice of support, customer service, etc.). All the more so when you compare to life insurance products sold in traditional bank branches.

Concretely, online life insurance is no charge on payment. Where traditional banking networks sometimes charge up to 5%, which is prohibitive when you consider that funds in euros only bring in on average 1.60% per year. Moreover, annual management fees are much lower (usually 0.60% per year with online brokers instead of 1%).

In addition, online life insurance offers good euro funds and a choice of varied and quality units of account to diversify : SCPIs, trackers, active investment funds, sometimes even live securities and structured products. Finally, online management is easy : payments, arbitrations, redemptions, options, etc. And to top it all, customer service is generally very available by email and phone.

Life insurance comparisons: conclusion

We have been interested in life insurance for more than 10 years, we have gone through the comparisons and taken a date on several excellent contracts to diversify. Thus, it emerges the podium of the best life insurance that we invite you to read, in addition to this article which sheds light on the choice according to his savings profile. And if you're looking for good child life insurance, this is it, because it will pay off more than a Livret A in the long run.

You can also have multiple strategies (because different life projects and investment horizons) and for that to multiply life insurance contracts. For example, we may want to save in part on Linxea Vie for security in 100% euro funds, another part on Yomoni to invest in the stock market by delegating in managed management, and a last part on Linxea Spirit to invest in real estate. In this way, we diversify the insurers (State guarantee of € 70,000 per insurer), we exploit the strengths of each contract and we save on one or the other life insurance according to its objective.

So a saver who wants to be as simple and efficient at the same time as possible can be satisfied with taking out “all-terrain” life insurance such as Linxea Avenir. Remember that it is recommended to take a date to take advantage of the tax advantage for 8 years of life insurance as quickly as possible, and that payments after opening are not mandatory.

Best life insurance