Very attractive tax regime in Luxembourg for this type of product
With life insurance, you can take care of your loved ones while reducing your tax base. Indeed, you can deduct the premiums paid up to EUR 672 per year and per person within the household/per person belonging to the household for tax purposes – (including any children for which the taxpayer receives a tax allowance).
In the event of death, you are not subject in Luxembourg to any tax on the remuneration on the policy. To take advantage of this particularly attractive tax benefit, you must hold your policy to term. To simulate other possible deductions, visit www.deductionsfiscales.lu.
