As a leader of Luxembourg life insurance in Freedom to Provide Services in Belgium, OneLife has opened this summer a branch office in Auderghem, Belgium, south east of Brussels, in order to enhance its presence in this market by offering Belgian policies.
Named OneLife Belgian Branch, it will offer an expanded range combining the benefits of Luxembourg life insurance in terms of investment flexibility, asset protection and the proximity of the Belgian financial environment: an ideal combination to meet the varied needs of its clients.
BeLife: the best of Luxembourg life insurance within a 100% local solution
BeLife is the first policy to be offered by OneLife Belgian Branch under Freedom of Establishment.
Accessible from EUR 10,000, BeLife is a Branch 23 life insurance policy governed under Belgian law designed for private clients residing in Belgium who are seeking to invest over the medium to long term, while retaining the ability to access their saving at any time.
The advantages of this new policy:
- A wide range of external funds offering the ability to exercise automatic switching options at all times in order to optimise investments
- Product flexibility with numerous structuring possibilities
- Secure and intuitive online tools for straightforward policy administration 24/7 (including the new 100% digital application functionality)
- A unique framework for protecting the policyholder’s assets (Triangle of Security and Super Privilege)
- Transactions within a domestic banking environment (depositary bank and banking institution located in Belgium)
Other policies will subsequently supplement the local offering in order to best meet the needs of partners and their clients.
A new chapter for OneLife
The opening of the branch marks an important milestone in the company’s development in the Belgian market and the solutions offered to its partners and clients.
With this expanded and complementary offering, as it is already the case in France with both the Freedom to Provide Services activity and the branch office, OneLife is seeking to reaffirm its ongoing commitment to best serve the local needs of its markets and clients.
“Belgium has always occupied a special place for OneLife. Over the years we have established strong and sustainable partnerships with insurance brokers by offering innovative, expert and customised solutions. Through the branch office we are now striving to consolidate our place as a major life insurance player in Belgium by providing ever more effective support for our partners’ and clients’ wealth management projects”, declares Bruno Valersteinas, Chief Executive Officer of OneLife.
“The opening of the branch involved our teams for many months. We would like to thank them for their commitment to achieving our objectives: the collaboration and synergy between the teams have been key to the success of this project. This major development in the company’s history is a source of collective pride, and we look forward to serving our Belgian partners and clients with a complementary and differentiating offering, added Cédric Lootvoet, Chief Financial Officer and sponsor of the project within the company.
Are you a life insurance intermediary interested in finding out more about our wealth management solutions for clients residing in Belgium?