Belgium: death of the insured and payment to the beneficiary
June 27, 2017
After inventorying all the policies affected by the death, all the administrative formalities with the insurers concerned must begin fairly soon in order to settle the benefits prescribed under the policies. Documents to compile The larger the number of insurers involved, the more complex becomes the broker’s task, since each company usually has […]
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Finland – Life assurance premium payments in kind – is transfer tax due?
However, special care should be taken to analyse the tax impact of the premium payment. First, a premium payment in kind is regarded as a disposal for Finnish income tax purposes. This means that the payment triggers taxation for a tax-resident policyholder transferring securities under the policy. Capital gains are taxed at 30%, and for […]
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Employee full inclusion
Innovation is clearly written into the genes of OneLife. Since its rebranding in 2016, this life-assurance specialist has repeatedly performed digital feats to contribute genuine added value to its partners and its staff in-house. After launching a number of digital initiatives, particularly a mobile application in October 2016, and entering into partnership with a […]
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