10 million life insurance cost?

Life insurance: 2 years of lost return due to payment fees! The entry-level contract of Société Générale is held by 728,387 customers of the red and black bank, according to the count of La Tribune de l'assurance. Better than the Sequoia contract, intended for a slightly more affluent clientele, and its half-million holders. Both yield 0.75% to 1.76% on the fund in euros in 2021, the remuneration rising according to the size of the sums deposited.

1.7 million contracts! The Plan Assurance Vie contract of Crédit Mutuel (federal Alliance network, therefore excluding Brittany and South-West) and CIC is sold in large numbers since the same contract is available in several versions, depending on the category of customer: Essential, accessible from 50 euros savings plan, then Avantage from €15,000 and Privilège above €50,000. The 2021 remuneration of the fund in euros is between 1.10% and 1.60% depending on the category of client: rather “generous” for a banking contract. Life insurance: the best funds in euros will beat the passbook A rate in 2022 135 Afer members hold the multi-support contract at the end of 2021.

Among the best-sellers of life insurance, the Afer contract is unsurprisingly an exception, in the good sense of the term, especially since the association has recently revised downwards its rates applied to payments. The return on the fund in euros is 1.70%. Above average. When you choose the bank's life insurance, the bank charges you entry or payment fees.

Fees that eat into your savings even before they can grow! If you deposit 1,000 euros on a contract charging 3% installments, only 970 euros will actually be deposited and it will take you more than 2 years to recover the 30 euros thus lost. However, recent bank contracts charge payment fees of around 3%, or even climbing 4% or 5% for the oldest contracts. Fees you can negotiate...if you know it. But how do you know the real life insurance best-sellers, those that are selling like hot cakes? Looking at the number of contracts held, again based on data from La Tribune de l'assurance.

In this case, the order of the top 10 is completely turned upside down. And this allows you to know if these popular life insurance policies are indeed the “best”, or not. Due to a lack of data provided by the insurer, the Nuances 3D contract no longer appeared in the rankings of La Tribune de l'assurance in recent years.

It is making its big comeback this year. Sold in 2.1 million copies, the Nuances 3D contract has long been the mainstay of Caisse d'Epargne's "general public". But the Squirrel changed insurer by moving in 2016 from CNP to the group's internal insurer, BPCE Vie, for any new contract taken out. The Nuances 3D contract is no longer marketed and in 2021 offered a return net of management fees and social security contributions of 0.62%.

The green bank's flagship range for nearly thirty years, Predissime 9 is a real heavyweight on the market, with nearly 2.8 million holders. Note: this range has been available for 3 years in a new version, "Predissime 9 series 2", the advantage of which is access to automatic management options and controlled management ("Mandate Selection") from 5,000 euros in savings. Remuneration of the fund in euros: 0.65% net of management fees, very clearly below the average for 2021 which reached 1.28%, according to the Prudential Control and Resolution Authority (ACPR). This contract once counted one million subscribers. Now replaced by Multi Vie at the head of the gondola at the insurer Macif, there are only 812,274 copies left. This Livret Vie contract has a double particularity: zero fees on payment, and 100% of the savings invested in the fund in euros, which returned 1% in 2021.

A product perfectly suited to the very general public, but which has not been available for subscription since 2018. With 1.3 million subscribers, La Banque Postale's flagship contract remains on the podium of the big successes in life insurance. Offered in several versions (Initial, Growth, Vitality, Income, etc.), depending on the age of the subscriber, Vivaccio life insurance is clearly aimed at the very general public, more than the “elitist” Cachemire 2.

Many savers dipped into their Vivaccio contract in the face of the crisis, which certainly shows gross inflows of 559 million euros, but net inflows (counting withdrawals) negative, at -403 million euros according to La Tribune de insurance. Finally, Vivaccio has the particularity of being one of the least heavily invested contracts in units of account (16% in UA): the vast majority of savings top up the fund in euros, remunerated at 0.65% in 2021 . The million mark has been reached: 1,006,049 Multiplacement 2 contracts were recorded at the end of 2021.

For an honest return on the fund in euros: 1.10% last year. Just below average, but competitive with banking competition. The Crédit Agricole subsidiary simplified its life insurance offer in 2018 by articulating it around the LCL Vie range. A contract certainly displaying up to 3.5% payment fees (negotiable, as in all banks) but the fund's remuneration range in euros is very competitive in the face of banking competition: 1.05% to 1.85 % for the year 2021 according to the UA share. A formula that attracted 591,550 customers.