NN Strategy Self-Determined Saving in Branche 23 / Tak 23 (non-tax-beneficial)

NN Strategy Vrij Sparen in Tak 23 (niet-fiscaal)

With a Branche 23 / Tak 231 life insurance policy you can save at your own pace, with prospects of typically higher rewards. Your money remains available to you, and you enjoy all the benefits of a life insurance contract.

Is NN Strategy Self-Determined Saving in Branche 23 / Tak 23 right for you?

  • Do you have savings to spare and want to invest for the longer term?
  • Are you happy to take some risks in exchange for higher possible returns over the long term?
  • Do you want to invest in an open architecture with high-quality funds?

If so, a non-tax-beneficial Branche 23 / Tak 231 investment-linked insurance policy may offer you a complete and profitable solution.

What are the benefits and risks of NN Strategy Self-Determined Saving in Branche 23 / Tak 23?

Build savings with the flexibility of a life insurance policy

NN Strategy Branche 23 / Tak 231 is an individual Branche 23 / Tak 231 life insurance contract with no tax concessions that is linked to investment funds.

In an NN Strategy Branche 23 / Tak 231 policy:

- you are free to choose the insured person and the beneficiary or beneficiaries
- you can take out supplementary guarantees
- you pay no withholding tax
- you can make regular transfers, starting from 40 euros per month
- you can also make a one-off deposit by investing a minimum sum of 2,500 euros. After that, you can then make additional deposits of at least 500 euros, whenever you wish.
- you are free to choose the funds that best match your investor profile. Make sure you discuss this with your broker.

A Branche 23 / Tak 23 investment-linked insurance policy for typically higher rewards

Your premiums are invested in investment funds. This gives you the possible prospect of typically higher rewards over the long term. On the other hand, the financial risk of Branche 23 / Tak 231 transactions is fully borne by you as the policyholder.

What risks are associated with Branche 23 / Tak 23?

Branche 23 / Tak 231 life insurance offers no guaranteed return or capital.
Your returns are determined by the performance of the funds within your contract.
Should you want or be able to invest in investment funds for a short period then this will involve a financial risk. This is because the returns from these funds are dependent on stock market fluctuations.

The risk connected to this is borne in full by you as the policyholder. This risk decreases the longer you can keep your money invested for, and depends on the funds you choose based on your investor profile.

By regularly (periodically) saving your money, you can spread your investments over time. In this way, you can mitigate the impacts of the market fluctuations that may affect funds with a higher risk profile in the short term.

About funds

With NN Strategy Branche 23 / Tak 231, you can choose from a number of renowned investment funds within an open architecture. That means you can also opt for funds from well-known fund managers alongside funds run by NN Asset Management.

You can find all the details under our Funds heading on this website.

Options for a balanced investment

With NN Strategy Branche 23 / Tak 231 you can choose a range of attractive options in order to secure all or part of your savings, limit your losses or maintain balance in your investment.

Each year, you benefit from a free switch  between funds.

Read all the details here: Options for NN Strategy funds

Talk to your broker to find out your investor profile and to determine which options are right for your investment and your profile. This is essential for you to make sensible investments.

Protection for you and your family with these extra optional forms of cover

Good financial planning also means arranging effective protection for yourself and your family. Here are a few examples of the optional risk guarantees that you can take out within your NN Strategy contract:

Optional coverage in the event of death:

  • a minimum death lump sum (fixed amount or diminishing over time)
  • an additional fixed amount on top of the payment from your savings reserve
  • an additional fixed amount for your loved ones should you die in an accident

Optional coverage in the event of disability:

  • payment of your premium by NN
  • a disability pension (replacement income) to protect your standard of living for both you and your family

Read more about the details of the protective guarantees within NN Strategy here.

Talk to your broker to find out what formula would be most appropriate for you and your situation.

Premiums and taxes

Premiums

Premiums

Periodic premiums: minimum 40 euros per month
Single premium: minimum 2,500 euros. After that, you can then make additional deposits of at least 500 euros, whenever you wish.

Availability of your savings

Your savings are available via both partial, periodic withdrawals and withdrawals at any time you like.

Taxation

Taxes on premiums:

2% for natural persons
4.4% for legal entities

No withholding tax

Taxes on premiums:

2% for natural persons
4.4% for legal entities

Costs:

Read all the details in the NN Strategy essential information document

Term of the contract

The term runs for at least 5 years, and is defined when the contract is taken out.

Goed geïnformeerd

Voor je deze verzekering onderschrijft, is het noodzakelijk om bovenstaande informatie door te nemen.

Heb je nog vragen? Je makelaar geeft je graag advies.

Bien informé

Avant de contracter cette assurance, il est nécessaire de prendre connaissance des informations ci-dessus.

Vous avez encore des questions ? Votre courtier se fera un plaisir de vous conseiller.

Exclusions and restrictions

You can find a full explanation of our segmentation policy here

For this product, the Branch 23 part is not suitable for US Persons. NN Belgium nv/SA does not act under the supervision of the American regulator SEC with regard to the Branch 23 part. Click here for more info.

Saving as a self-employed professional?

The Individual Pension Agreement (IPT) lets you accrue tax-beneficial savings for a supplementary pension.

Tax-Beneficial Long-Term Saving

No mortgage to pay off? In that case, you can build savings with a tax advantage.

Calculate and manage your inheritance costs

An inheritance insurance policy provides peace of mind.

Footnotes

  1. The management regulations of the NN Strategy Branche 23 / Tak 23 investment funds are available on www.nn.be. Only the full text of these regulations is legally valid. The financial risk of Branche 23 / Tak 23 transactions is fully borne by the policyholder. You can also request a printed copy by writing to NN, Customer Service, Avenue Fonsnylaan 38, B-1060 Brussels.