With a Branch 23 life insurance policy, you can save at your own pace, with the potential of receiving a high return. Your money remains available and you enjoy the benefits associated with a life insurance policy.
Save with the flexibility of a life insurance policy
Possible high return in the long term
Regular saving possible, from 40 euro per month
NN Strategy free savings is a Branch 23 life insurance policy that allows you to save at your own pace to achieve a potentially high return in the longer term. Your money remains available and there are also the benefits attached to a life insurance policy. NN Strategy free savings is aimed at customers looking to invest for at least 5 years. The policy provides a payout if the policyholder lives or dies.
More details are available in the Essential Information document, the document with additional pre-contractual information and the Management Regulations.
When taking out the cover, the policyholder must be a minimum of 18 and a maximum of 85 years and 364 days old. The policyholder's legal place of residence must be in Belgium. The retail investor targeted must have knowledge of and experience with a Branch 23 life insurance policy and be able to sustain the loss of the investment (capital). NN Strategy free savings is aimed at customers looking to invest for at least 5 years. NN Strategy provides a payout if the policyholder lives or dies.
NN Strategy is not subject to the regulations of the United States of America (USA) regarding the trading of securities, nor to the supervision of the US financial regulator, Securities and Exchange Commission (SEC). For this reason, transactions linked to investment funds (Branch 23 products and cover) are not suitable or intended for individuals who may be qualified as a "US Person" in the broad sense. Click here for more information.
Your premiums are invested in investment funds. This gives you the possible long-term prospect of a potentially high return.
With NN Strategy Branch 23, you can elect to take attractive options for safeguarding (part of) your savings, limit any losses or maintain a balance in your investment.
Each year, you benefit from a free switch between funds.
Read all about it in: Options for NN Strategy funds
Determine with your broker what your investor profile is and what options are of interest for your investment and your profile. This is essential for investing sensibly.
Discuss your investor profile with your broker. This is essential for investing sensibly.
With NN Strategy Branch 23 you have the choice of various investment funds, within an open architecture. In addition to NN Asset Management funds, you can also invest in the funds of other known fund managers.
Want to know more? -> Read our section on Funds on this website.
Each Branch 23 investment fund, depending on its nature and the type of assets in which it invests, belongs to a specific risk class on a scale from 1 to 7 (where class 7 represents the highest risk). This class of risk reflects the volatility of the fund, i.e. the potential ups and downs of its net asset value. The risk class of a fund may change over time.
Below is a list of the most important Branch 23 risks. For a more detailed overview, please refer to the respective information sheets per fund available on the websites of the underlying funds.
- Counterparty risk: The underlying fund may incur a loss in the event that the counterparty is unable to meet its contractual obligations.
- Settlement risk: Certain securities may become difficult to sell in the short term or must be sold at a loss at a certain point in time.
- Management risk: During abnormal market movements, the usual management techniques of an investment fund may prove inefficient or unfavourable.
- Risk due to deviating instruments: Certain deviating instruments may increase the volatility of the underlying fund or expose its composition to losses greater than the price of these deviating instruments.
- Operational risks: In all markets, particularly new markets, underlying funds may lose some or all of their capital as a result of asset mismanagement, fraud, corruption, political movements or other undesirable events.
These rules apply in accordance with current tax legislation and are subject to change in the future.
In the event of changes to the tax rules, NN Insurance Belgium nv cannot be held liable for the consequences.
Tax treatment depends on the individual situation of the customer and may change in the future.
Wherever reference is made to a tax system or regime, this needs to be understood as the tax system or regime that applies to an average retail customer living in Belgium in the capacity of a natural person (private individual).
- Periodic premium: minimum 40 euro per month
- One-off premium: minimum of 2500 euro. After that you are free to make additional payments of 500 euro or more.
One-off charges:
Running charges:
Track your policy wherever you are in the NN Connect-app
It is necessary to read the Essential Information Document & Document Other Pre-contractual Information before purchasing, subscribing, accepting, signing or opening an NN Strategy contract;
You will find the pre-contractual documents that apply prior to 14th January 2020 under legal documents.
Any other questions? Your broker will be happy to advise you.
If you have a complaint about your NN policy, please contact NN, Quality Team, 38 Fonsnylaan, 1060 Brussels. Send an e-mail in the first instance to klachten@nn.be. Or contact the Consumer Ombudsman Service at the Insurance Ombudsman, 35 de Meeûssquare, 1000 Brussels. Tel: +32(0)2 547 58 71, fax: +32(0)2 547 59 75, info@ombudsman.as, www.ombudsman.as. It is also possible at all times to take legal action.
