Giving back to society is central to the Swiss Life approach. As a provider of insurance and pension services, we support people so they can live according to their own choices. For many of our clients, charitable contributions are extremely important. That is why we have made sure our life insurance is a real solution for those wanting to support organisations that align with their values.
A powerful legacy
Charitable donations are a way for high-net-worth individuals to thank and help a society that has enabled them to thrive. They may want to help people realise their full potential, recognising the barriers that prevent others from enjoying success. For some individuals, a particular cause is important to them and they would like to leave a lasting legacy.
High-net-worth individuals are often able to donate assets with a large value, which can make a significant difference to organisations. It is understandable why some feel a responsibility to give back. We are here to make the process straightforward and flexible.
Estate planning paves the way for philanthropic donations
As well as catering for families and loved ones, succession planning is an opportunity to conclude a lifetime of service with a significant contribution to society. People leaving a high amount of capital may set up a charitable trust. Others simply use their will to designate a share of their estate to charity.
Life insurance products are another way to leave a substantial gift. There may be the option to choose a charity as a beneficiary. Just this year, we went one step further and launched a variable universal life (VUL) solution. This form of insurance generates additional capital, which our clients can use to donate to charities and support humanitarian projects.
Maximising flexibility and choice
The contribution any individual makes is a personal and important decision. No matter how much they would like to donate or in what form, we have built maximum flexibility into our products to enable people to leave gifts of their choosing. It means our clients can support the next generation as well as contribute to a good cause.
It is a formal agreement, so individuals can be confident their requests are met.
A VUL contract has another layer of flexibility. The additional liquidity the solution can offer allows clients to also select an organisation to receive capital generated from the product, while also catering for beneficiaries of their death benefits.
Giving back is a value we share with our clients
Our work enables people to live their choices with confidence. It is important that we extend this support to communities, to help others lead a self-determined life.
That is why we back initiatives in Switzerland, France and Germany, across the fields of health, science, education, culture and sport. In particular, we focus on empowering integration.
To give an example of where our support goes, since 2013, we have assisted in funding foundations that help children and their families in the fight against cancer. Each year, our employees organise a rock concert in Luxembourg to raise funds for the foundations. So far, the concerts have raised over €130,000.
Speak to Swiss Life today
We embrace the sense of responsibility to support those in society who may need relief or a new platform to thrive. To find out more about how we can help you plan your choices with charitable giving in mind, contact us today privatewealth@swisslife.com.
Additional information
Life insurance products are another way to leave a substantial gift. There may be the option to choose a charity as a beneficiary. Just this year, we went one step further and launched a variable universal life (VUL) solution. This form of insurance generates additional capital, which our clients can use to donate to charities and support humanitarian projects.