Tax advantage

Your insurance premiums will be tax deductible (under the terms of article 111 LIR) if you make a tax declaration in Luxembourg.

There is a special feature for debt balance insurance contracts with a 'single' premium (everything paid at once), which benefit from an advantageous Luxembourg tax regime.

The maximum deductible ceiling is in fact increased by a relatively large amount depending on your age and family situation.

For periodic premiums, the deductible amount is 672€ per person in the household.

Please refer to the table below in order to evaluate the deductible amount for 'single' premiums that you could benefit from: