Bâloise Vie Luxembourg

Life insurance under the Freedom to Provide Services

Freedom to Provide Services

Established by the third European Life Directive, the purpose of the Freedom to Provide Services (FPS) regime is to create a single market in insurance.

The Directive grants all approved insurance companies. established in a member state of the European Union (EU), the benefit of a European passport allowing it to exercise its activity in all the other EU countries without having to be physically established there.

Thus a client resident in one EU country can subscribe a life insurance policy with an insurer established in another EU country. Please note that certain provisions, most notably of a legal and tax nature, must be complied with by both the subscriber and the insurer.

Consequently, the Third Life Directive has created a favourable environment for the constitution of a real European market in life insurance by giving consumers access to a much greater range of products and services to meet their particular needs.

Luxembourg has been chosen by a large number of insurers as the bridgehead for distributing their products under the FPS regime throughout the European Union, which is testimony to sound competence in the field and a highly favourable environment.

Freedom to Provide Services now represents the largest part of the Luxembourg insurance market, accounting for more than 80% of insurance premiums collected.

Read next


Because our clients are increasingly mobile, we place our experience at their...

The tax framework

A Luxembourg life insurance policy is fiscally neutral for non-residents of ...

The main principles

Luxembourg life insurance, an investment concept combining the protection of ...