Health is wealth so that they say and each person should prepare financially and emotionally for the likelihood of any health problems which will come his way at any time within the future. People say the sole things certain in life are taxes and death. Perhaps, illness should even be included therein list because everyone can get sick at any time.

A person will only realize the importance of preparing for the likelihood of health problems when he's already afflicted with an ailment, and he has not prepared for it financially. When that point comes, the diseased person is faced not only with pressing health problems but with unpaid bills also.

The French government is expecting (in early March) a report on long-term savings. Asked on the subject, this Thursday, the Minister of Economy Pierre Moscovici, said he does not intend to "wreck" life insurance. He pointed out that the authorities want to direct savings towards long-term investments, equity investments and also real estate.
As a reminder, the minister delegate to the budget, Mr. Cahuzac has mentioned provisions encouraging part of the financial savings to invest in the real estate sector counting only on "tens of billions of euros".

Last Friday, Francois Hollande announced his intention to "appeal to institutional investors, all that is life insurance, so that there is a better direction of savings to make real estate."

Life insurance can indirectly help real estate by providing financial security to individuals and their families, which can increase their ability to invest in real estate. Here are a few ways life insurance can help:

Mortgage protection: Life insurance can help pay off a mortgage in the event of the policyholder's death. This can provide financial security to the policyholder's family and help them avoid foreclosure, which can be beneficial to both the family and the lender.

Estate planning: Life insurance can be used as a tool in estate planning to provide liquidity to pay for estate taxes or other expenses. This can help ensure that real estate assets can be passed down to heirs without having to be sold off to pay for taxes or other expenses.

Business planning: Life insurance can be used to fund a buy-sell agreement for business partners who co-own real estate. This can help ensure that if one partner dies, the other partner can buy out their share of the property without having to sell the property to a third party.

Overall, life insurance can help provide financial stability and security to individuals and their families, which can in turn increase their ability to invest in real estate.

Money placed in life insurance contracts is not as secure as one might think. There are 4 ways to dispose of your savings: total buyback, partial withdrawal, advance and pledge.

Total surrender of his life insurance policy

The total purchase must be included in the terms and conditions of a life insurance policy. It puts a definitive end to the contract. Only the subscriber may request it at any time during the term of the contract (except in the case of acceptance and except in certain cases) and he receives the value acquired under management. This value, if it is increased by capital gains, is taxable. A contract bought back can not be reopened.