PACTE and the internal portability of life insurance policies: what strategy to adopt?


Investment Banking


Regulatory And Compliance


The total transferability of life insurance policies between insurers was ultimately rejected by Parliament in favour of a simple internal portability of policies within the same insurer.

The temptation is great to see this partial portability as a simple technical provision with little impact on the insurer, who would retain the possibility of using certain criteria to limit the movement of funds (e.g. entry fees).

However, contrary to a movement at the exclusive initiative of the client, a portability promoted and supervised by the insurer is likely to bring benefits that are far from negligible: simplification of the range, enhancement of the options of the most recent contracts – and therefore of self-care -, increase in the rate of unit-linked products on contracts not eligible for Fourgous…

It is therefore essential that the transfer of contracts be anticipated by the insurer itself on the basis of a controlled plan, and not passively undergone as a result of customer requests.


Henri O'Quin

Senior Manager - Wealth Management

Related publications


The PACTE Law has tightened the obligations of the ECKERT Law on unclaimed contracts: The time for sanctions has arrived!

  • Insurance
  • Regulatory And Compliance
  • Uncategorized

Four years after the Eckert Law, the Pact Law has tightened up the regulations by introducing late penalties if the deadline for contacting life insurance beneficiaries is exceeded. While one might have thought that this tightening up would only require a few adjustments to the processes already in