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Alba Iulia
Thursday, April 2, 2020

Life insurance: these savers pushed to the stock market just before the crash

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Savers may already be biting their fingers. Just before the coronavirus pandemic do not unscrew the scholarships , many French people have agreed to expose themselves to the ups and downs of the financial markets by placing their money on a life insurance contract in units of account (UC), invested in equities.

Thus, in February, 39% of gross inflows on life insurance (which totaled 11.1 billion euros) went to account units, according to the latest figures from the French Insurance Federation (FFA). This is slightly less than what was observed at the end of last year, but this level remains very high compared to that recorded in recent years. Deducted from the benefits paid, net life insurance inflows amounted to 1.4 billion euros over the month.

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