What is the difference between a single-support and multi-support contract?

Life insurance is a very flexible savings tool, but there are several types of contracts adapted to different investor profiles. The main distinction is between single-support and multi-support contracts.

Monosupport contract: As its name suggests, this type of contract offers only one investment support: the fund in euros. This fund is secured and guarantees the invested capital. The interest generated is generally low, but the risk of loss is almost zero. It is therefore an ideal choice if you want to preserve your capital and benefit from a stable remuneration, even if this one is lower than that of the financial markets. The euro fund may contain a small portion of bonds and real estate, but it remains mostly secure.

Multisupport contract: This type of contract allows you to diversify your investments. It includes a secured euro fund and units of account (equities, bonds, UCITS, ETFs, SCPIs...). Units of account do not guarantee capital, but offer potential for higher returns in the long term. The investor can choose their allocation according to their risk profile: prudent, balanced or dynamic. This type of contract is particularly suitable for those who wish to grow their capital over the long term, while benefiting from the flexibility of life insurance.

Practical examples:

Marie, 35 years old, wishes to set aside €50,000 for her future projects while limiting the risks. She chooses a monosupport, prioritizing capital security and a stable return.

Julien, 40 years old, wishes to prepare his retirement and accepts a share of risk to increase his capital. He opts for a multisupport, dividing his savings between euro funds (50%) and units of account (50%), with shares and SCPI.

Why make this choice?

The monosupport is ideal for prudent investors or to place a precautionary savings.

Multisupport is more suitable for long-term objectives, such as preparing for retirement, passing on capital or diversifying assets.

Tip: To maximize the tax benefits of life insurance, it may be interesting to combine these two types of support within the same multi-support contract. Thus, part of the savings remains secure, while another can generate higher earnings.