1. The Intelligent Insurer
Nucleus Life AG
The Intelligent Insurer
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Nucleus Life AG – January 2012

2. Overview The current environment Solutions Nucleus Life AG
Liechtenstein
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3. The current environment
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Nucleus Life AG

4. The current environment
Pressure on banking secrecy, client data
Trusts, foundations, offshore companies under attack
Traditional tax havens under attack
EU withholding tax on savings
Lack of transparency
High charges
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5. Solutions required Asset Protection
Flexible investment and planning solutions
Tax optimisation (not avoidance)
Efficient and flexible estate planning
Compliant solutions
Transparency
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6. Tax Planning
Not tax avoidance - simply avoiding paying tax that will not arise if an investment is made using fully legal and compliant structures aimed at optimising tax.
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7. Solutions
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Nucleus Life AG

8. Nucleus Insurance Solutions
Nucleus Fund Life (DE, AT, CH, BE, IT)
Nucleus Portfolio Bond (International)
Nucleus Asset Protector (International)
Customised solutions
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9. Nucleus Asset Protector
Free choice of assets, custodian and asset manager
Wide range of assets incl. non-listed and physical assets such as property and gold (country specific)
Tax free accumulation of all income and gains
No capital gains tax
Choice of custodian bank
Choice of asset manager
Single premium as low as €250‘000
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10. Nucleus Portfolio Bond
International solutions
Free choice of funds
Tax free accumulation of all income and gains
No capital gains tax
Choice of custodian bank for premiums > €100‘000
Single premium as low as €25‘000
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11. Nucleus Fund Life Special fund choice UCIT III funds and ETFs
Tax free accumulation of all income and gains
No capital gains tax
Single premium as low as €10‘000
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12. NUCLEUS FUND LIFE NUCLEUS ASSET PROTECTOR NUCLEUS PORTFOLIO BOND
2nd FLOOR
NUCLEUS PORTFOLIO BOND
1st FLOOR
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NUCLEUS FUND LIFE
GROUND FLOOR
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13. NUCLEUS FUND LIFE NUCLEUS ASSET PROTECTOR NUCLEUS PORTFOLIO BOND
2nd FLOOR
NUCLEUS PORTFOLIO BOND
NUCLEUS PORTFOLIO BOND
1st FLOOR
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NUCLEUS FUND LIFE
GROUND FLOOR
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14. NUCLEUS FUND LIFE NUCLEUS ASSET PROTECTOR NUCLEUS ASSET PROTECTOR
2nd FLOOR
NUCLEUS PORTFOLIO BOND
1st FLOOR
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NUCLEUS FUND LIFE
GROUND FLOOR
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15. Asset Protector: key advantages
Investment Extreme flexibility in choice of investments (real estate, unlisted securities, physical gold, other assets e.g. yacht or an art collection) Inheritance planning The policy (underlying assets) does not fall into the policyholder’s estate in event of death of the (last) insured person Structuring Beneficiaries may be added and/or changed while multiple lives assured ensure continuity Asset Protection 1 Protection in event of insolvency of the policyholder (depends on country) Asset Protection 2 Protection in event of insolvency of life insurer – policyholder assets form a separate estate (regulated by law) Tax optimisation No tax payable within policy – deferment of taxable event (can vary according to domicile of policyholder)
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16. Asset Protector vs bank account
Same as bank:
Possible to retain the same custodian bank
Possible to retain the same asset manager and investment strategy
Better than a bank:
No EU withholding tax in Asset Protector
No tax on interest and dividends
Optimisation / deferment inheritance tax
Assets protected in event of insolvency of policyholder
Better structuring possibilities (beneficiaries)
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17. Life Insurance vs Trust
Exact same benefits as a Trust, just cheaper and more flexible:
Application form (Trust foundation documents)
Policy document (Trust Deed / By-Laws)
Policyholder nominates the beneficiaries (Board of the Trust)
Surrender of policy (liquidation of the Trust)
Policy can be pledged as security against a loan (not possible with a Trust)
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18. Nucleus Insurance Solutions
Create your own product – we can help you to:
Set up your own fund
Create your own bespoke product
White labeling possible
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19. Nucleus Life AG
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Nucleus Life AG

20. Nucleus Life AG Established in 2004 as niche player
Cross-border specialist
Compliant products DE, AT, BE, IT, International
Languages: English, German, Italian, French, Dutch
Shareholders:
Nucleus & Associates (Luxembourg)
Fork Capital (Belgium)
Plenum Holdings (Switzerland)
Strong – combined AuM > €1bn
Know-how – all active in insurance & distribution
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21. Liechtenstein
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Nucleus Life AG

22. Liechtenstein Stable: AAA-credit rating
European standards: member of the EEA
Cross-border market: freedom to provide services in EU / CH
Modern legislation: flexible insurance solutions
Strong regulator: European standards
Currency: Swiss Franc (CHF)
Capital: Vaduz
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23. Liechtenstein - Security
Art 59a of the Liechtenstein Insurance Act states that in event of insolvency of a life insurer, policyholder assets shall form a separate estate in accordance with the Art 45 of the Insolvency Act. In event of insolvency of a life insurer all policyholder assests are therefore fully protected from creditors.
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24. Contact us
Austria, Germany, Switzerland Dr Bruno Geissmann: tel Belgium Jane Verblydt: tel Italy Simone Lenherr: tel International David Swanepoel: tel
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25. Nucleus Life AG Contact Slide Bangarten 10 FL-9490 Vaduz Liechtenstein
Tel  
Fax 
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Nucleus Life AG