Design options in the business sector: the cross insurance through Liechtenstein life insurance the death of a fellow entrepreneur or business partner raises usually unforeseeable financial consequences. Without appropriate preventive / the remaining fellow entrepreneurs have to deal with the community of heirs of the deceased, the company can run into liquidity difficulties or it faces operational uncertainties. Such risks can be hedged with tailored life insurance strategies. They require but a corresponding planning and – to improve tax – also of the understanding of role-playing between the policyholder, the insured persons and the rightful claimants. Just so-called private insuring models using life insurance in Liechtenstein have not only because of the tax benefits but in particular also because of individual design possibilities in terms of personal protection, estate planning and wealth transfer especially proven.
The PMS AG headquartered in Mauren/Liechtenstein has specialized in this field and works only with reputable insurance partners. Also due to the now established legal certainty by the German tax legislation, these intelligent insurance solutions of again very popular enjoy. Fellow entrepreneur of partnerships, shareholders of corporations but also other business partners hedge each other in many cases by means of a cross insurance for the event of death of the other. The reasons for this are manifold. For one, the insurance benefit for the acquisition of the shares of the deceased whose heirs with contractor is intended. On the other hand liquidity difficulties arise, which is considered to be bridged; Here, the benefits from a life insurance policy paid to other entrepreneurs at the death of the operator and help mitigate the short – and medium-term liquidity bottlenecks. Cross insurance as optimal tax optimization strategy, with entrepreneurs as policyholders and eligible person complete a life insurance policy on the different partners as insured persons. The death occurs B as the insured of the insurance policy of A partner dies so receives the death benefit from his own police A inheritance – and income-tax.