Paris, 4 February 2015
Today, CNP Patrimoine, an organisation dedicated to high-net-worth clients of CNP Assurances, is launching CNP One, a new multi-instrument life insurance contract marketed by its distributing partners (private banks, family offices, independent asset-management centres and management companies). The back-office is assigned to QIS-Quality Insurance Services, a specialised platform for managing premium contracts, managed by Yves Bidel.
Specially designed to develop and diversify the capital of high-net-worth clients, CNP One, an individual life insurance policy for which the initial minimum payment is €250,000, offers a choice of multiple modes of management which may be combined, an extensive range of investments in account units and an ability to interface with several distributors and managers.
In order to best manage their capital and optimise their investment strategies, clients may opt for one or several of the three management solutions: discretionary management, independent management with advice and independent management.
For independent management, four options for automatic arbitration are offered: gradual investment, securing capital gain, relative stop loss and constant distribution.
Designed to offer protection of the invested capital and to secure its transfer, CNP One allows the client to choose, from subscription, one of four minimum guarantees in case of death: simple, indexed, ratchet or increased. With this guarantee, the beneficiary will thus receive capital at least equal to the amount of the payments made within the contract (net of fees, redemptions, and social security),whatever the situation of the financial markets. This capital may also be converted into a life annuity.
With the aim of seeking performance over the long term, and in return for taking on a certain degree of risk, CNP One offers a wide range of instruments in account units (mutual funds, REIT, real estate mutual funds, EMTN and bearer securities). This diversification can cover the entire market in terms of geographical zones, financial management procedures and business sectors. The euro-denominated support CNP PATRIMOINE EUROS provides security and annual revaluation of the invested capital. Associated with instruments in account units, this instrument can serve as a safe foundation in case of a downward trend in the financial markets.
In a few weeks, CNP One will be available in an endowment version, including PEA and PEA-PME.
"The launch of CNP One is a fundamental stage in the development of CNP Patrimoine, which will be based on the quality of service of QIS to the benefit of its selective distribution model", says Laurent Jumelle, manager of the wealth-management department of CNP Assurances.
"We are convinced that the CNP One range will be a real success in the wealth-management market, after nine months of design and configuration that we have just undergone, during which the teams pooled the very best of their expertise", says Yves Bidel, chairman of QIS-Quality Insurance Services.