How good is Liechtenstein Life as a company?
From
Seamus Wolf
Liechtenstein Life
Overall
3.5
Summary
Liechtenstein Life is a very young life insurance company founded in 2008. It is based in Ruggell and offers fund-based pension plans. In 2019 Liechtenstein Life won the negative award “Versicherungskäse” (German for “Insurance cheese”) for one of their products. The company is known for offering plans with uncommon commission models and typically uses high fees for assets under management as opposed to fees upfront. Advisors that offer this product oftentimes use factoring to get their money.
Pros
Very large fund selection
Client funds are secured
Cons
High fee on assets under management
Jurisdiction in Liechtenstein
Young company
Negative track record
