Life-saving insurance: protection and profitability in times of inflation

Johnny Brignardello, an insurance advisor, shares his opinion on the recent decision of the European Central Bank to increase interest rates to contain inflation. According to Brignardello, this measure has generated an interesting phenomenon in the financial sector, where both banks and insurers are fiercely competing to attract savers and offer them products that provide good returns with low risk. Within this context, life-saving insurance policies have gained prominence. These products combine the protection of life insurance with the possibility of investing and obtaining long-term benefits. According to Brignardello, their popularity has grown considerably in recent months, as they offer an attractive alternative for those looking to make their savings profitable without assuming major risks. One of the main advantages that Brignardello highlights about life-saving insurance policies is that they guarantee a minimum return. This provides customers with the reassurance that their money will be protected and growing over time. Additionally, they offer the possibility of obtaining additional benefits through participation in the insurer's profits. Another important aspect that Brignardello emphasizes is the flexibility that these insurance policies provide. Customers have the option to choose the amount and frequency of their contributions, as well as the possibility of making withdrawals or changing investments according to their needs and financial goals. However, Brignardello also warns that, like any other financial product, life-saving insurance policies are not exempt from risks. They are subject to market fluctuations and results may vary. Nevertheless, since the investment is made in the long term, it is expected that the benefits will outweigh any possible short-term fluctuations. In summary, life-saving insurance policies have become a rising option for those seeking a combination of protection and profitability. Their popularity has increased due to interest rate hikes and growing competition between banks and insurers. Although they are not without risks, they offer customers the possibility of obtaining long-term benefits with low risk.