Insuring individuals
CNP assurances is a subsidiary of Caisse des Dépôts and has been insuring individuals for 150 years. It now helps 24 million people around the world to protect themselves against the vagaries of life. A leader in the French market, it offers individuals a complete range of savings, retirement pension and contingency products.
With increasing life expectancy, and faced with the uncertainties which are affecting the social protection schemes established in the wake of the second world war, a growing number of people are taking out insurance products. They allow people to save, improve their retirement and protect themselves against the risks of life: incapacity, invalidity and of course death.
It is to support them that CNP Assurances offers a wide range of products and services, anticipating their requirements and responding to their needs, whether for individual or group premium insurance.
A strategy for long-term partnerships
CNP Assurances markets its individual premium insurance projects via two large partners, La Banque Postale and Caisses d'Epargne (nearly 20,000 outlets in France) and via the CNP Trésor network (over 300 consultants). In the area of group insurance, CNP Assurances has partnerships with over 200 financial institutions, 20,000 local authorities and hospitals, 4,000 companies and many associations. CNP Assurances is also a longstanding partner of mutual associations. Internationally, CNP Assurances works with 4,000 branches of the Caixa Economica Federal in Brazil, 2,000 branches of the 2nd largest Italian banking group UniCredit, a network of several savings banks in Spain and the Marfin Popular Bank network in Greece and Cyprus.
- Life insurance savings are the most popular type of investment in France. Thanks to medium- or long-term life insurance, the insured party has access to a highly flexible product to build up or pass on capital, fund a project or improve his or her quality of life. Vivaccio, Cachemire, Horizon performance, Nuances plus, Yoga, Aïkido, CNP Trésor Projets and Génération are all products which satisfy users' insurance needs.
- Retirement products are aimed at private individuals and companies, for which the subsidiary of Caisse des Dépôts is a valued partner. CNP Assurances manages the Préfon schemes aimed at civil servants and Fonpel, the retirement fund for local elected representatives. The CNP Group also has solid experience in the area of life annuities.
In 2004, new individual and group premium insurance products, developed as a result of the 2003 retirement pension reforms, were added to the range. These products include the Popular Retirement Savings Plan (PERP), which is governed by a specific tax system.
- CNP Assurances' range of contingency products is very comprehensive: Complementary health insurance, death, invalidity or incapacity insurance, insurance against the loss of independence, funeral insurance cover and loan protection insurance. CNP Assurances is a leader in loan protection insurance, which makes it easier to access credit and avoids the seizure of a real estate property in the event of the death or invalidity of the insured party. CNP Assurances is also the leading player in collective dependency. Finally, CNP Assurances has added to its range of financial products with a range of services in kind and prevention services offered via its specialist individual assistance brands.
