We are part of the Helvetia Baloise Group
DE FR
MyBaloise Link öffnet in einem neuen Tab
My money and my future

Insurance, savings, retirement: meaningful resolutions to embrace from January

January 8, 2026
January is often a time for fresh starts and good intentions. It’s also the perfect opportunity to adopt new habits – including how you approach insurance. Whether you're looking to simplify your daily life, manage your budget more effectively or plan for the future, here are a few ways to turn those good intentions into real action.
Reviewing my contracts: helpful and reassuring

Your circumstances may have changed – a new job, a child, a property purchase or a new car. Each of these events could affect your insurance needs.

A good habit: book a yearly check-in with your agent to make sure your cover still matches your situation.

For example, does your home insurance still reflect the real value of your assets? Have you installed solar panels or added a garden shed? Let your agent know and update your policy accordingly.

Updating my personal details

Moved house? Changed bank? Acquired a valuable item? A change in family situation? January is a good time to update your records:

  • Bank details (IBAN)
  • Home address
  • Life insurance beneficiaries (after marriage, birth, separation…)
  • Current value of insured items
Simplifying my life with myBaloise
Reporting claims online

The myBaloise app makes managing your insurance easier. Did you know you can report car or home claims online, 24/7? No more waiting for opening hours or chasing phone calls. You can provide all the necessary information directly from your smartphone in just a few minutes.

With this digital tool, simply upload photos of the damage, fill in the required fields, and track the progress of your claim in real time. The intuitive interface guides you step by step, helping you avoid missing any important details.

Your claim is sent directly to Baloise teams for faster processing. It’s a practical way to cut through admin and take care of things wherever you are.

Accessing all important documents via myBaloise

Your myBaloise account keeps all your insurance paperwork in one secure place:

  • Contracts
  • Insurance certificates
  • Premium certificates
  • Payment receipts
  • Motor insurance certificate (green card)

Everything’s accessible from your phone or tablet, ready to download whenever needed. No more searching through drawers or calling your agent for duplicates.

Planning for my child’s future with Kid’s Plan

Welcomed a new member to the family? You might not know there’s a life insurance product designed to help you start saving for your child right from birth.

The earlier you begin, the more you’ll empower them to follow their dreams. Baloise’s Kid’s Plan offers long-term savings for education, a driving licence, a year abroad, or a first home.

It comes with several benefits:

  • Flexible, secure savings to suit your budget
  • Tax advantages in Luxembourg (deductions from €672 on income declarations)
  • Full parental control over the capital until adulthood – unlike regular savings accounts

From day one, every contribution matters. It’s a simple, thoughtful and practical choice.

Planning for retirement with Pension Plan

Among your useful resolutions, why not consider a pension savings plan? In Luxembourg, this type of life insurance helps you build up retirement capital while enjoying tax benefits.

From 1 January 2026, you can deduct up to €4,500 per year, per person, from your taxable income (article 111bis LIR), whatever your age or family status.

It’s a safe option, ideal for residents and cross-border workers alike – a smart way to prepare for tomorrow while easing your tax load today.

Already have a plan in place? Consider adjusting your monthly contributions at the start of the year.

Starting the year with the right insurance cover, a balanced budget and solid savings plans is a tangible way to take care of yourself and your loved ones. Your agent is here to support you through every step.

Frequently Asked Questions
Why review insurance policies at the start of the year?

January is the ideal time to check if your cover still fits your current lifestyle. Your possessions might have changed, your driving habits may be different, or your job situation might have evolved.

This review helps identify gaps in cover before an incident occurs. An ageing car might need revised coverage, or a house move might require a reassessment of geographic risks.

Insurance evolves constantly, with new products  or options tailored to your lifestyle. Your agent can help you explore what’s new.

 

What is the pension savings plan in Luxembourg?

This is a retirement-focused life insurance policy offered by an authorised insurer in Luxembourg. It belongs to the third pillar and helps build up capital or an additional pension, accessible from age 60.
Annual contributions are tax-deductible up to €4,500, and the savings are invested according to your risk profile.

How to update personal data?

Contact your Baloise agent by phone or online via your client portal to update your details. You can also visit a branch with relevant documents (change of address, family status, occupation). This helps keep your contracts accurate and your rights protected under GDPR.

Can I group my insurance policies with one insurer?

Yes, centralising your contracts with a single insurer is entirely possible and recommended. This approach greatly simplifies administrative management by providing you with a single point of contact for all your needs. You avoid duplicate coverage and facilitate the processing of claims involving multiple policies, while streamlining your procedures when your personal circumstances change.

Insurance, savings, retirement: meaningful resolutions to embrace from January