Which insurance company operating globally can give life annuity covered by lump sum upfront premium?

If you find one do tell me.
I am looking for the same.

I started below thread some time ago. May be help you

How to buy International Pension for digital Nomad Online?

https://www.offshorecorptalk.com/th...ll-inclusive-payment-for-my-whole-life.31442/

newNomad said:

Was wondering if there is any (reputable) insurance company which makes investment or life-annuity policies for individuals where you basically pay upfront a lump sum, thus having the money completely detach from the realm of own control, and then you collect annuities (perhaps inflation indexed) for X years or lifetime?

Yes lump sum annuities are available. Guaranteed amount with Inflation linking is also possible as I have one. You need to state what currency and what your lump sum is. There is lots of providers out there and I would personally only ever go with the biggest companies period!!!!

newNomad said:

Ideally the insurance agent should be able to receive the premium from any account/jurisdiction, perhaps also from a 3rd party contractor stipulating the policy having the beneficiary an another person

This is normal. The policy holder and person to be insured can be different i.e policy holder can be any offshore company and person insured is yourself. In fact I suspect the majority of these policies are done this way when it comes to higher end lump sums.

newNomad said:

Also the payment of annuities should be possible to any jurisdiction/bank country

Depends on currency of policy.

newNomad said:

And finally the company should not discriminate too much on citzenship or present residence (i.e. there are many insurance companies offering products but only to residents of a certain country;

Most countries have restrictions where there financial companies distribute financial products and countries have restrictions over which countries can distribute to them. This is not really company specific. For example a company from outside the EU cannot sell financial products into the EU without being registered there unless they acquire business from client via reverse solicitation (and that includes Swiss financial service companies selling into EU)

newNomad said:

I learned that for instance if I change the residency all my products, also those of pure risk insurance for case of death and such immediately stop to be valid and new products need be set in the jurisdiciton of the new residency. Is there anything close to GLOBAL, i.e. being a global client and don't bug me about residency

Nothing close to global. You can't live in London take out a life insurance lump sum policy then move to i.e Tehran and expect them to respect the policy. Not gonna happen period. Once policy is taken out you have a responsibility to update them on your residency when it changes. Some countries are required to apply certain withholding taxes etc as a paying agent due to DTA's with certain countries and basic KYC etc.

I do not know this help you are not but
I find one based on hong kong . May be it will help you for what are you looking for .

legacytrust.com.hk/en/
I never used them. During search I find them.

Thanks

newNomad said:

Well currency wise it can be either USD or EUR (not understood quite why so relevant).

It's very important actually as certain policies are only available in certain local currencies.

newNomad said:

The first policy could be at 100k eur paid upfront and then subsequently new additional contracts could be made with the same or even different insurers for diversification.

The terms of most policies often does not allow you to have multiple policies especially with same issuer or even underwriter. You be wise to not keep it a secret from your issuer you have multiple policies. Some have terms and conditions that reduce the payput for those with other policies. Worst case you can wait 20 years and when you want to receive payment they can rightful say you were in breach of policy and nullify it. You forget the job of an insurance company is NEVER to pay out.

newNomad said:

Which are the companies dealing this and whether this is a sufficient shield agains any possible claims from creditors in general or government agencies who might want to execute on personal property for some unpaid debt?

These policies are subject to CRS firstly. Lump sum insurance policies resemble just an investment bond in some cases. They do not offer protection against creditors. They are no longer a park your money out of your name instrument they used to be.

newNomad said:

There are also a lot of stories about EU wide enforcement i.e. if you own something to French gov and move to work in Germany they can seize your salaries or a house you bought in Germany, is this a reality?

This is normal in EU. For example if you get a speeding ticket in an EU country you visited and go back to your own EU country and ignore they can enforce it in your home country. Basically if you owe money in one EU country they can pursue you quite easily in another depending on their will power.

newNomad said:

Reverse solicitation basically means that if I am in EU I need sollicit the Swiss insurer first and then they can have me as a client correct?

Correct

newNomad said:

If instead I am not an EU resident, but let's say have residency in Macedonia then there is no problem since nothing limits Swiss companies from having 3rd country clients, right?

Correct

I would have suggested a Solitaire Wealth policy with the largest and strongest co-operative insurance provider in Singapore NTUC. However its in SGD. You also need to visit in person. They may do some USD currency policies. But 100k is nowhere near enough to make this worthwhile.

For 100k a single premium lump sum policy with MSV Life In Malta in EUR may be best. BOV bank used to sell that same policy and could hold it in trust with themselves as the beneficary hence avoiding CRS but they don't do this anymore I think for obvious reasons.

P.S Both policies I am very familiar with ;)