Self-Invested with Allocation Advice

Management mode of a life insurance contract in which a professional recommends an allocation or switches. The policyholder accepts or refuses each recommendation. The professional cannot make a switch without a new approval from the policyholder. This is advice, not a switching mandate.

When the policyholder accepts no new recommendation, the allocation changes with the markets.

An allocation that the policyholder approves one time is self-invested management with allocation advice, even when its commercial name is "profile".

In the API, the management mode is self-invested.

Synonyms:

• Advised management
• Recommended allocation