Custody account insurance

Shield your family from financial worries in the event of your accidental death. If you have securities in a Custody account with our bank, you can ensure that your family receives extra cash, rather than having to wait until your securities are released.

What is Custody account insurance?

Custody account insurance pays out 35% of the insured value of the account in the event of the holder (or joint holder)'s accidental death (minimum and maximum payouts apply).


The percentage of the insured value to be paid out declines progressively after the insured person reaches the age of 70. In the event of accidental death between the ages of 70 and 84 20 % of the insured value will be paid out. The rate is then reduced to 10% for people aged between 85 and 94, and 5% for people aged 95 or above.

What constitutes an accident?

An accident is deemed to be any event resulting from a sudden, chance occurence with an external cause, independent of the insured person's organism, leading directly to the person's death.

Death as the immediate consequence of a fall, a road traffic accident or drowning is equated with "accidental death".


  • Reassurance: shield your family from financial worries in the event of your accidental death.
  • Rapid payment: the beneficiaries will have rapid access to cash.
  • Forward-looking: your family will be able to pay some or all of any inheritance tax due on the assets in the Custody Account.


Get full details

  • All securities deposited in a Custody Account.
  • Pension Savings Accounts falling within the legal pension-saving framework, opened at BNP Paribas Fortis by the holder or joint holder of the Custody Account and/or his(her) spouse.
  • The Investor's Account(s) linked to the insured Custody Account, provided that the holders of both accounts are exactly the same.
  • Minimum payout of EUR 2,500 per insured Custody Account, even if the insured value of the assets concerned is less than this figure.
  • Maximum payout of EUR 62,000 per insured Custody Account.
  • Maximum payout of EUR 124,000 per insured person (if he or she holds more than one insured Custody Accounts).

The beneficiaries have rapid access to cash. This could save them, for example, from having to sell securities quickly in a potentially unfavourable market. In most cases, the cash in question will be sufficient to cover any inheritance tax payable on the assets in the Custody Account.

Custody Account Insurance costs EUR 14.80 a year (including tax) per account a small investment that offers total peace of mind.

General Terms and Conditions - applicable from 15.09.2010 (pdf, FR)

This is in reference to an AG Insurance product, distributed by BNP Paribas Fortis.


AG Insurance sa/nv – 53 boulevard Emile Jacqmain, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0404.494.849 –
Accredited insurance company licenced under code number 0079, under the supervision of the National Bank of Belgium, 14 boulevard de Berlaimont, 1000 Brussels
BNP Paribas Fortis sa/nv, 3 Montagne du Parc, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0403.199.702, registered with the FSMA under n° 25.879A and acting as a contractually appointed insurance agent on behalf of AG Insurance sa/nv.


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