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Term life insurance is a personal protection policy that provides financial protection for relatives in the event that the policyholder/member/insured dies during the policy’s term. In such circumstances, the named beneficiaries receive a lump sum or an annuity depending on the cover provided under the policy.

Assets that are not claimed under a term life insurance policy are only deposited with the Caisse des Dépôts where the policyholder/member/insured person died on or after 1 January 2015, under law no. 2014-617 of 13 June 2014 (known as the Eckert law),

If the policyholder/member/insured died before 1 January 2015, the beneficiaries must directly apply to the insurers/personal protection institutions/mutuals. The sums are not deposited with the Caisse des Dépôts.