Life-insurance contracts
Life-insurance contracts: plan value and surrender value, side by side.
Plan value and surrender value side by side, never added together.
Built and tested; not yet seen on real data.
Features
One register
Property, funds, companies, art, vehicles, bank accounts and debt in one place.
Your share of each
Every holding keeps its own currency and is shown at the share you own.
Sources you can check
Open a figure to see how it was made and where it came from.
How it works
- 01
Record the contract
Add the policy, its currency and its fund lines with units and prices. A fund held in another currency inside the plan is converted into the plan's currency.
- 02
Enter the provider's figures, with their dates
Type the plan value and the surrender value from the statement, each with its date. Premiums, partial surrenders, charges and bonuses go in a dated list of cash flows.
- 03
Choose what counts
By default the plan value counts in net worth. You can switch to the surrender value. Never both, and never their sum.
- 04
Read the gap
The gain against contributions, the loss on surrender if there is one, and the provider's own adjustment between the fund lines and the plan value are shown, not hidden.
What it does not do yet
- 01
Eligibility is not checked.
Opes does not check which supports a contract allows, or the legal caps on some categories. Only the insurer's list answers that.
- 02
A gain is a difference, not a return.
The gain against contributions does not use the dates of the premiums, so it is not a time-weighted performance.
- 03
A sale is not a trade inside a wrapper.
A sale cannot be typed as a trade there. A switch or a partial surrender is recorded as a cash flow.
Verifiable
What is in place, stated plainly.
- 01Signing in with a password needs a second step: an authenticator app or a passkey.
- 02Each person's records are separated from everyone else's at database level.
- 03Shares, advisors and the AI connector are read-only.
- 04Each headline figure says where it comes from: calculated, a price feed, a document, or typed by you.
- 05No independent audit yet. See what is and is not in place.
A common question
Does it connect to my bank?
Not yet. You upload statements or type figures, and confirm a preview.
Who can see my data?
You, and only the people you share with, read-only. Opes is not end-to-end encrypted, so Opes can read stored data to total it and read statements. Opes does not sell your data.
Is there a free plan?
Yes. Free covers accounts, holdings, property and goals, with no card. Paid levels open later.