All and any information contained in this COMMERCIAL PUBLICATION is for information purposes only and does not constitute an offer in the meaning of the Civil Code of 23 April 1964, or a recommendation or an invitation addressed to anyone (or any group of persons whatsoever) to conclude a transaction involving the financial instruments presented herein. In particular, it does not constitute investment, financial, tax, legal or any other advice. Any investment decision should be taken on the basis of information contained in Insurance Terms and Conditions as well as the Key Information Document (KID), not on the basis of the abbreviated description provided herein. The above documents are available on the Bank’s website www.bankmillennium.pl and in the Bank’s branches.
This publication contains the position of Bank Millennium SA (“the Bank”) expressed on the basis of proprietary assessment of facts material for the Bank as well as relevant legal regulations. The Bank assures that it acted with due diligence in order that information contained herein is accurate and based on reliable sources, however it cannot guarantee that information obtained from sources outside the Bank is accurate, complete and up to date. The Bank shall not be liable for financial consequences of transactions made by the Client on financial products described herein. At the same time the Bank reserves the possibility to make changes in form as well as substance hereof, at any time and without prior notice. An investment in Program Inwestycyjny Wygodny Portfel is not protected by Banking Guarantee Fund.
The risk of using the information contained in this publication, in particular as regards making investment decisions on its basis, shall be borne solely by its recipient.
Investments in insurance of investment nature involve risk, presented in detail in the “Description of Risk Involved with Financial Instruments and Products in Bank Millennium S.A.”, available in the Bank’s branches and on its website www.bankmillennium.pl. Whoever purchases a financial product, accepts and carries responsibility for tax liabilities stemming from valid regulations. With the above risks and circumstances in mind, the Bank’s Clients should have essential knowledge and experience to assess the nature of every contemplated financial transaction as well as risks involved with it. In case of any doubts, Clients should use the services of a tax, legal or investment adviser. The Bank shall provide any and all additional information, which the Client reasonably requests, to enable him to evaluate risks and nature of the transaction.
Dissemination and distribution of certain financial instruments or products as well as trading in them should be subject to restrictions with respect to certain persons and states; it is for the Client to demonstrate legal capacity or eligibility for investing in a particular financial instrument. Offering financial instruments and trading in them may be made only in compliance with relevant legal regulations.
Investing in Insurance Capital Funds involves risk of a loss as well as the obligation to pay handling fees and income tax. The funds do not guarantee attainment of the investment aim or a specific investment result.
Information about insurance agent provided by the Bank under the Act of 15 December 2017 on Distribution of Insurance (Journal of Laws 2017 item 2486 as amended) and is available in the Bank’s branches and on its website www.bankmillennium.pl.
In case of announcement of bankruptcy of the insurance company or dismissal of a petition to announce bankruptcy of the insurance company or quashing bankruptcy proceedings, if the debtor’s assets obviously do not suffice even to satisfy costs of the bankruptcy proceedings or in case of ordering compulsory liquidation of the insurance company, if claims of eligible persons cannot be covered from assets covering technical provisions, satisfaction of claims of persons eligible under life insurance agreements is one of the tasks of the Insurance Guarantee Fund under principles and terms specified in the Act of 22 May 2003 on compulsory insurance, the Insurance Guarantee Fund and Polish Motor Insurers' Bureau (Journal of Laws from 2013 item 392 as amended). The Insurance Guarantee Fund protects benefits up to 50% of the amount receivable, up to no more than the equivalent in zloty of 30 000 euro at the average rate announced by NBP, valid on the day of announcement of bankruptcy or of quashing the bankruptcy proceedings, or on the day of ordering compulsory liquidation.