Any information contained in this COMMERCIAL PUBLICATION has merely an informative nature and does not constitute an offer or recommendation or an invitation directed to anyone (or to any group of persons) to conclude a transaction on financial instruments presented in it. In particular, information contained in this publication does not constitute an offer within the meaning of the Act of 23 April 1964 - Civil Code and is not a service of investment, financial, tax, legal or any other advice. Any investment decision should be taken on the basis of information contained in the General Terms of Insurance, and not on the basis of a short description contained in this publication. The General Terms of Insurance are available from the Bank’s outlet and from www.bankmillennium.pl.
This publication contains the position of Bank Millennium SA („Bank”) expressed on the basis of own assessment of the facts important for the Bank and suitable provisions of law. The Bank assures that it exercised due diligence to make the information included in this publication fair and true, and based on authoritative sources, but it cannot guarantee the fairness, completeness or current nature of information obtained from sources from outside the Bank. The Bank shall not be responsible for financial consequences of the client’s performing of a transaction on financial instruments described in this publication. At the same time the Bank reserves the possibility of changes both in the form and content of this publication, at any time and without notice. The investment in Program Inwestycyjny Wygodny Portfel is not covered by the guarantee by the Bank Guarantee Fund.
The risk of using information included in this publication, especially for taking investment decisions on its basis, shall be borne exclusively by its recipient.
Investments into insurance of an investment nature are connected with risk presented in detail in the „Description of the risk connected with financial instruments and products at Bank Millennium S.A.”, available from the branches and on the Bank’s www.bankmillennium.pl website. Anyone who buys a financial instrument assumes and bears liability under tax obligations resulting from binding regulations. In view of the above risks and circumstances the Bank’s clients should have the necessary knowledge and experience in order to assess the character of every considered financial transaction and risk connected with it. Should there be any doubts, the Clients should use the services of a tax, legal or investment advisor. The Bank shall transfer all the additional information for which the client reasonably applied in order to enable to him the assessment of risk and nature of the transaction.
The Client’s conclusion of a transaction on instruments and financial products is the basis for recognising that the Client has familiarised himself with the conditions of the transaction and related risks and accepted them.
The dissemination and distribution of certain instruments or financial products and trading in them can be subject to restrictions with respect to certain persons and states, in accordance with appropriate legislation. It is up to the client to demonstrate the legal capacity and rights to invest in a given financial instrument. The offering of financial instruments and trading in them can be performed only in compliance with appropriate legal regulations.
Information contained in this publication shall be made available to the exclusive knowledge of its recipient. The recipient is not entitled to copy or transfer the information and make it available to third parties in any other way, either in full or in part (apart from transferring it to its professional advisors) without the Bank’s prior written consent.
Investing in Insurance Capital Funds is connected with the risk of incurring a loss, also with the obligation of paying fees and the income tax. Funds do not guarantee the achievement of the investment objective or a specific investment outcome.
Information pertaining to the insurance intermediary obligatorily transferred by the Bank on the basis of art. 4a of the Act of 22 May 2003 about insurance mediation (Dz. U. no 124, item. 1154, as later amended) is available at the Bank’s branches or on the www.bankmillennium.pl website.
In the event of declaring bankruptcy of the insurance company or dismissing a petition for bankruptcy of the insurance company or cancellation of bankruptcy proceedings, or if the assets of the debtor are obviously insufficient even for meeting the costs of bankruptcy proceedings or in the case of ordering a compulsory liquidation of the insurance company, if the claims of authorised persons cannot be covered out of assets constituting the coverage of technical-insurance reserves, the coverage of claims of the persons eligible under life insurance agreements belongs to the tasks of the Insurance Guarantee Fund upon the principles and terms specified in the Act of 22 May 2003 on Obligatory Insurance, Insurance Guarantee Fund and Polish Transport Insurers Office (Dz. U. of 2013 item. 392 as later amended). The Insurance Guarantee Fund guarantees benefits up to the level of 50% of the receivable, up to the amount no bigger than the zloty equivalent of 30 000 euros according to the average rate published by the NBP, as of the day of declaring bankruptcy, dismissing a petition for bankruptcy or cancelling a bankruptcy procedure or on the day of ordering compulsory liquidation.