In April, 2004 in the countries of the European Union
essential changes in the Law on life insurance, and
also changes in the field of regulation of investments
have been accepted. The European participants of the
insurance and investment market have immediately reacted
to changes, having developed the new market models meeting
modern requirements and corresponding legal base.
To one of cardinal changes became carry of costs
on service of each concrete contract on shoulders
of the client. As a result fine investors have
been compelled to be united in larger organizations
including the associations, capable to provide low
costs on servicing, and on the basis of collective
agreements to give more favorable conditions:
reduction in tariffs, increase in profitableness
as under savings, pension, insurance and investment programs.
Uniting in associations has allowed the small investors
to enter the professional markets on which there were
only professional participants (banks, brokers, the
investment and insurance companies) earlier.
Association "Evrolife" is brought in the
register of the individual enterprises,
societies and legal entities on January, 24th, 2005.
The Association is created without the purposes of
reception of profit. According to the recited activity the
Association "Evrolife"
enables the members to take part in competitive
financial programs. According to authorized activity the
Association strictly carries out assignments of the members,
provides full information support, spends consultations and
many other things.
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