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16 July 2014
European Reliance – A revolution in pension plans with “Private Pension System”
In a celebration meeting of all administration executives of the Sales Department – 150 Regional Managers (Coordinators) & Directors (Coordinators) of Branches – from all of Greece, the management of European Reliance announced the launching in the Greek society of a pioneering insurance commodity named “Private Pension System” as a counterpart to the Public Pension System and the well-known private insurance programs.
The main characteristics of the “Private Pension System”, offered exclusively by European Reliance, is the freedom to chose the time of retirement (even one month after issuing the policy contract ), of the pension sum, the way it is deposited as for life or for a specific term or as a lump sum, of transferring it to another beneficiary, of the increase or decrease of the offered pension depending on the financial circumstance of the insured and more.
Nevertheless, the main characteristic of the “Private Pension System” is that it doesn’t cost a thing. It works with the method of savings (pension savings) and the deposits are returned to the family of the insured in the case that he doesn’t apply for a pension due for example to the loss of life before retirement.
The company offers the “Private Pension System” through 4,500 partners all over Greece.