UBI Banca, in collaboration with insurance partners Aviva, Lombard Life e BAP Life e pension, launched the innovative Multiramo, Twin Selection and Twin Top Selection life policies, dedicated to Retail and Top Private customers. Both products meet the requirements of the Mifid 2, entered into force this year, and anticipate what is required by the soon to be activated IDD regulation.
Twin Selection and Twin Top Selection integrate investment and protection solutions, thus combining the traditional "life and pension" component with the "protection and safeguarding of the person and the family unit" component. Customers will have access to a medium-long term solution that offers the possibility of investing, with different combinations, between separate management (branch I) and unit-linked (branch III), being able to choose how much to allocate based on their risk appetite and within the identified time horizon, thanks to the support of the relevant UBI Banca consultant.
“These new investment solutions – comments Rossella Leidi, Chief Wealth and Welfare Officer of UBI Banca – have been developed in line with our Global Advisory approach to our clients on their financial and non-financial assets, to support overall planning for own and of the entire family nucleus, in the various phases of the life cycle”.
The two policies combine a comprehensive protection offer with the multi-class component, which makes it possible to purchase additional insurance coverage to cover events that can suddenly transform one's daily needs (e.g. serious illness, lack of self-sufficiency or death).
According to what emerges from a recent analysis by GfK Italia (Multifinanziaria Retail Market 06/2017), in fact, 52% of households that save "put money aside to deal with emergencies and unforeseen events", locking up a part of the of their savings that could be used elsewhere. Furthermore, according to recent studies (Aviva Consumer Attitudes Survey 2017), the insurance policy as a preventive financial instrument is still today little considered and evaluated in the investment choices of Italians: in relation to cases of "serious illnesses" only 6 Italians out of 100 activated with dedicated solutions.
Rossella leydi, interviewed a few weeks ago by FIRSTonline, he concluded: “That is why it is essential for UBI Banca to be at the customer's side in order to offer complete investment and protection solutions, capable of assisting them throughout their life, even in the event of significant events, such as, for example, serious pathologies or the lack of self-sufficiency, increasingly relevant issues in a trend of increasing age of the population, in a context where social welfare policies must be integrated by initiatives implemented by individual citizens”.
