Portugal is a republic and not a monarchy. Likewise, and to avoid false testimonies, I am not referring to the political commentator on television, but rather to the extremely elegant parrots and their visceral way of always shouting that
who listen but don’t know what they’re saying and if we cut off their voice, they repeat everything again because like an old cassette, they have no way of continuing where they left off.
This is where all my thoughts are concentrated when I go to a banking institution and I see some guys who look at the Customers like a bird and think: “today I’m going to give you another peck in the wallet” and in that sense they start conspiring. This will lead you to subscribe to another PSR (Plan for Your Retirement) and not PPR, which as a Retirement Savings Plan has a guaranteed annual rate from insurers.
They then begin to debit articles about everything and anything, with the aim of selling credit cards, opening accounts, insurance, coins and even local sports club cards, knowing that they are experts in everything and anything. in vague generalities.
As a relative of mine, who was responsible for banking at the time, said: the luck is that those who go to banks to deal with insurance understand less or nothing than they do, otherwise they would be in trouble and wouldn’t even be able to sell a match when Porto was dark.
For me it’s like a bank parrot that starts debiting bytes without interrupting it. If it stops halfway through, it starts from the beginning. Questions ? Only about the place where the Client “must” sign the proposal.
But not being exclusive to this professional class, it becomes transversal to the work carried out by telephone insurance companies that continue to make “noise” at the expense of wasting money from the groups to which they belong, as was the case with that insurance company that was at risk of non-compliance with the level of solvency at the end of the 2019 financial year, if the group to which he belongs, which was once healthy, had not still given him a hand.
Another situation that we often see is that banks, when granting housing credit, force Customers to take out MR insurance or provide them with a declaration of rights subject to reservations depending on the valuation of the unit or house.
In this chapter, it cannot be stressed enough that the value to be insured must always be the reconstruction value, taking into account construction factors, type and in the case of buildings for demolition or expropriation, it will be the matrix value.
In 2019, because 2020 was still published, the value per m2 was:
- Zone I €822.53 m2; (All district headquarters municipalities)
- Zone II €719.01 m2 (Important municipalities, verifiable in DL 329-A-200)
Likewise, if your property has already taken out insurance for the condominium, all you need to do is request an additional minute with a declaration of reserved rights from the bank, thus avoiding double payment of risks.
For these and other insurance matters, you might want to set aside a little time to speak to your insurance mediator or broker. He will take care of your risks and your portfolio.
To see parrots, go to the Zoo first, the animals are waiting for us.”
