Translation of "Plan d'assurance vie universel " (French → English) :

Seguros Navarra: life insurance and pension plans in Spain.

(ii) for loans with a fixed maturity, the original maturity must be at least five years. No later than one year before the repayment date, the assurance undertaking must submit to the competent authorities for their approval a plan showing how the available solvency margin will be kept at or brought to the required level at maturity, unless the extent to which the loan may rank as a component of the available solvency margin is gra ...[+++]dually reduced during at least the last five years before the repayment date.

to promote the interests of European citizens i) by ensuring that all citizens have access to a universal service; ii) by ensuring a high level of protection for consumers in their dealings with suppliers, particularly by ensuring the availability of simple and inexpensive dispute resolution procedures; iii) by helping to ensure a high level of protection of personal data and privacy; iv) by encouraging the provision of clear information, particularly by requiring transparency of tariffs and of the conditions of using publicly available electronic communications services; v) by addressing the needs of specific social groups, in parti ...[+++]cular disabled users; and vi) by ensuring the security of communications networks.

(19) In the case where universal service can be provided only at a loss or provided under costs falling outside normal commercial standards, different financing schemes can be envisaged to ensure universal service. The emergence of effective competition by the dates established for full liberalization would, however, be seriously delayed if Member States were to implement a financing scheme allocating too heavy a share of any burden to new entrants or were to determine the size of the burden beyond what is necessary to finance the uni ...[+++]versal service.

With the consumers' complaints on the vanishing premium and now the universal life policies, in fact, our association put forward to each CEO of all of the large insurers, with the difficulty of the vanishing premium issues, a proposal to sit down with them at a conference and to discuss the issues.

When it comes to other more complex products, such as universal life insurance or permanent insurance, there is more involved than merely the protection offered for a particular price. Explanations must be provided; something more must be done.