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The PRIIPs Regulation covers retail investment and insurance-based investment products. It aims to ensure that investors have the information they need about products before purchasing them, given that investment products are sometimes combined with insurance cover and can be rather complex to understand. Therefore, prior to taking out such a product you should read and accept a key investor information document with as much detailed information about the product as possible.
In this regard, the PRIIPs Regulation ensures:
This regulation entered into force on 1 January 2018.
BanSabadell Vida, Sociedad Anónima de Seguros y Reaseguros, holder of Tax ID No. A08371908, with registered office at Calle Isabel Colbrand, n.º 22, 28050, Madrid. Registered in the Madrid Companies Register and in the Insurance Entities Register of the Directorate-General of Insurance and Pension Funds (DGSFP) under code C-0557.
Insurance brokered by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A., holder of Tax ID No. A-03424223, with registered office at Avenida Óscar Esplá, 37, 03007 in Alicante, and registered in the Alicante Companies Register and in the Administrative Register of Insurance and Reinsurance Distributors of the Directorate-General of Insurance and Pension Funds (DGSFP) under code OV-0004, having taken out a liability insurance policy pursuant to prevailing regulations on private insurance and reinsurance distribution.