In insurance policies with investment character the insurer does not provide exclusively coverage of risks, i.e. the transfer of risks from the applicant to himself, but at the same time he provides, directly or indirectly, investment services.
This paper examines the distribution of insurance products with investment character, the professional and disclosure requirements detected by law for them, the status of investment policies distributed by insurance undertakings, insurance intermediaries, banks & other investment providers as well as the status of Policies linked with investment as part of the Packaged Retail Investment Products (PRIPs). Whilst doing so, the paper also evaluates the current and future trends regarding insurance intermediation.
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