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Before explaining our program GoldPensClub, let us clarify some basics. As well, we wish to make it clear from the very beginning that not every specific condition related to our program for every country can be explained here. In principle, there are three avenues from which to choose in order to be paid from a pension insurance:
You pay a monthly premium for your insurance. According to the expiry of the policy, you will be paid either in monthly installments or by a one-time payment. This monthly payment depends on the age of the purchaser (or the year in which the policy was purchased), and also depends on the kind of insurance it is. Every insurance company follows forms. You pay a monthly contribution (premium) to your pension insurance. After a number of years, a need arises causing you to want to make a bank loan using your insurance policy as collateral.
Over the years you have been paying into your policy, it has accrued a value of 10,000.00 USD. You still must continue to pay the monthly premiums and now you must pay the bank interest and principle on your loan as well. You make a one-time payment of a certain percent, e.g. 30%, of the face value of your insurance policy. Then you have to wait until the end of your policy period in order to get the benefit, either a substantial monthly payment or a substantial one-time payment. This kind of policy must be started early in your life as the more the time spread between the initial purchase and the disbursement, the more value will be accrued; likewise, the less the time spread, the less the value will be accrued.
How does the program work?
We have been able to make appropriate arrangements through two of the top ten banking and insurance companies. As far as we can determine, all possible problems have been resolved.