Action vs. SKANDIA Życie TU S.A. (no. 2)

Action of a group of clients of Towarzystwo Ubezpieczeniowe – represented by the Municipal Consumer Ombudsman in Szczecin – vs. Skandia Życie TU S.A.

Action for the establishment that contractual clauses concerning the amounts to be paid to the group members and the amounts to be collected by the defendant from the group members’ money (from the redemption of fund units purchased from their regular premiums) in the event of termination of life insurance contracts with an insurance capital fund before the end of the insurance period for reasons other than death are not binding on the group members – and for the establishment, that in the event of termination of these contracts for reasons other than death, the defendant will be obligated to pay to the members of the group amounts equal to the value of their policy accounts (amounts equal to all funds originating from the redemption of fund units purchased from regular premiums paid by the defendant, calculated according to the prices of fund units from the nearest day of valuation of the given insurance capital fund, following the day of termination of the contract).

292 group members

2nd STAGE
  • Decision of the Court of Appeals in Warsaw 1st Civil Division of 20th March 2019, I ACz 43/19 – amending the decision of the Regional Court in Warsaw 24th Civil Division of 20th September 2018, XXIV C 500/14 following both parties’ complaints
  • Decision of the Regional Court in Warsaw 24th Civil Division of 20th September 2018, XXIV C 500/14 – establishing the composition of the group
1st STAGE
  • Statement of claims filed on: 18th April 2014