Key Facts

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About our services
In Belgium the FSMA is the independent watchdog that regulates financial services that we offer. We have prepared this document for potential clients considering buying certain financial products. You need to read this important document which explains the service you are being offered and how you will pay for it.
Classic Financial Solutions is permitted to advise on and act as a broker for all forms of insurance products. However, we specialise in single premium and regular premium products most of which are issued under Branch 21 or 23 of the Belgian insurance code. You can check this by visiting the FSA's website http://www.fsma.be/en/Supervision/finbem/vt/vz.aspx and looking at the list of insurance intermediaries. This list is only available in the French and Flemish language parts of the site. We are authorised under number 41241A. We do not offer advice on general insurances such as buildings, contents, car and public liability but will be happy to refer you to an appropriately authorized broker if you need such advice.
Whose products do we offer? In addition to the above types of policy, we offer products from a range of insurers for term assurance, mortgage protection insurance, critical illness insurance, income protection insurance, and other insurances relating to the protection of the individual.
What service will we give you? We will advise and make a recommendation for you after we have assessed your needs for the type of insurance and the required protection. If you agree with our advice we will carry out all the necessary steps to implement it.
Client Profile and Source of Funds. Before starting any work for you, we are required by law to carry out extensive regulatory procedures to assess your risk profile as a client and to verify that the source and origin of the money you are investing can be ascertained and proven. This is a time consuming and expensive process which obliges us to ask for a down-payment to cover the cost.
If you take our advice but do not want us to handle the implementation we will bill you for the time taken in preparing the advice. However, you will then need to make your own choice about how to proceed.
What will you have to pay for our services if you ask us to implement it? You will pay for our advice services based on a percentage of the amount invested in the form of a fee or a commission according to the circumstances. We commit to our clients that our set up cost will not exceed 3% regardless which payment method is selected. Please note, however, that if you select a fee basis we may have to add VAT.
We will discuss your payment options with you and answer any questions you have and we will not charge you until we have agreed with you how much we are to be paid. Any advance payments to cover the costs of the advice as mentioned above will be deducted.
In Belgium the FSMA is the independent watchdog that regulates financial services that we offer. We have prepared this document for potential clients considering buying certain financial products. You need to read this important document which explains the service you are being offered and how you will pay for it.
Classic Financial Solutions is permitted to advise on and act as a broker for all forms of insurance products. However, we specialise in single premium and regular premium products most of which are issued under Branch 21 or 23 of the Belgian insurance code. You can check this by visiting the FSA's website http://www.fsma.be/en/Supervision/finbem/vt/vz.aspx and looking at the list of insurance intermediaries. This list is only available in the French and Flemish language parts of the site. We are authorised under number 41241A. We do not offer advice on general insurances such as buildings, contents, car and public liability but will be happy to refer you to an appropriately authorized broker if you need such advice.
Whose products do we offer? In addition to the above types of policy, we offer products from a range of insurers for term assurance, mortgage protection insurance, critical illness insurance, income protection insurance, and other insurances relating to the protection of the individual.
What service will we give you? We will advise and make a recommendation for you after we have assessed your needs for the type of insurance and the required protection. If you agree with our advice we will carry out all the necessary steps to implement it.
Client Profile and Source of Funds. Before starting any work for you, we are required by law to carry out extensive regulatory procedures to assess your risk profile as a client and to verify that the source and origin of the money you are investing can be ascertained and proven. This is a time consuming and expensive process which obliges us to ask for a down-payment to cover the cost.
If you take our advice but do not want us to handle the implementation we will bill you for the time taken in preparing the advice. However, you will then need to make your own choice about how to proceed.
What will you have to pay for our services if you ask us to implement it? You will pay for our advice services based on a percentage of the amount invested in the form of a fee or a commission according to the circumstances. We commit to our clients that our set up cost will not exceed 3% regardless which payment method is selected. Please note, however, that if you select a fee basis we may have to add VAT.
We will discuss your payment options with you and answer any questions you have and we will not charge you until we have agreed with you how much we are to be paid. Any advance payments to cover the costs of the advice as mentioned above will be deducted.
If you have a complaint please contact us, in the first instance at the above address. If you cannot settle your complaint with us you may be entitled to refer it to the Financial Ombudsman service.