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  #1  
Old 18.07.2013, 10:56
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Generali Vision: online petition

Someone has started an online petition about one of the favourite products of offshore "financial advisers":

Generali International: annul Vision contracts and return all funds at current market prices
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  #2  
Old 04.09.2013, 08:38
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Re: Generali Vision: online petition

Someone pitched this product to me yesterday, I am guessing it is not any good then ; )
Reading a fair amount about the high costs during the initial period.
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  #3  
Old 04.09.2013, 12:40
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Re: Generali Vision: online petition

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Someone pitched this product to me yesterday, I am guessing it is not any good then ; )
Reading a fair amount about the high costs during the initial period.
Without naming them, spill the beans then.
How did they contact you?
Where did they meet you? 'They' have no office in Basel, so I expect it was company premises?
How come they advised you this was a good investment?
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  #4  
Old 02.09.2014, 13:43
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Re: Generali Vision: online petition

I signed up for a Generali vision policy in September 2012 after being contacted by a financial adviser here in Geneva. I was keen to get a savings policy in place (and the adviser made me feel like I had wasted so much time and should sign up for a 20 year policy) so I chose the Generali vision policy because I have my car and house insurance with them.

However, 2 years down the track, I have realised what a huge mistake I have committed myself to. If you google "Generali vision" you will find more negative feedback than positive, some of the feedback even mentions that the policy may be illegal in some countries. The running theme is that most people who have bought into this policy in good faith are finding out (as I have recently) that there are many restrictions on what you can do once you have committed.

Yes, I know that some may say "well, didn't you read the fine print?" and the answer in "yes". I even questioned some of the details of the policy before I signed. Stupidly, I believed the answers given by the "financial adviser" which have turned out to be false. Too late now and if I forfeit the policy, I will lose the first 20 months of contributions (totaling around USD 18,000) and will be forced to pay Generali's fees (2%) for the next 18 years.

My advice is to STAY AWAY FROM COLD-CALLING SO-CALLED FINANCIAL ADVISERS AND CERTAINLY NEVER SIGN UP FOR A GENERALI SAVINGS PLAN.
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The following 3 users would like to thank GVAmumofone for this useful post:
  #5  
Old 09.12.2015, 12:30
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Re: Generali Vision: online petition

@GVAmumofone
Hello All, We were a Geneva, Switzerland couple also dupped by a "friend" - an advisor demo DeVeres.
We have hired a lawyer and have a good chance of getting our money back but we need to gather our forces.
Anyone living in Switzerland, or having signed up in Switzerland or working in Switzerland (living in FR) please contact me.

Thanks
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  #6  
Old 09.12.2015, 15:21
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Re: Generali Vision: online petition

Juls75, I have replied to your private message. Let me know if you received it. It would be good to talk and compare notes. Thanks!
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  #7  
Old 04.11.2016, 15:51
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Re: Generali Vision: online petition

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@GVAmumofone
Hello All, We were a Geneva, Switzerland couple also dupped by a "friend" - an advisor demo DeVeres.
We have hired a lawyer and have a good chance of getting our money back but we need to gather our forces.
Anyone living in Switzerland, or having signed up in Switzerland or working in Switzerland (living in FR) please contact me.

Thanks
Hello Juls75,

I'm exactly in a the same situation with a Generali plan. I was recommended for it from a very dishonest Devere-group advisor. I'm from the Pays De Gex, and would be very happy to discuss about it with you, and share your experience about this probleme. I hope to have news from new and any person in the same situation

Regis
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  #8  
Old 04.11.2016, 16:37
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Re: Generali Vision: online petition

Juls75, I don't know if you have received my answer to your private message, because the message in french here has been deleted by the webmaster. If it's the case please tell me


Cheers
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  #9  
Old 18.03.2018, 17:09
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Re: Generali Vision: online petition

Hallo Juls75, Chritin, GVAmumofone and others,
I have also signed a Generali Vision contract and am looking for options on potentially trying to get out of it. I`d like to get in touch with you and others which had a similar experience to compare notes and discuss best options.
Regards
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  #10  
Old 19.03.2018, 11:47
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Re: Generali Vision: online petition

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Hallo Juls75, Chritin, GVAmumofone and others,
I have also signed a Generali Vision contract and am looking for options on potentially trying to get out of it. I`d like to get in touch with you and others which had a similar experience to compare notes and discuss best options.
Regards

Sorry to hear that.

When did you sign up? If you only have say couple of thousands in it, then just stop paying NOW. There is nothing they can do about it.

If you have more than that than the particular circumstances you signed up will determine if you can get anything back.
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  #11  
Old 19.03.2018, 13:19
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Re: Generali Vision: online petition

EPMike - I signed up several years ago. Is there something you can share on this? Would you be able to send a note separately?

Last edited by Ace1; 19.03.2018 at 19:15. Reason: removed name
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  #12  
Old 10.08.2019, 21:32
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Re: Generali Vision: online petition

Hello All,

Has there been some action taken? Some legal proceedings in which I can join hands. Any one with spectacular luck?

Regards
Anirudh
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  #13  
Old 12.08.2019, 16:32
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Re: Generali Vision: online petition

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Hello All,

Has there been some action taken? Some legal proceedings in which I can join hands. Any one with spectacular luck?

Regards
Anirudh
Have sent you a private message.
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