New partnership between PAID and ROMANIA FINANCIALLY EDUCATED

The security person PAID România, herebly named arsenic Natural Disaster Insurance Pool becomes the Partner of the programme Romania Financially Educated.

His committedness to the economic and financial development of the Romanian Society is already a contented for PAID România.

Since 2010,

Prepared to rebuild together!

The Natural Disaster Insurance Pool – PAID România is portion of the Romanian insurance market since 2010, bringing unneurotic the most important insurance companies successful the country.

In Romania, the natural disasters screen a fewer of large impact:

• the earthquakes,
• the floods, and
• the landslides.

For these risks with a major impact, the Romanian’s Governments thought a method to screen the population’ needs and to marque it safe from the financial side successful lawsuit it volition brushwood such events.

This is however the Natural Disaster Insurance Pool – PAID Romania was born.

PAID Romania successful figures as astatine 30.09.2023:

▶️ Total valid PAD security policies = 1.976.541

▶️ Total amount paid arsenic damages = 54.373.349,41 lei (10.874.670 EUR)

▶️ Coverage = 20,47%

Through a complex expertise developed during its enactment (13 years), PAID Romania helped thousand of Romanians to rebuild their homes & lives aft natural disasters occurred, being a strong & faithful Partner among this process.

Annually, successful Romania occures much than 100 earthquakes with a magnitude of much than 3 degrees connected the Richter scale, successful which hundreds of places are affected by waters’ damages, with thousands of houses flooded, having a risk of landslides disposable successful 34 counties, 78 cities and 875 villages, thus, the home insurance should beryllium a real concern.

The mandatory PAD insurance policy against natural disasters is regulated by the Romanian law and it insures only the houses established in Romania’s landscape.

The subscription’ fee is much than stable, so the insurance’ value is established astatine the maximum level of €20, depending connected the home’ damages incurred.

There is besides a social category subscription’ fee for homes built from weaker materials in presumption of strength and for which they differentiate, of only €10.

This policies are built for the vulnerable people.

These fees are equivalent all over Romania, regardless of the policy issuer.

The monthly equivalent of the subscription‘fee is successful magnitude of 8-9 lei. (almost EUR 2)

In bid to cod the total magnitude compensated by PAID Romania, having a worth of

LEI 100,000 (EUR 20,000), at the aforementioned monthly cost, an individual would request much than 1,000 years.

Mrs. Nicoleta Radu, CEO PAID Romania:

“Romania Financially Educated represents a mission undertaken by PAID truthful acold and done this project we purpose to support the Romanian community to execute & support a better lifestyle done financial education.

This programme addresses the financial side successful a complete and accurate manner, being successful enactment with our objectives, having the purpose of gathering a safer future, starting with our decisions – that should beryllium done successful a much responsable mode and based on facts!

We are arrogant to beryllium a Partner of this useful fiscal acquisition inaugural made by Kristine Bago and to receive the Romania Financially Educated trophy!”

Mrs. Kristine Bago,  

ROMANIA FINANCIALLY EDUCATED’ Producer:

“We are honoured to grant the Romania Financially Educated’ trophy to Mrs. Nicoleta Radu – CEO PAID România, for his continuous committedness to beforehand financial education successful Romania.

PAID Romania is engaged successful several projects and initiatives having the intent of helping the Romanian Society to amended recognize the financial concepts successful bid to instrumentality informed decisions successful the insurance and personal finances fields.

Their essential role successful promoting the financial education successful Romania is truly spoted successful this benignant of strategy.

PAID’ efforts person a significant impact connected the Romanian Society, consistently contributing to increase the level of awareness and understanding of the financial field.

PAID Romania represents a trusted Partner successful our endeavour of bringing quality fiscal education to our audience.

Thank you PAID Romania and Mrs. Nicoleta Radu for your important involvement & contribution to the improvement of this financial education initiative.”

****************************************************************************************************

Kristine Bago joined  Nine O’Clock  at the opening of August 2023 as a Partner Editor .

Kristine Bago is a well-known financial auditor with extended manufacture experience  – former Big4 alumna, entrepreneur in the financial services, economic influencer & Romanian TV Show producer.

Kristine Bago possess a wide experience in finance area, some in academic terms – certifications acquired, arsenic good as experience gained successful firm companies, moving for a play of 6 years at the major fiscal consulting companies in the world, arsenic portion of the Big4 network: PwC, KPMG and Deloitte Romania.

Kristine Bago holds a Bachelor, Master and Ph.D. degree from West University of Timisoara, being national & planetary (ACCA) certified in her profession.(financial audit). As a result-driven professional, she utilized each her expertise & previous professional involvement and build, in 2020, a unique concern concept by adding into the Romanian concern environment a caller service – fiscal audit advisory, for companies having already an external fiscal auditor appointed. 17 companies in TOP 20 large companies successful Romania become quickly, in the pandemic year, her clients. 1 year later, Kristine Bago establish another milestone – the media coverage. In 2021, she receives the connection to marque an Economic Radio Show at GOLD FM and 6 months later, astatine the beggining of 2022, she was invited to beryllium the permanent guest at an Economic TV Show at Profit News. After another 6 months as a permanent guest, she starts to beryllium the sole producer of the Economic TV Show broadcasted by Profit News.

In 2023 (one twelvemonth later), she records her own brand and starts her own TV Show, having the most important & representative guests from the fiscal ecosystem in Romania. During each this time, she utilized to constitute nonrecreational articles astir large fiscal issues successful Romania & worldwide, fiscal reviews / analysis, contributing successful an nonsubjective mode to the fiscal acquisition of her audience.

The diplomatic regular paper Nine O’Clock does not presume work for the accusation received and published connected the nationalist website. The work for the contented lies solely with the issuer of the property release.

The diplomatic regular paper Nine O’Clock cannot beryllium held accountable for mendacious accusation transmitted by the recipients of the property releases/announcements.

The diplomatic regular paper Nine O’Clock reserves the close not to people property releases that incorporate inappropriate expressions oregon accusations and violations of the rights of different individuals, guaranteed by the Constitution of Romania.

The contented of the website www.nineoclock.ro is intended for nationalist information. Copying, reproduction, recompilation, modification, arsenic good arsenic immoderate signifier of contented exploitation from this website are prohibited. The usage of the Comments conception signifies your statement to abide by the presumption and conditions regarding the work of comments on www.nineoclock.ro.