1939 - 1939

Provident Union Fund for Insurance Professionals

It results from the first Collective Labor Contract for the insurance industry signed between the Insurers Guild and the Lisbon and Oporto Unions.

The permit to establish the Fund was dated 29^th April 1939, although the first discounts began on 1^st January 1937, in accordance with what had been stipulated in the employment agreement, which had fixed the rates and regulated the granting of a family benefits, the precursor of the family allowance, which was only later established for all workers.

Photo caption
Detail of the glass with the symbol of the Insurance Professionals’ Union Welfare Fund, engraved in bas-relief and painted
Viscount of Grace Palace, Largo do Intendente – CHAPAS Club Collection photo