– How capital investors can be deceived systematically also by “money back! order” – Current BGH ruling on the invalidity of “money-back orders The Federal Court of Justice (BGH. Judgment of 11.12.2013, Ref. IV ZR 46/13) ruled that the purchase of “used” life insurance policies is null and void unless it is a genuine […]
– New ruling of the Federal Court of Justice facilitates the discharge of loan debts – It is part of everyday life at credit institutions to make even larger capital investments possible for the customer by making a large part of the necessary money for an investment available to him as a loan. As a […]
I was successfully represented against my unit-linked annuity policy. A revocation due to defective revocation instruction was processed within 2-3 months. From other experiences of acquaintances and definitely worse “offers” I can here only Recommend this law firm and not to cut corners and act on your own.
– Current ECJ ruling opens up reversal with perpetual cancellation right also for new life insurance policies since 2008 – The bang of the European Court of Justice (ECJ) The European Court of Justice ruled (ruling of 19 December 2019, ref. C355/18, C-357/18, C-479/18) that a provision in insurance contract law according to which […]
The Federal Court of Justice (BGH, ruling of 25.09.2019, ref. IV ZR 99/18) had to deal with the life insurance of a policyholder (VN) who had fallen into a coma in 1993 after an accident. The wife, who was divorced in 1994, was entitled to withdraw her claim. The father of the UN informed the […]
published on Versicherungswirtschaft today on 02.05.2018 Link: http://versicherungswirtschaft-heute.de/politik-regulierung/rechtsschutz-ist-bei-widerruf-alter-vertrage-in-der-pflicht/
– How risk costs destroy the refund in case of insufficient cancellation instructions – According to the BGH, if a life or pension insurance policy taken out between 1994 and 2007 is revoked, the premiums plus of all uses less the risk costs consumed for the risk must be repaid by the insurer. By […]
Revocation is possible for life insurance policies (LV) for an eternal period. In the main, this may affect around 40% of life and pension insurance policies from the years 1995-2007 alone. This is based on rulings by the European Court of Justice (ECJ, ruling of 19 December 2013, Case C-209/12) and the Federal Court of […]
A “perpetual” right of revocation often exists not only for life policies but also for occupational pension contracts. Published in FondsOnline on 05.01.2016 Link: http://www.fondsprofessionell.de/news/steuer-recht/nid/kommentar-ewiges-widerrufsrecht-auch-bei-bav-vertraegen/gid/1024458/ref/4/
– When legal representation without an appraisal is giving away pure money -. No one would accuse financial institutions, i.e. banks and insurers, of unlawful or dishonest behaviour if affected customers do not receive what they are actually entitled to after a revocation of credit and investment or insurance contracts. Without an expert examination […]
