There are increased liability risks for employers in around 87% of pension funds One way of implementing the company pension scheme is the Pensionskasse (PF). Because they are monitored by the Federal Financial Supervisory Authority (BaFin), employers in this case are spared having to contribute to the Pension Protection Association (PSVaG). If the employer becomes […]
by Detlef Pohl After the first Protektor case, the question of life insurance guarantees also arises. How secure are the guaranteed benefits? Not only the future participation in surplus, but also the sum insured calculated with a guaranteed interest rate is by no means secure in the event of an unfavourable development of the capital […]
Anyone who is employed as an employee until the age of 67 with a continuous income can expect to receive a net pension amounting to 50 percent of the last net income in the not too distant future, if he or she becomes a pensioner. This allows the average wage earner to live a dignified […]
– What are the scenarios of settlement in insurance due to low interest rates ? – Customers of life insurers are shaken: on 16.12.2014, the business press reported that a Swiss life insurer had now filed for insolvency, and had become a victim of low interest rates. The 13,000 policies were taken over by […]
– Why the days of effortless money-making via life insurance are long gone – Agents’ commissions fall The Life Insurance Reform Act (LVRG) not only lowers the guaranteed interest rate for life insurance policies from 1.75% to only 1.25% from 2015, but also the permitted inclusion of acquisition costs through zillmerisation from 4% to […]
– OLG Cologne judges generally usual procedure of the PKV as inadmissible – In its judgment of 20 July 2012 (Case No.: 20 U 149/11), the Cologne Higher Regional Court ruled that a procedure used for decades by private health insurers for premium adjustments was incorrect. As a result, many premium adjustments since 1995 […]
– Pension capital transfer or change of policyholder – decision between plague and cholera – In purely statistical terms, the length of service of an employee is just under five years. If the employee has a pension plan, he or she will be able to take it with him or her to the new […]
– Advantages of a private health insurance (PKV) with vital transplant – Experts believe that hundreds of thousands of citizens still do not have health insurance. Above all, the obligation to pay contributions plus – in the GKV – up to 60% interest annually, keeps affected persons from registering with their last insurance company […]
– Why insurance customers should expect qualified advice – The Saarland Higher Regional Court (ruling of 27.01.2011, ref. 5 U 337/09) ruled that insurance brokers who cannot provide any or only incomplete documentation of their advice bear the full burden of proof for correct advice. The advice and reasons should therefore be noted because […]
– How the Federal Court of Justice (BGH) has put an end to mass litigation – The Federal Court of Justice (BGH) ruled (judgment of 06.07.2016, Case No. IV ZR 44/15) that a reduction of the daily sickness allowance as well as of the insurance premium pursuant to Section 4 IV of the Model […]
