…and perhaps reduced claims?

Life insurers do not have to inform about reduction possibilities, but they are liable for incorrect advice due to legal advice obligations.   Members of the German Bundestag posed the following question: “What are the legal obligations of life insurance companies to inform their customers about the possibility of reducing claims before the contract is […]

Changing tariffs in the PKV is worthwhile

Changing tariffs in private health insurance often makes sense even for those who have been insured for many years. It is not just a matter of saving on premiums, but of improving benefits.   Private health insurance (PKV) is cheap when you are young – because with statutory health insurance (GKV), contributions are based on […]

Higher Regional Courts of Karslruhe and Stuttgart sentence insurance companies

When insurance companies are liable alongside brokers for misadvice on pensions   Insurance companies are liable in the event of advice errors by insurance brokers By judgments of the Karlsruhe Higher Regional Court (OLG) of 02.08.2011 (Case No. 12 U 173/10) and Saarbrücken Higher Regional Court of 04.05.2011 (Case No. 5 U 502/10-76), insurance companies […]