Since a decision by the European Court of Justice (ECJ) on 19 December 2013 (Case C-209), insurance customers are increasingly checking whether they can still revoke their insurance policies. The aim is to recover the insurance premiums paid or to unwind insurance policies with negative returns. Insurance companies have often failed to adequately and effectively […]
Federal Supreme Court: Insurance benefits remain with the recipient despite revocation
When the revocation of life, pension and other insurance policies can be worthwhile Since a decision by the European Court of Justice (ECJ) on 19 December 2013 (Case C-209), insurance customers are increasingly checking whether they can still revoke their insurance policies. The aim is to get back the insurance premiums paid or, in […]
Planning replaces chance with error
Death, divorce and insolvency – What happens to life insurance? Some policyholders (VN) decide too late that they would like to change the subscription right of a life insurance policy(ies). If the policyholder instructs his broker to make the change, it is important that this is regularly done in writing in accordance with the insurance […]
Planning replaces chance with error
Death, divorce and insolvency – What happens to life insurance? Some policyholders (VN) decide too late that they would like to change the subscription right of a life insurance policy(ies). If the policyholder instructs his broker to make the change, it is important that this is regularly done in writing in accordance with the insurance […]
Corruption, tax fraud and financial dilettantes
“Who burned our money?” exposes fraudulent schemes in the financial system “An all-finance authority like BaFin truly experiences a lot in the course of a year – including nasty surprises. But the subprime crisis that hit us in mid-2007 dwarfs anything we have seen before. Clever financial engineers exploited national and international supervisory loopholes, […]