– Why do you lose your insurance cover without paying protection money? – The Federal Court of Justice (BGH, ruling of 16.06.2010, file no. IV ZR 229/09) decided on the case of a restaurant owner who was threatened with damage or destruction of his premises that burglary and/or vandalism risks are to be reported […]
Some legal experts believe that the permanent mini interest rates will allow insurance companies to reduce their guarantees or increase premiums. But this is a contentious issue. www.institutional-money.com (published on 15.06.2017) Link: http://www.institutional-money.com/news/regulierung/headline/lebensversicherer-sind-praemienerhoehungen-wegen-magerzinsen-zulaessig-134639/
What are the risks for intermediaries, privately insured persons and private health insurers? New business models are booming in the financial sector. Uninsured persons in private health insurance (PKV) are just as much part of the target clientele as those who have been insured for many years, whose PKV premiums increase by up to […]
Premium adjustment clause of Allianz Krankenversicherung also invalid? Penalisation of old customers as tariff switchers through premium surcharge Since the introduction of the new Aktimed tariffs, Allianz has levied an additional flat-rate surcharge, the so-called tariff structure surcharge, on all switchers from the old tariffs. This reduced the potential savings of those switching from […]
Most health insurers rely on impermissible premium adjustment clauses. Private health insurance policyholders may be entitled to reclaim. At a hearing on 4 March 2010, the twelfth chamber of the Munich I Regional Court (Case No.: 12 O 23234/09), which specialises in insurance law, expressed the view that many premium adjustments by private health […]
Since the introduction of the new Aktimed tariffs, Allianz has levied an additional flat-rate surcharge, the so-called tariff structure surcharge, on all switchers from the old tariffs. This reduced the potential savings of those switching from old Allianz tariffs, who tend to be in poorer health than new customers on Aktimed tariffs. Switchers had to […]
*by Dr. Johannes Fiala, Lawyer (Munich), Mediator (Univ.), MBA Financial Services (Univ.Wales), MM (Univ.), Certified Financial and Investment Advisor (A.F.A.), Lecturer in Civil Law and Insurance Law (Univ. of Cooperative Education), Banker (www.fiala.de) “In the past, even the future was better.” (Karl Valentin) An insurance company is sued for payment of damages in the amount […]
for insurance companies in the event of concealment of circumstances relevant to the risk in the insurance application “In the past, even the future was better.” (Karl Valentin) An insurance company is sued for payment of damages in the amount of 268,039.38 Euro (household insurance) and 51,150.90 Euro (building insurance). The policyholder had concealed pre-contractual […]
