The 10 Commandments

How to avoid capital destruction via life insurance   In economic terms, life insurance policies are often investments that compete with traditional bank products. Intransparency, faulty advice and incorrect billing cost customers billions every year. In most cases, there is then a claim for back payment, reclaim or compensation. However, insurers will not pay without […]

Instructions for tax evasion?

In its ruling of 20 May 2009, the BFH (Case No. VIII R 6/07) confirmed its established case law according to which a practice breakdown insurance policy – also known as business breakdown insurance – for the event of illness or accident of the self-employed person is to be allocated to the private lifestyle. Anyone […]

The financial crisis system

Politically planned redistribution at the expense of the middle class Ten billion of taxpayers’ money for IKB, 18.2 billion for Commerzbank, soon 150 billion for Hypo Real Estate (HRE), etc. Hundreds of billions to pay off betting debts and ongoing bonuses for investment bankers. Whose money is being distributed? That’s right: the citizens’ money.   […]