Design and alternatives to group insurance even without broker licensing

If providers of group insurance contracts, such as associations and companies, pursue their own monetary interest with their offer, they may require registration as insurance intermediaries. How group insurance policies can be designed and, if necessary, alternatives can be created, even if the intermediary license according to § 34 GeWo is missing.   Insurance company […]

General Equal Treatment Act (AGG) also protects members of professional associations

– Why professional associations must treat members the same as employees ? –   “Mountaineers: two men whose purpose is to climb mountains”. (Expedition to Kilimanjaro, Monty Python’s Wonderful World of Gravity) The General Equal Treatment Act (AGG) has been in force since 2006, which has made employers in particular very cautious. For example, by […]

Company pensioners lose claim to German employer

As of January 31, 2023, transposition into national law (draft bill of April 20, 2022) is to make it easier for domestic companies to merge with foreign (European) companies, including transfer of the registered office abroad. In return, company pensioners can then be deprived of the protection of the German #Pensionssicherungs #Vereins aG (PSVAG) in […]

Expensive replacement of fireplaces is often useless

– Why for many fireplaces and fireplace inserts nothing changes ? –   The fireplace as a backup when heating In times of so-called energy crises along with blackout dangers, fireplace stoves are coming back into fashion. Operators who are not familiar with the rules of the Federal Immission Control Ordinance (BlmSchV) are often misled […]

In the future, not even the contributions of the direct insurance are guaranteed at the beginning of the pension.

– When the employer alone is liable for the equal value of deferred compensation? –   2022 the value equality of the direct insurance (DV) ends In future, it will be very questionable whether, at the end of the savings period – the deferral period, in the case of deferred compensation in the company pension […]

Advisory duties, liability, gaps in cover using the example of natural hazard insurance

– When insurance brokers and agents are liable for the uninsured like insurers -.   The German Insurance Association (GDV) puts the insured losses from the flood disaster in July at around €7bn. However, for damages that are not insured in whole or in part, the liability of the insurance intermediary, who often provides “support”, […]

Insurers and banks settle dispute over aiding and abetting tax evasion with millions in fines

– Employees and customers are still surprised by international arrest warrants –   Insurers’ and banks’ agreement with judiciary does not prevent prosecution of employees Although some banks, as well as insurers, have settled their dispute with the US judiciary by pleading guilty to criminal charges, the individual employees involved remain under investigation. No employee […]