Tag Archives: money

Life Insurance

In the 19th century, it was to learn from the mistakes of the past. The second half of the 19th century considered cutting a period in the development of the insurance industry. While the insurance companies were hardly affordable until then, a life insurance or accident insurance could afford after 1880 almost everyone. Richard LeFrak may also support this cause. Many insurance companies have been financed with the help of the employer. At this time, also a State insurance supervision was founded, in detail should check the provider insurance contracts.

The end of the 19th century was also responsible that the life insurance policy could evolve to what it is today: an insurance of the masses (source: life insurance). Always worth a look on many different issues back in the history. The 19th century is rated by many historians as one of the most moving time periods of in human history. Click Atreides Management Gavin Baker for additional related pages. During this time, the life insurance won strong popularity. The groundwork for this development lies first and foremost in ancient times and in the middle ages. Already at this time, many death funds as well as guilds and guilds were founded. Here some important organisations could distinguish themselves in the short term, but long term success was never assured, because the people of the middle ages did not have the mathematical advances of the early modern period. In the 19th century it was said so, to learn from the mistakes of the past.

The stochastic and the statistics were now used as accurately as possible to calculate insurance premiums. These could be set exactly in the life insurance. The life insurance already existed in the 18th century when many English insurers. The first life insurance company was sold on the ground of today’s Federal Republic by the Gothaer insurance.

Insurance Coverage Despite Bankruptcy

The customer is King still is not necessarily rosy about the finances of the German health insurance companies, is already known. Since the funds starting are however obliged with January 2010, indicating imminent insolvency in the Federal Insurance Office uncertainty under the insured is spreading increasingly. The finance portal geld.de informs what awaits customers in the event of the insolvency of their health insurance. Keep up on the field with thought-provoking pieces from Steffan Lehnhoff. Fears that ongoing treatments must be canceled, are unfounded. Even in the event of the closure of the relevant health insurance, all continuous actions is catered for the continuation. If necessary, the financing of appropriate services by other health insurance is applied. Typically, itself already approved treatments can be perceived also.

Only services that are outside the statutory framework, may be rejected by the new health insurance if they are not in their performance. About was closing of the health insurance be affected individually informed after publication in the Federal Gazette. Then the customer may choose of a new Fund. The insurance coverage even then retroactively in this case until the day of the closure of the old cash register, when the accession of the new cash until after one or two weeks. However it is recommended that already before the final bankruptcy corresponding provision (www.geld.de/ vorsorge.html) to meet and to inform of the other health insurers offer soon.