Practice Areas: Banking and Investors Law, Investment Law
Legal Tip of 10/07/2011
When bidding for the purchase of life insurance great caution. The offers promise in most cases a higher payment than the insured with their insurance company over the redemption value, etc. would get. The consideration i.e., the payment for the assignment of life insurance is not acted upon immediately and completely and accurately in most cases it is a high risk of a default risk. The payment of the purchase price will often be paid monthly stretched over many years. A security for future payments is not in most cases.
Some background may be mentioned that there was serious business and there, buy the life insurance. This market is for 3 to 4 years, dropping considerably, since the market has disappeared for resale to a large extent. This means that is purchased by a reputable company, not every life insurance. A reputable company immediately paid the amount paid for the assignment of life insurance. By the way it should be mentioned that these companies generally do not terminate the insurance but they operate with additional premium payments. As the only other alternative is left as the policyholder's life insurance fees prior to the end of its life insurance contract back through termination. The preservation of the so-called surrender value but often is not necessarily a "good deal" for the policyholder.
Saturday, December 10, 2011
Thursday, August 12, 2010
Skandia Investment Policy allows tax savings through a wall
ots.Audio: Skandia Investment Policy allows tax savings through a wall
Berlin (ots) - Proposal:
When saving and investment, the Germans are still very conservative: More than a quarter (28%) has a larger amount of at least 5,000 euros to the savings account, a money market account or simply as a cash home. One recent poll by the Forsa Institute shows representative on behalf of Skandia Life Insurance AG. Among the 45 - to 65-year-olds is as high as nearly 35%.
The study suggests: still great uncertainty dominates the investment decisions of private retail investors.
Those who opt for mutual funds as investment benefits from profit opportunities, flexibility and transparency. Tax has a depot compared to other pension but significant disadvantages for the tax rises since 2009 the so-called flat tax: 25% to current earnings, another 25% for each sale or exchange.
This fund changes are just for longer-term investments from time to time necessary, said Dr. Franz-Josef Leven from the German Institute for Share DAI is: "One of the motives to change the Fund that the fund from its investment focus ago no longer meets the expectations of the retail investor . As it would hold pretty well if you can say: They convinced me no more, I'd rather invest in South America, Russia or Europe. And can then change accordingly. "
Berlin (ots) - Proposal:
When saving and investment, the Germans are still very conservative: More than a quarter (28%) has a larger amount of at least 5,000 euros to the savings account, a money market account or simply as a cash home. One recent poll by the Forsa Institute shows representative on behalf of Skandia Life Insurance AG. Among the 45 - to 65-year-olds is as high as nearly 35%.
The study suggests: still great uncertainty dominates the investment decisions of private retail investors.
Those who opt for mutual funds as investment benefits from profit opportunities, flexibility and transparency. Tax has a depot compared to other pension but significant disadvantages for the tax rises since 2009 the so-called flat tax: 25% to current earnings, another 25% for each sale or exchange.
This fund changes are just for longer-term investments from time to time necessary, said Dr. Franz-Josef Leven from the German Institute for Share DAI is: "One of the motives to change the Fund that the fund from its investment focus ago no longer meets the expectations of the retail investor . As it would hold pretty well if you can say: They convinced me no more, I'd rather invest in South America, Russia or Europe. And can then change accordingly. "
Monday, August 9, 2010
life insurance benefits disputed
Referring to Den Hartog, the court observed that the Tenth Circuit gave a "thorough discussion" of the association provision in that opinion.
219 After that, the court concluded that the plaintiff failed to establish a prima facie case.220 The court framed the issue as being "whether the
defendant's denial of the plaintiff's request to participate in the spouse rider program constitute[d] an adverse employment action."221 The plaintiff argued that allowing his wife to participate in the spouse rider program was a "fringe benefit."222 Although the court acknowledged that the ADA and its regulations did indeed prohibit discrimination with respect to "fringe benefits,"223 the court concluded that such benefits were limited to "privileges such as health and life insurance benefits, retirement funds, profit-sharing, paid holidays and vacations, and sick leave."224 The plaintiff was unable to
219 After that, the court concluded that the plaintiff failed to establish a prima facie case.220 The court framed the issue as being "whether the
defendant's denial of the plaintiff's request to participate in the spouse rider program constitute[d] an adverse employment action."221 The plaintiff argued that allowing his wife to participate in the spouse rider program was a "fringe benefit."222 Although the court acknowledged that the ADA and its regulations did indeed prohibit discrimination with respect to "fringe benefits,"223 the court concluded that such benefits were limited to "privileges such as health and life insurance benefits, retirement funds, profit-sharing, paid holidays and vacations, and sick leave."224 The plaintiff was unable to
Wednesday, July 28, 2010
life insurance quotes
Information on life insurance quotes and policies will be discussed on this blog
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