Category: Insurance

The Corona pandemic presents an unprecedented challenge to business owners and decision makers. The measures to contain the spread of the virus have far-reaching implications for the economy and social development. Particularly in the area of labor law and tax issues, there are many uncertainties and new developments that business owners and decision makers must confront.
In this series of articles "Corona Legal 101" we highlight the key issues that business owners and decision makers need to be aware of in the era of COVID-19. Learn what legal rules and actions are important to protect the health of the workforce, minimize the economic impact, and avoid legal consequences.
We provide practical tips and information on topics such as employment law and home office arrangements, reduced hours and compensation, tax issues and support services. With our Corona Legal 101 series, we want to help you successfully navigate through the crisis period and thrive in the long run as well.

Labor law issues in the Corona crisis

The spread of the corona virus is leading to numerous employment law issues. Employers and employees are equally affected and need to adapt to the new challenges.

Parking damage can happen quickly: a careless door, a parking maneuver that’s too tight, or an unintentional collision in a confined space. When your vehicle is damaged, it can be not only annoying, but also expensive. Appropriate insurance can help defray the cost and minimize the damage in this case.

There are special insurance companies that specialize in parking damage claims. Parking damage insurance provides protection for your car or motorcycle if it is damaged in public parking lots or parking garages. In contrast to motor liability insurance, which only covers damage to third parties, parking damage insurance is a purely voluntary supplementary insurance that the policyholder must take out themselves.

On average, men pay more for their auto insurance than women. This phenomenon has been known for a long time and is also known as the gender gap in insurance premiums. Although some insurance companies have tried to close this gap in the past, there is still a significant discrepancy between premiums for male and female drivers.

The rationale for the higher premiums for men lies in the statistics. According to insurance companies, men cause more accidents on average than women and are also involved in more serious accidents. This results in a higher risk for insurance companies, which translates into higher premiums for men.

In times of low interest rates, many people are looking for a safe way to invest their money. One interesting option is a demand deposit account as an alternative to a checking account. This is an investment that is available daily and offers interest. But how exactly does the per diem account work? And what are the advantages and disadvantages?

In the following you will learn more about how the call money account works. We present you the most important information you should take into account when choosing a cash investment. We explain the advantages of the overnight deposit account and show you what to look out for to get the most out of your investment money.

There is hardly anything more frustrating than damage and accidents that should be covered by insurance but are not compensated by it. Although insurance companies are required to cover their customers, they still may not pay for a variety of reasons.

Whether it’s your own insurance or your opponent’s, if they don’t pay, it can lead to significant financial problems. Fortunately, however, there are steps you can take to challenge a missed payment and still get the money you need.