Legal Lexicon

Versicherungsvertrag

Principle of Coverage

The principle of coverage regulates how costs are allocated according to their cause. Discover how it enables companies to manage efficiently! Learn more now.

Occupational Disability

Occupational disability means being unable to perform your profession due to illness or accident. Learn more about causes, consequences, and protection options!

Motor Vehicle Liability Insurance

Motor vehicle liability insurance covers third-party damages in accidents. Learn why it is mandatory and when it provides protection – your safeguard in road traffic!

Insurance Fraud

Insurance fraud describes deliberate deception to obtain insurance benefits unlawfully. Learn more about the types and consequences in the article!

Underwriter

An underwriter assesses and assumes risks, for example in insurance or stocks. Learn more about their important role in the financial sector!

Deductible

Deductible is the excess in insurance that the insured pays before reimbursement. Learn more about its advantages and how it works in the article!