Good insured beginning of the semester - what students need insurance?

The study begins a new phase of life: enrollment, extract from the parental home, lectures, seminars, new people and situations. Later, some people like to think with nostalgia to the beautiful university life when they were still carefree and independent. In all the peace of mind of the student, but forgets all too quickly that he needs a certain amount of risk protection that is given is no longer necessarily the parents. According to the General Association of German Insurers (GDV) of Germans have six on average, and implement policies for just under 1,800 euros per year. Students on a tight budget can be such an expensive insurance policies, but funding is difficult. "Students should consider what insurance is for them to ensure meaningful and true to the premise of 'The Existential First' that the greatest risks are covered." Said insurance expert Thorsten Bohg toptarif.de consumer portal. "With an independent insurance comparison can each student with comprehensive information and decide on what assurances he initially waived and which are essential for their individual situation." Toptarif.de outlines the main insurance for students and explain what is risk protection where necessary and can save students. Generally, students are legally obliged to take out medical insurance. Until age 25 Year of life but they are also covered in the family insurance of their parents. After a student health insurance should be completed. This is under the age of 30th Years of age or 14 Semester. If parents have private insurance, students can also take out private health insurance into consideration. The contributions are higher, but also get many additional benefits. When traveling abroad semesters and is recommended also Insurance. This can be completed for a few euros a year and secures global health.

Important insurance for BU Graduates

A disability insurance is recommended especially for new teachers, because firstly, they can expect no protection to the legislator and the second, they are usually young and healthy and therefore pay less. According to the school and the education of each young man erstmal is glad that he got a job and thus earn more money as before, while the necessary safeguards are often forgotten. An important insurance just for new teachers is known to many as the BU insurance disability insurance. That many young people do not remember to complete a quick disability insurance is quite understandable, since many of the elderly are at an early age as little thought of disability insurance, like the youth today. Therefore, it is important to sensitize parents, grandpa or grandma young people for this issue. A hedge for new teachers is not yet and even if they are entitled to a disability pension is not enough for them to live well even remotely be able to. Anyone who is unable to work at a young age is then usually a case for the social welfare office. These are just young and healthy people usually pay much less than people who want only a 30 or 40 years, a BU to complete insurance, then even if they are still so healthy that they are accepted by the insurance. Often you have to ask around just how fast it goes that one incapacitated ird, this is in most cases not even an accident, but it is mostly diseases of the musculoskeletal system, or even heart disease. As with all insurance companies must also be compared to the disability insurance and who do not own a daily basis would be well advised to seek a professional. Firstly, the product is not only important but also the society in which we are assured, because if something happens to me I want disability insurance that pays well and not that I have to fight for years.

Tips for the change of car insurance

More and more German motorists to a recent study found that change their car insurance or at least the insurance rate. But the variety of rates and discounts is like a jungle. WELT ONLINE reveals what motorists should pay the insurance change. Female, single, garage Parker - The insurance discounts Photo: picture-alliance / dpa-tmn/Schierenbeck/Wenda Female, single, garage Parker: When changing the car insurance, insurance beckon with a variety of discounts. image.alttext more photos Quirky Signs The photos of the WORLD-ONLINE-user Registrar sedan New edition of the armored BMW 760 Li Volkswagen The R is the most powerful Golf ever Several hundred dollars a year in car insurance savings - that sounds tempting. The insurers are currently bar again with offers. This is reminiscent of the federal election campaign promises. And the information on fares is similarly complex as reading and understanding of party manifestos. Deadline for policy change is also in this year of the 30th November. Nearly one in three drivers in Germany plans by the end of the supplier or at least change the tariff. This is the result of a survey conducted by the VHV insurance. This was an increase by twelve percentage points over the previous year's examination 2008th VHV Insurance is one of the largest German automobile and general liability insurance. The provider or switch must have become more interesting in recent years because many insurers now have new achievements in the program that are not included in many of the old contracts. The survey, less than 1100 car owners has also indicated that about four fifths of respondents (82 percent) with the insurance or change of tariffs to achieve an improved discount protection - that protection against higher contributions for an injury the following year. Which provider best meets their own standards, but is not easy to calculate. And the providers done to make it more difficult for customers to comparison. While all insurance discounts for long, accident-free driving grant, but with varying conditions. Stiftung Warentest has published its latest car insurance comparison of the magazine Finanzttest "(Issue 11/09). It compares the prices of 160 companies against each other.

Solar system: Proper insurance against theft

Recently there have been frequent reports of thefts of solar installations, where thieves dismantle the equipment directly from the roof. The homeowner then wonder no bad thing if the insurance does not cover the theft of the solar system. Often the homeowners' insurance brings only limited protection. Solar Leipzig (red) - More and more homeowners opt for a solar system on your own roof. That can be rewarding financially, seem to have noticed even thieves and steal solar panels no longer only from warehouses and trucks, but also directly from the roof. Affected are then often nasty surprise, because the theft of a Sorlaranlage is not covered in the insurance for residential buildings in general. Residential buildings insurance does not qualify for any damage to Often the homeowners' insurance protects only limited solar and not against any danger. "The is basically related to homeowners insurance only for damage caused by fire, water, storm and hail," said Andrea Heyer, Insurance Expert of the Consumer Saxony. Thus it excludes - other than the insurance - not with a burglary and vandalism. Anyone who wishes to hedge against any risk of his solar system, must therefore take out special insurance photovoltaics, which is a so-called all-risk policy includes. "There are then covered all risks, except those that are expressly excluded, such as operational, for example by abrasion. Solar insurance costs vary significantly A premium for the insurance of a solar energy system depends on the size and the value and service to be provided the facility. It depends on the insurance coverage to all components that are needed for normal operation of the solar system. As with all insurance companies is also worthwhile here to compare because the costs vary significantly by provider, as reported by the Consumer Saxony.

Elaborate risk estimate for D & O insurance

Lawyers, brokers and insurers exert massive criticism of the new law regarding the appropriateness of executive compensation (forestay), adopted by the German parliament in mid-June this year. It's on 5 August 2009 entered into force. Through various schemes, the law is to ensure that when fixing the remuneration of directors continue to put greater incentives for sustainable corporate development. Also, it should be easier to cut salaries at the deteriorating situation of the company. In addition, through the forestay at D & O insurance companies, the agreement of a deductible for board members is mandatory. With the so-called directors 'and officers' liability (D & O) managers protect their companies against claims that may make the company itself or a third party to the manager because of a breach of duty. "Does a company is an insurance policy to hedge against risks of a board member from his professional activities for the company from a deductible of at least 10 percent of the damages provision at the rate of half times the fixed annual remuneration of board member," says the appropriate wording. For existing D & O insurance was a transitional period until 1 July 2010 granted. Until that time, these contracts to the new laws need to be adjusted. Die Anwendung des Gesetzes und dessen Interpretation ist derzeit noch mit vielen Fragezeichen versehen. "The law will pass the ultimate goal, as the board members will secure the future private. As a result, the whole leads to an insane bureaucracy," says Michael Hecker attorney specializing in insurance law from Munich. That the liability of the Board is not limited to, be harmful to the limited liability companies. "In the law it is to blind activism of the Federal Government is going to the demands of the market over," says Hecker. Obviously, the insurers do also difficult to calculate appropriate premiums for risk-and D & O insurance. "The calculation of insurance premiums is not transparent", Michael Hendricks, Düsseldorf lawyer and expert in D & O insurance. For DAX companies, the prices varied depending on the provider from 5000 to 50,000 euros. This price gouging would be detrimental to the whole market. "Some insurers have dropped quickly so-called deductible coverage on the market, without clarifying the many open questions to begin." Says Hendricks. All experts agree that a ban on self-insurance would be unconstitutional. From a "class struggle birth in the wake of the election campaign," says Mark English from the industrial insurer ACE in Frankfurt, which draws since the mid-nineties on the German market related risks. Risk-adequate premiums had been achieved in recent years, hardly more. As a consequence, ACE had withdrawn from the market, where a final price risk-taking was not possible. "This is a question of culture and the consequent risk underwriting and risk management," says Deutsch. One reason for the policy of a more conservative underwriting lies in the history of the insurer. ACE was founded in 1985 with headquarters in the Cayman Islands by a consortium of 34 companies. Since one years ACE operates as a limited company under Swiss law. The risk estimate for D & O insurance is made up of several components. The, including profitability and the level of indebtedness of the company, the maturity of debts, the liquidity situation and the quality of management. As part of a balance sheet analysis, the insurance risk managers to raise the performance of the last three years. Moreover, the assessment of an industry positioning, and possibly the inclusion of external ratings. Thus the burden on the insurer is relatively high. "There are, however, the premiums for years in the descent, there is currently no healthy competition," says Dankwart of Schultzendorff, head of the ACE for the countries Germany, Austria and Switzerland. There Schultzendorff of mind that the bottom line is the entire insurance industry must pay for it collectively, if not calculate individual account of risk insurance.

Canada - tax haven?

The newspaper La Presse tells us this morning that Mr. Bernie Ecclestone Revenue Canada requires a written assurance of a federal tax exemption on the $ 75 million to receive the three levels of government over five years for the return of Grand Prix Montreal. Mr Ecclestone does not pay tax in Canada because his company - Formula One Management - is a British company. It suggests that it must pay taxes anyway in Great Britain. What is it exactly?

There is a tax treaty between Canada and the United Kingdom under which a Canadian taxpayer, who receives income on which we made deductions at source in the UK, can reduce all the taxes it must pay in Canada. The same goes for British taxpayers like Mr. Ecclestone. It can reduce the taxes it must pay to the British Government a sum equal to the amount withheld by Revenue Canada. Why, then, requires Mr. Ecclestone does not pay Canadian tax on income that will affect here? Did he act of patriotism by paying taxes to the British government? If the British company was incorporated in a tax haven which would protect the tax, it would be in the interest of Mr Ecclestone to avoid any deduction at source since it could not deduct the tax so withheld the amount he should give the government that has jurisdiction over Formula One Management. There, within the United Kingdom, tax havens. The company Formula One Management is owned by Delta Topco, a company incorporated in Jersey, a tax haven of the British Isles. The shareholders of this company are funds managed by CVC Capital Partners (70%), by JP Morgan (20%) and the entourage of Bernie Eclestone (10%). The head office of CVC Capital Partners is in Luxembourg, another tax haven. How the Government of Canada can accept the request from Bernie Ecclestone and continue its hunt for tax havens?

ECONOMICS, FINANCE, BANKING, INSURANCE

APRIL Premium Specialist car insurance and home insurance premium, and monabanq. The new generation bank, have partnered to develop the "Exclusive Auto Pack" offer of credit and insurance for motor vehicles and lately. Distributed by insurance brokers, the "Pack Exclusive Auto" allows brokers APRIL partners to offer both the financing, insurance, assistance and a range of services. The "Pack Exclusive Auto" offers this contract a loan outstanding which is distinguished by:

 very competitive rates (from 4.75%) over periods of 1 year to 6 years

 financing 100% of the vehicle (up to 50 000 €)

 the absence of fees and penalties for early repayment

 emission free financing bank check.

In insurance, guarantees are those of the contract "Standing Models" APRIL Premium. An all-risk guarantees to meet the needs of customers with strong purchasing power as:

 replacement vehicle purchase price (nine) for 12 months

 extensive safeguards in case of theft: no deductible for theft by aggression (the practice of car-jacking is more prevalent on vehicles very coveted), support the flight, even in cases where the keys happened to be on the vehicle ... and taking care of personal effects up to 1000 €,

 high security driver up to 300 K €.

The proposed contract also guarantees high quality assistance:

 the loan of a replacement vehicle of equivalent category over 40 days in case of theft,

 support repair of the vehicle in case of accidents in the garages of the mark

 assistance without excess mileage: the insured benefits of the latter where it is and for many reasons: out of gas, battery failure, error of fuel, flat tires, lost or stolen keys ...

 APRIL Premium teams wear special attention to their policyholders to help them to prepare such a route, knowing the condition of traffic or service stations open at night.

Finally, the "Exclusive Auto Pack" comes with services such as free subscription to the Liber-T, also allowing access to parking Vinci legal protection premium, etc..

"We wanted to offer brokers the opportunity to distribute both products for insurance and banking. This is a long time player of the insurance was not interested in the credit market in the automotive field. We believe that this is a new opportunity for brokers, for Marc Lanvin, CEO OF APRIL Premium. "Monabanq. Premium and APRIL share the same values of customer service, innovation and quality. It is therefore natural that this partnership could be built. Once again we combine relational proximity, carried this time by brokers APRIL Premium partners and the quality of our service for remote management of this offer, "says Alain Colin, Managing Director of monabanq

3 keys to better understand the reform of health insurance in the United States

The reform of health insurance is currently paralyzing America: it sharply divides the U.S. population, it consumes a lot of political credit to Barack Obama, who sees his leadership questioned, and it provides a new impetus to Republicans until then barely visible on the political scene. From Europe, we consider especially the images of these American citizens showing signs in hand against the hand-up "socialist-Marxist" the U.S. government. We wonder, puzzled about what motivates Americans to fight hard against any reform that would both improve access to care and lower costs of an expensive medicine. But the debate is elsewhere. Here are some keys to understanding why the opposition to this reform is so strong, why the process is so complicated and what are the solutions to overcome the impasse. Different elements specific to the values and foundations of the United States are parasitizing the debate on health insurance.

On the one hand, Americans are afraid that their reform removes a fundamental right: the power to choose. The Republican propaganda to believe that the government require every citizen the doctor that he should see that fly in a country where freedom of choice is at the heart of its foundations. More generally, many Americans - especially the conservatives, who are, do not forget, still very numerous (1) - think the government did not decide whether an individual must be uninsured or .

The Americans also fear that increasing taxes and the federal deficit worse. Using the argument of the 46 million uninsured Americans to defend his plan, Barack Obama has raised many concerns about the cost of this reform. If he had started by putting forward the objective of cost reduction (which may ultimately make health care more affordable), the project would have generated less resistance.

The fear that the government acquires too much power also has the disadvantage of the reform. In general, Americans are reluctant to the idea of a law that would give the federal government the power to regulate an issue related to privacy.

It should be noted that the opposition comes not only from Republican ranks. Democrats are also opposed to this reform, particularly in southern states, more conservative and in favor of fiscal discipline (called Blue Dog Democrats). The elected Democrats in the South have indeed a conservative electorate and can not pass laws "too liberal" or risk losing their seats in the forthcoming elections. Having already supported a liberal reform, the energy (cap-and-trade), they probably do not support the Health Insurance.

Opposition to the reform of health insurance is very strong in the Republican Party and the South, where racial issues are still very pregnant. This can lead to wonder, as indeed is Jimmy Carter, if the arguments of opponents of this reform are primarily political or ideological.

During the election campaign, Barack Obama said he wanted to pursue an ambitious reform of health insurance, among other things, establish a mandatory public option. But it is the Congress that it is now drafting a law that will both please the voters and the president.

Each chamber of Congress has in its committees in charge of studying specific reform proposals and amend if necessary before the plenary vote. In the U.S., these committees are particularly powerful.

For a reform as complex as health insurance, several committees were mobilized three committees of the House of Representatives (Energy & Commerce, Ways and Means and Education and Labor) have begun to develop three different versions in spring 2009. On July 14, 2009, they proposed a joint text, subject to amendments. The text must be approved by a simple majority.

In the Senate, two committees are in charge of reform. The first (Health, Education, Labor and Pensions, more known as HELP) has announced its version of the law July 15, 2009. The second (Senate Finance Committee) has proposed a more conservative version September 16, 2009 (the Baucus Bill) version currently under discussion. The debate could last as more than 500 amendments were tabled. Both versions of the Senate must then merge into a final text that the Senators should approve by a simple majority.

The final text of the House of Representatives and the Senate's final version will then be merged by a bicameral committee on a bill, which must be approved by all members of each chamber and then by the President.

It is understood, it is a race against time that is now underway in Congress since the President would see the law adopted before the end of the year and that the Republicans will do everything to delay the vote. One of the rules governing the work of parliamentarians would allow to close the debate quickly and move on. In the House of Representatives, he need to do is get a simple majority. In the Senate, however, must obtain the majority of 3 / 5, the famous 60 votes that the Democrats are desperate to get to prevent the debate drags on. It is therefore to invoke "cloture" to end the filibuster, the filibuster by the opposition used to delay a vote on a law.

The majority in the House of Representatives can be obtained with the support of Democrats Blue Dogs, who hold 45 seats (2). In the Senate, besides the weight of the Blue Dogs, the seat of Ted Kennedy has still not been replaced, thus denying the Democrats the 60 votes. Without those 60 votes, Republicans may continue to prolong the debate for a long time. The time is for them because it allows them to consolidate the opposition to reform, to disrupt Barack Obama and to challenge the parliamentarians will have to appear before voters in fall 2010.

Ultimately, October 10th Congress opens next procedure "budget reconciliation" (budget reconciliation process): this date, the rule of 3 / 5 (and thus the filibuster) is suspended in the Senate so that all laws that impact on the budget (acts involving or affecting federal spending to taxes) are passed in time before the budget vote (in this case, the 2010 budget). With this procedure, the number of amendments and limited debate ended after 20 hours. For Democrats, this would be a way out, certainly not glorious, but practical.However, this procedure is not without risk. It could raise one hand the ire of opponents of reform, private discussion. On the other hand, if the reform goes through this procedure, it would have to be revotée each year (the budget). One can understand the opponents of reform do their utmost to ensure that the health insurance plan is not renewed next year. In addition, it will not be a radical reform, because enough not to vote again for it to clear.

The dilemma is as great to spend the Democrats will have to make some concessions, including the famous "public option". On 29 September the Senate Finance Commitee moreover rejected amendments to include an option in public law, so that the project supports the greatest possible senators and quickly put an end to the filibuster (3). But without this public option, the reform of health insurance Obama is not revolutionary. The most progressive aspects of the reform are likely to disappear for it to be passed by Congress.

The question is whether Barack Obama, resolutely decided to include a "public option" in its reform, will agree to sign a bill whose ambitions would be downgraded?

A draft public health insurance in the U.S. Senate rejected

The Committee on Finance U.S. Senate rejected, Tuesday, September 29, a bill introduced by Sen. Jay Rockefeller (West Virginia) aimed at establishing a public health insurance available to all Americans, as part of the establishment of health protection "universal", a central element of the program on which Barack Obama was elected. The committee rejected this proposal by 15 votes against 8. Its 10 members are all Republicans opposed it. They were joined by 5 of the 13 Democrats, including Sen. Max Baucus, Montana and elected chairman of the committee. He had recently seen its own project of "bipartisan compromise" unanimously rejected by the Republicans. All opponents of the project cited the fact that such public health insurance by offering lower prices, competition would be "unfair" to the private sector.

France-Insurance - Caution must remain strict -

If the insurance industry has managed to maintain solvency levels "sufficient" although decreasing in 2008, the crisis is not over and the industry must remain vigilant, says the Authority control and mutual insurance (CAMA). "We must remain vigilant. The behavior of insurers are not always careful and the crisis is not over," warned Monday Philippe Jurgensen, President of the CMAA, at a conference organized by body sector control. "There is no question of being worried. But we have every reason to be cautious," he added. The solvency margin of insurance has certainly suffered from the decline in assets in 2008 but has remained under Acam at levels "sufficient". "Finally, the results in 2008 (which fell by 18.5% on average) were not so bad, thanks to smoothing techniques allowed by the use of previously established margins," said Antoine Mantel, Secretary General CAMA.

CAMA, which has strengthened throughout the crisis testing his strength on the players insurance, also established a weekly survey on monitoring flows into life insurance, intended to eventually be able to anticipate a wave of Massive redemptions contracts. "In October 2008, the redemption rate was nearly double what it is on average (4% -5%), which was not really a wave of takeovers per se. And the movement has fallen very quickly, "said Marie-Laure Dreyfuss, Director of Cabinet of Secretary General of the CMAA. In early 2009, this rate had returned to average levels and it is now below the 2007 level, she said. The gross weekly collection, meanwhile, now well above that of 2008. The regulatory body also said to have estimated at 1.0 billion euros in total exposure to direct and indirect business to Lehman Brothers (only 0.1% of assets), to 1.5 billion exposure to AIG (0.3% of assets) and 550 million exposure to UCITS impacted by case Madoff.

Pay as you drive auto insurance or tailor-made

Unlike traditional car insurance, the PAYD or "pay as you drive" insurance is highly personalized. Instead of a plan year, the insured pays only for the miles he has done.
Pay As You Drive "* This expression is English because the offer has been designed in the United States in 1996. The objective was to reduce the auto insurance customers by not making them pay the actual use of their vehicle. This new type of tailor-made insurance was particularly developed in England and Italy between 2004 and 2006. In France, the Maaf tried placing on the market in 2005. But she ran into the Computing and Freedom Commission (CNIL), the latter believing that the data transmitted by the electronic box installed on the car of the insured were too intrusive. Insurance companies therefore improve the procedure and in 2007, Axa obtains authorization from the CNIL development of PAYD in France. Today the number of insurers offer, including Amaguiz (Groupama), Axa, the Maaf, Solly Azar broker or Aviva. Pay as you drive allows the insured to pay only for the miles he has done. It may well benefit from a reduction in the rate of its auto insurance 20 to 50%. In some countries, insurers set their prices according to various parameters (miles driven, type of road used, speed ...). In France, the CNIL has imposed restrictions: most insurance companies do not take into account the distance and sometimes time of day during which the vehicle was used. The broker Solly Azar offering insurance for young drivers, for example, included in its offer for a limited night driving. Each vehicle use between one and six o'clock in the morning, the insured must pay 20 euros extra. In case of collections of data traffic over large operators, they must "not be associated with a particular driver," says the Cni

Can you recover the money lost on the stock exchange on life insurance?

The life insurance contracts whose value has fallen contracts are so-called "multichannel" with units of account invested in stock market, and then indexed on the evolution of financial markets. If you have lost money on a contract of this type, two actions are possible. First, the contract may be canceled if the insurance company has not issued any information provided by law, including special conditions. Indeed, the subscriber has the option to abandon within 30 days after delivery of all documents. The law provides that this period is indefinitely deferred until all the information required by law has not been given to the insured. The cases in which insurers have not fulfilled their obligations are common, especially for contracts prior to 1 May 2006.
In canceling the contract, the insured will get the full amounts paid and therefore the losses and underwriting fees and interest.
The alternative is to order the insurer to pay for losses if it failed in its duty to provide information and advice. This is particularly the case when the client was advised improperly or when he was mistaken about the essential nature of the contract. For example, when a person has been encouraged to invest in units of account as prudence required it to focus instead on euro fund or if the insurer has not complied with the direction of an insured asking him 'steer money to the fund in euros. Or if the profile management (risky, cautious or balanced) announced during the underwriting contract was not fulfilled.

Insurance borrower / Minutes: UFC-Que CHOOSE winner of 93 banks

Believing that the UFC-Que Choisir had abused the freedom of expression, 93 banks were assigned July 13, 2007, the association, its President, Editor in Chief and two of its employees.
By a ruling of September 23, 2009 subject to appeal, the Board of the Press Tribunal de Grande Instance of Paris ruled against banks of all their requests. Eight domestic banks have even been sentenced to pay to the UFC-Que Choisir and each employee in question, several hundred dollars in reimbursement of legal costs incurred. The court ruled that the evidence produced in court by the association showed that it had elements of investigation and serious consideration, such university, court decisions and internal documents to the banks on the legality assemblies in place. Judges also felt that the intensity of some of the remarks did not exceed the permissible limits of freedom of expression and were justified by the legitimate aim pursued by the association and the general interest of the case.

This decision reinforces the action of UFC-Que Choisir:
- To punish the excesses of the past, the association sued in May 2007 the NPC and the Savings Bank in order to judge the illegality of these practices. These actions are still ongoing but should, if they lead to favorable judgments, can be used by consumers to claim compensation.
- To rebalance the future the insurance market borrower, UFC-Que Choisir took the Competition Authority. Notice must be made very soon.
- Following the action of UFC-Que Choisir, Christine Lagarde has undertaken to improve the functioning of competition in this market. A provision of the bill reforming the credit passed the Senate in June and discussed shortly in the National Assembly, plans to let consumers choose their insurance contract. The UFC-Que Choisir hopes that its intervention will remedy the shortcomings identified in this market.

Life Insurance: 100% euro or a little action?

A good balance between investment and monetary units of account may be safer than any contract in euros. At the end of last year, deemed secure compartments of life had drained 1,000 billion euros, equivalent to the market capitalization of the Paris! While the units of account, a priori more risky, because they contain including stocks, accounted for only 182 billion. The stock market crash of 2008 caused a massive migration of savings into cash. Reaction understandable individual investors wanted to secure their assets. But in doing so, they have not forgotten too quickly to judge an investment over time? A contract of life insurance used to fund projects of long-term increase his pension to his family immune from difficulties. To address these needs, return on investment mainly cash may prove insufficient.
Security, but at what price? The contract says euro provides a certain security level of capital invested. Insurers must comply vis-à-vis policyholders commitment to reimburse the amount of savings invested at maturity of the contract (net of management fees). That's why managers invest mostly drained of capital to debt. However, the interest rate of the latter are also more profitable than before. In many contracts, reserves of any hidden thing of the past. Indeed, this explains why yields are so disparate from one company to another. If the most efficient yet provide between 4% and 5%, the least attractive already leveled off at around 3.5%. And it's not over! For surprises are expected in 2010.

Moreover, if inflation should return, interest rates are expected to go up to the curb. The low-rate bonds, as they are issued these days, will become obsolete. Unfortunately, they are the ones who feed the contracts currently undertaken. The second family of contracts, said that units of account, are a minority in the overall collection. This is simply because they are indexed to the performance of equities, said in substance Stéphane Girardot, Marketing Director of Sal. Oppenheim. And observe: "Do you know the future direction of the CAC 40? Watch the movements of subscription contracts in life insurance." When investment shares are higher, attention, stock markets will fall. Conversely, if the lowest is that the recovery is near!

Distrust of investors for financial markets is understandable. Stéphane Girardot considered the case of an unfortunate who have subscribed, March 7, 2001, a contract exclusively invested in equities. If he has loosened the legal issue, March 7, 2009, he has lost an annual average of 6.45%. In other words, for a bet of 100, it recovers only 58. However, this scenario is the worst of all those computers could grind. Otherwise, the median performance stands at 9.16%, which will double the capital in eight years. The best contract observed on eight carries a performance by 400%. Three quarters show a gain of 70%. And to return as unlucky, he might cancel his loss by applying its investments as follows: 61% euro and 39% in equities.
The ideal combination It is not necessary to be fully invested in equities to capture performance. A reasonable proportion sufficient to ensure safe gain. However, many life events can occur before the normal expiry of a contract. If the savings must be liquidated prematurely, and that just as a typhoon falls on stock markets, he must know how to fix the threshold limit of what someone is willing to lose. If tolerance does not exceed 15%, it is necessary, as calculated by Stéphane Girardot, opt for a mix 70% euro and 30% shares. With such distribution of assets, a contract product in the worst case a cons-performance minus 13%. But in the best case scenario, it is a gain of 173,000 euros, from an investment of 100,000 euros. Investors can therefore safely increase the proportion of equities in their contracts. Paradoxically, they are less likely than remaining exclusively invested in bonds and cash

News Personal Finance Insurance

Contracts of life insurance units of account or multichannel are now exempt from social taxes from 12.1% (CSG, social levy of 2% and additional contribution) when they come undone by the death of insured. The bill funding the Social Security (PLFSS) released today, concludes that exception. In the future, the insurer shall, before paying the death benefit to (x) Beneficiaries (s), subtract 12.1% of the gains made under the social taxes paid to be paid to Social Security. Recipe expected: 270 million euros. This will have "a financial impact in 2010," reads the PLFSS, it should be applicable in 2010 for all contracts multichannel who unwind by the death of the insured.
The termination of the contract by the death was the last exception to the rule. In all other cases, samples of 12.1% on earnings was due: to each withdrawal on multichannel and contracts each year when the "Register of interests into account, for contracts to support single euro.

Driving without insurance and not stood at the altar. Arrested

The Carabinieri of Gazza and Bordonaro, with the support of a platoon of mobile core of Messina, arrested in the late afternoon yesterday, for violence, resistance and injury to a public official, Marcello Smedile, 37 years. While they were conducting a checkpoint along the Strada Comunale di Bordonaro, they noticed a motorcyclist at the sight of soldiers the Army has avoided taking control manovra.Un gesture that has not escaped the Carabinieri who were intercepted shortly after.
As soon as they neared, the soldiers were attacked and pushed kicking and punching the thirty-seven who fled. The youth was later arrested by Police at home. The investigations carried out showed that the medium on which he was traveling without a coupon Smedile insurance.

Car insurance, more and more interest in online estimates

Many Italian drivers now have discovered the Internet as a means to save on your car insurance. Genialloyd, Zurich, Linear and other leading insurance agencies have embraced the philosophy of low cost online, offering sites from which buying a policy for their car, (almost) always advantageous rates than traditional agencies.
But sometimes, even with the Internet, the situation is far from clear, and it is banal disentangle between the various quotes online. For this I am born of sites that offer a comparison between the various insurance policies offered online brokers that allow you to save time and get a quick identification of the policy cheaper from the data provided. After 6sicuro.it, is now also available on site Assicurazione.it, which compares for you the costs ofvarious auto insurance policies. Too bad that in our case, every attempt to get a quote online collided with the software of the site, showing how bad the town of birth and residence was added ...

Insurance arrives in the bank. Born Protection House, the new bill of Cariparma FriulAdria household PDF

Protection is called the new House bill of Crédit Agricole Assicurazioni dedicated to owners and tenants of buildings for residential use. And protects property values and property content, through a global multi-risk coverage.
The pricing is based on meter-square: the prize is calculated simply on the basis of data reported by the customer. The formula packet includes four lines of supply - small, medium, big, flat - growing in the guarantees and coverage (eg fire and explosion of the building, household accidents, theft, center for help with emergency services). In particular, the line offers the guarantee maxi "Enhancement to New," which offers complete protection for all goods more expensive in order to prevent them losing their value over time.
The package also includes a facility dedicated to the settlement of claims: With a simple phone call to the insured will have a consultant at his disposal. The project comes from the synergy with the Group Crédit Agricole, who wanted to replicate the model in Italy has already been applied successfully in France for which the Bank with its network of transmission becomes the insurance company. Security House, in fact, may be signed at all branches of Cariparma and FriulAdria, with the ability to choose to pay by debit from bank account (how RID). "Cariparma and FriulAdria are among the few Italian banks not to offer insurance products manufactured by third parties but within the Group. - Says Tullio Cianciolo, Head of Retail FriulAdria - Our plan provides for the coming months the extended range also the protection of the person. The project objective is to provide an offer of insurance damage perfectly integrated with world class service first class. "

Compulsory insurance of health care: in 2010, premiums for adults with basic allowance will increase by an average of 8, 7 percent

The health insurers will increase premiums for adults with basic relief on average 8, 7 per cent, throughout the national territory. Depending on the canton, the increase is between 3.6% and 14.6%.
In 6 cantons (BS, GE, JU, NE, TI, VD) increase in premiums falls below the national average at between 3.6% and 7.7%. In 6 other cantons (FR, GL, SH, TG, VS, ZH), the increase in the range of 8, 5% and 10.0% fall in average increases in premiums. In the remaining 14 cantons (AG, AI, AR, BE, BL, GR, LU, NW, OW, SG, SO, SZ, UR, ZG) the rise in premiums for 2010 is above average and varies from 10.2 % to 14.6%. The premium increases lower than the average leading to the decrease of reserves in these cantons, thus targeting the harmonization of reserves computational cantonal, and indeed called for by Parliament.
While the 10% increase in premiums for minors is only slightly higher than premiums for adults, young adults are facing main increase of 13.7%. The reason is that many insurers have limited the reduction of premiums for young adults.

The Federal Council has reduced the reductions for the optional exemptions from 80% to 70%. The implementation of this provision leads many insurers to lower cuts on the exemption option for 2010, with the result that premiums for higher deductibles increased more.

The increase in premiums for 2010 is lower than expected FOPH this spring, since in the meantime, the Federal Council decided on measures to reduce costs in the field of medicines (prepared original, generic, lower part of its distribution) and that, as you know, financial markets have recovered, even more than predicted in the spring.

Information to policyholders
By the end of October 2009, health insurance companies will have to communicate individually with its affiliates who hold the new basic insurance premiums, the deductibles and the proposed premium reductions granted since 2010. For their part, policy holders will have until the end of November 2009 to terminate the contract with their insurance or to choose another form of insurance.

Service awards BAG
Until 31 October 2009, the insurers to notify their members individual premiums for 2010. Policyholders can obtain information via the Internet at www.premi.admin.ch or order a document of the 2010 awards in printed form (see below opportunity to order).
1. Overview of the 2010 awards
To policyholders who wish to confront the changing health insurance premiums 2010 or the Health Office provides the "Overview of 2010 awards. This overview can be obtained in electronic form or hard copy. It lists the premiums charged by all health insurance companies and provides other information.
Directions to compare electronic prizes: at www.premi.admin.ch is available to policyholders a premium calculator that includes all the premiums charged by health insurers for basic framework, approved by the FOPH for 2010. In addition to the awards with the excess base, the computer can also compare the premiums and the models with optional deductible insurance with limited choice of service providers (HMO, "family doctors" and other models) in the respective regions and the D ' age of the insured person.

2. Advice premiums
The BAG also offers policyholders the address www.premi.admin.ch, the document 'Advice on premiums, "with information and advice on saving opportunities, as well as patterns of letters.

Insurance Protection for holders Rider Harley-Davidson and Buell

Guided un'Harley-Davidson or a Buell? Then the insurance Protection Rider can do for you. This is an insurance product developed in collaboration with the company RSA (Royal & Sunalliance), which according to the American home can obtain favorable rates on coverage for civil liability and theft and fire. Ainoltre the bill provides for the possibility of providing all the accessories firmly fixed on the bike, which is certainly intereressante seen that the majority of HD is heavily modified and equipped by the owners.
The policy provides a fixed rate, which varies only during a change of province of residence dell'intestatario without taking into account other parameters, and has a ceiling of 3 million euros without bonus-malus. Other services to complement the policy base are protection against accidents of the driver, roadside assistance and legal protection.
If you buy an insurance policy for theft and fire, the customer will enjoy the overdraft zero, which is equivalent to a full refund with no deductible. In the case of new bikes is also repaid within the first six months of purchase the entire value of the medium.

Taxation for certain contracts for life insurance

The submission to the payroll taxes of certain contracts of life insurance will be included in financing plan for Social Security (PLFSS) to be presented Thursday at the National Assembly, said on Wednesday the Minister of Budget.
Under the Social Security Financing Bill, "we will broaden the participation of capital income to finance social protection," said Eric Woerth, during a meeting with journalists. The government wants to submit to social charges (CSG and CRDS) contracts multichannel units of account whose capital was exempt from CSG and CRDS (12.1%) for death.
"I think the CSG on contracts for life insurance multichannel Death (...) If you do not die there CSG, if you die there is no CSG, find the error "said the minister. The expected revenue would amount to 270 million euros, according to the press.
While the French Federation of Insurance Companies (FFSA) has not yet responded, the French association for savings and retirement (Afer) was made immediately heard through an open letter to President Republic published in the press.

The first association of French investors protested against a proposed "legally inconsistent" and asks the president "does not change the rules along the way." "You are personally committed to keeping your promises (...) not to return to the permanent tax and social insurance-life," the president of Afer, Gerard Bekerman, who recalls that 12 million French are insured "to build capital retirement.

"They've trusted (...) They will trust you (...) Just to keep this treasure, this trust to enforce the commitments you have made," he concludes.

La Financière agricole sinking into deficit

La Financière agricole, a provincial Crown corporation that specializes in loans and insurance for its sector, saw its deficit rise to $ 1.5 billion at the end of the 2008-09 biennium due to the particular problems of the Hog Industry .
The deficit is widening in recent years is largely due to problems of insurance program farm income stabilization (ASRA).
ASRA encroaching on 69% of funds of the corporation. The program has been $ 835.6 million in compensation - $ 433 million for the pork industry - against $ 767.7 million in contributions.
Disbursements are costly to taxpayers because the program is funded by third farmers and the rest is borne by the Agricultural Finance, which receives contributions from Quebec and Ottawa.
Towards crop insurance, which responds to unexpected afflicting crops, compensation totaled $ 79.8 million while contributions were limited to 68.8 million. La Financière agricole attributes these results to poor harvests hay, affected by a less favorable climate last year.
Insurance income stabilization for farmers is questioned in recent years. In February, Michel Saint-Pierre in Quebec handed a report entitled A new generation of financial support programs for agriculture. He suggested a restructuring that would raise the contribution of the largest agricultural companies, firms derive less efficient the system and decrease the risk assumed by the state. The changes also would force entrepreneurs to manage their production according to market dynamics.

In addition to problems in insurance, the stock of the Financière agricole has been affected by the lackluster results of the Caisse de depot et placement du Quebec. The performance of the Insurance Fund loans for agriculture and forestry was -17.69% for its fiscal year. The Fund crop insurance, it has suffered a decline of 23.95%.

To date, organizations such as the Federation of Pork Producers and the Union of Agricultural Producers have come to the defense of insurance programs and the economic activity generated by the industry. Silver has contacted representatives of the Agricultural Financial, who chose not to comment on the situation. Created in 2001, the Agricultural Financial maintains relationships with over 26 000 companies. Its portfolio insurance covers $ 5 billion in value while the loan covering $ 4.3 billion in assets.

Life Insurance: subscriptions in 2009 did not offset the decline in 2008

Since the beginning of the year, contributions in life insurance (92.8 billion) grew 9% over the same period in 2008, but still 3% lower than those of 2007 , said the French Federation of Insurance Companies (FFSA). In late August, the payments on the media in euros, still growing, attracted 81.1 billion euros, while payments on the media unit of account (11.7 billion) are still declining.

Health insurance: 4.1% Increase in Geneva

The insurance premiums of Geneva will increase by 4.1% next year for adults, according to figures newly published by the Federal Office of Public Health. On average, adults will pay 435 francs a month for basic insurance. The increase will be much saltier for young adults between 19 and 25 years (7.8%, to 374 francs). For children, the increase is 6.1%, to 101.50 francs. State Councilor Pierre-François Unger, who demanded an increase of zero or 1%, has not been heard. After Basel City, Canton Geneva remains the most expensive in Switzerland. Small consolation: health insurance premiums will rise more slowly than the national average: 8.7% for adults, 13.7% for young adults 19-25 years, 10% for child

A draft public health insurance in the U.S. Senate rejected

The Committee on Finance U.S. Senate rejected, Tuesday, September 29, a bill introduced by Sen. Jay Rockefeller aimed at establishing a public health insurance available to all Americans, as part of the establishment of health protection "universal", a central element of the program on which Barack Obama was elected. The committee rejected this proposal by 15 votes against 8. Its 10 members are all Republicans opposed it. They were joined by 5 of the 13 Democrats, including Sen. Max Baucus, Montana and elected chairman of the committee. He had recently seen its own project of "bipartisan compromise" unanimously rejected by the Republicans. All opponents of the project cited the fact that such public health insurance by offering lower prices, competition would be "unfair" to the private sector.