Cancellation: Bgh Gives Debeka Mostly Right
4 Articles
4 Articles
The Federal Court of Justice has at least partially ruled in favour of Debeka in the Storno dispute. Thus, the insurer's capital market-dependent cancellation clause is considered transparent and remains admissible. The court also confirms that the clause is suitable to protect the insured community from interest-driven terminations. read more
Tens of thousands of former Debeka customers, who had hoped for a quick refund of their cancellation fees, will have to continue to endure. The BGH has referred the proceedings back to the OLG Koblenz. Although the Karlsruhe judges did not reprimand the lack of transparency of the clauses – they consider the complex calculation model to be admissible – the substantive examination is still pending. The BGH ruling on cancellation fees: Debeka gain…
In the dispute between the Hamburg Consumer Centre and Debeka over a cancellation deduction in life insurance, the Federal Court of Justice (BGH) has given the insurer the right in many respects. The judges consider the deduction to be correct and the clause to be effective. However, the last word has not yet been spoken. The Federal Court of Justice has given Debeka the right in many respects© picture alliance/dpa The Federal Court of Justice h…
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