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AM Versicherungsmakler

Insurance, Germany, Bavaria, Munich

AM Versicherungsmakler provides expert insurance brokerage and consulting services, ensuring clients are protected and prepared for any unforeseen events.

About AM Versicherungsmakler

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
Germany, Bavaria, Munich
Official Website
http://www.am-versicherungsmakler.de
Location Address Official Phone Email
Germany, Bavaria, Munich Germany, Bavaria, Munich **** ****
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FAQs – AM Versicherungsmakler

What is an endorsement (rider) in an insurance policy?

An endorsement (rider) is an amendment to an insurance policy that modifies the coverage by adding, restricting, or excluding certain terms. It allows policyholders to customize their policies to better fit their needs without purchasing a new policy.


What impact will blockchain have on traditional banking?

Blockchain has the potential to disrupt traditional banking by enabling peer-to-peer transactions without the need for intermediaries. It could lower transaction fees, enhance security, and streamline banking operations. Additionally, decentralized finance (DeFi) systems built on blockchain could provide an alternative to traditional banking products like loans, insurance, and savings accounts.


Do deductibles apply to medical insurance?

Yes, in health insurance, deductibles must be met before coverage for medical expenses, except for certain preventive services, begins.


What is medical travel insurance?

Medical travel insurance is a policy that covers healthcare expenses incurred while traveling. It includes emergency medical treatment, hospitalization, and sometimes evacuation. It ensures travelers are protected from high medical costs in case of illness or injury abroad.


What happens if I drive without third-party insurance?

Driving without third-party insurance can result in legal penalties, fines, license suspension, or even imprisonment, depending on local laws. It also exposes you to significant financial liability.


What is the impact of a lapse on term life insurance?

A lapse in term life insurance results in the complete loss of coverage, with no refunds or benefits unless the policy is reinstated.


What is the purpose of data protection laws?

Data protection laws, such as the GDPR and CCPA, safeguard individuals’ personal data from misuse. They establish guidelines on how businesses collect, store, and process data, ensuring privacy and security for users.


How is the indemnity amount calculated?

The indemnity amount is calculated based on the actual financial loss suffered, considering policy limits, deductibles, and depreciation, if applicable.


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