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AXA Kontor GmbH

Insurance, Germany, Berlin, Berlin

AXA Kontor GmbH: Leading insurance provider offering comprehensive coverage and expert financial advice to protect what matters most. Trust us for peace of mind.

About AXA Kontor GmbH

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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
Official Website
http://www.axa-kontor.de
Location Address Official Phone Email
Germany Germany, Berlin, Berlin **** ****
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FAQs – AXA Kontor GmbH

What are the environmental concerns related to blockchain?

Blockchain, especially proof-of-work (PoW) systems like Bitcoin, consumes vast amounts of energy due to mining activities. The high computational power required for transaction verification leads to carbon emissions. However, alternatives like proof-of-stake (PoS) and energy-efficient blockchains are being developed to address environmental concerns.


What is an insurance premium?

An insurance premium is the amount you pay to an insurance company in exchange for coverage. It can be paid monthly, quarterly, semi-annually, or annually, depending on the policy terms.


Does federal disaster assistance replace flood insurance?

No, federal disaster aid is only available if a flood is declared a disaster, and it usually comes as a low-interest loan, not full compensation.


What factors affect term insurance premiums?

Several factors determine the cost of a term insurance premium, including the policyholder’s age, health condition, lifestyle habits (such as smoking or alcohol consumption), policy tenure, sum assured, riders chosen, and occupation. Younger and healthier individuals generally get lower premiums.


What are insurance exclusions?

Exclusions are specific conditions, events, or risks that an insurance policy does not cover. They help insurers limit liability and clarify situations where claims will not be paid.


How often do insurers review UBI driving data?

Insurers typically analyze UBI data monthly or at renewal periods to adjust premiums based on recent driving behavior.


What is the difference between indemnity and replacement value in insurance?

Indemnity compensates for the actual value of a loss, considering depreciation, while replacement value reimburses you for the cost of replacing an item with a new one, disregarding depreciation. Indemnity aims to put you back in the position before the loss, while replacement value seeks to replace lost items.


Are carry-on bags covered if lost or stolen?

Some policies cover lost or stolen carry-on bags, but coverage may be lower than for checked baggage. Always check your policy for specific details.


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