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Brandt Assekuranz

Insurance, Germany, Berlin

Brandt Assekuranz provides tailored insurance solutions for businesses and individuals, offering peace of mind through comprehensive coverage and personalized service.

About Brandt Assekuranz

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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.brandt-assekuranz.com
Location Address Official Phone Email
Germany Germany, Berlin **** ****
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FAQs – Brandt Assekuranz

How much does comprehensive insurance cost?

The cost varies based on factors like vehicle value, location, driving history, and deductible amount. On average, comprehensive coverage costs between $100 and $500 per year, but this can differ depending on risk factors and insurer pricing.


Are natural disasters considered perils?

Yes, natural disasters such as earthquakes, hurricanes, floods, and wildfires are considered perils. However, not all policies automatically cover these risks. Policyholders may need additional endorsements or specialized coverage for certain catastrophic events.


What is cash value in life insurance?

Cash value is the savings component in certain types of life insurance policies, such as whole or universal life insurance. It accumulates over time and can be accessed by the policyholder.


What was the impact of the 20th century on life insurance?

The 20th century brought innovations such as term life, whole life, and universal life insurance. Regulatory improvements, technological advancements, and increased financial literacy led to widespread adoption, making life insurance a common financial planning tool worldwide.


What is a surplus share treaty?

A surplus share treaty allows the insurer to retain smaller risks while ceding larger risks to the reinsurer. The percentage shared varies based on the sum insured.


What is homeowners insurance liability coverage?

Homeowners insurance liability coverage protects you financially if someone is injured on your property or if you cause damage to someone else's property.


Is Sum Assured the same as the coverage amount?

Yes, the Sum Assured is synonymous with the coverage amount in life insurance policies. It’s the amount the insurer guarantees to pay out to the beneficiary in the event of the policyholder’s death or other defined contingencies.


Are insurance riders available for all types of policies?

Most insurance types, including life, health, auto, home, and business policies, offer endorsements, though availability and terms vary by insurer and policy regulations.


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