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Clever Versichern 24

Insurance, Germany, Berlin

Clever Versichern 24 offers innovative online insurance services, combining finance and technology to provide seamless customer experience.

About Clever Versichern 24

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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.cleverversichern24.de
Location Address Official Phone Email
Germany Germany, Berlin **** ****
LinkedIn https://linkedin.com/company/**** Get In Touch With Decision Makers
Facebook https://facebook.com/**** Get In Touch With Decision Makers
Instagram https://instagram.com/**** Get In Touch With Decision Makers
X (Twitter) https://x.com/**** Get In Touch With Decision Makers
YouTube https://youtube.com/**** Get In Touch With Decision Makers

FAQs – Clever Versichern 24

How does parametric insurance differ from traditional insurance?

Unlike traditional insurance, which requires a claims assessment to determine losses, parametric insurance provides payouts automatically when predefined conditions are met. This speeds up claim payments and eliminates disputes over loss valuation, making it a faster and more efficient risk management tool.


What are the different types of underwriting in insurance?

The main types include life underwriting, health underwriting, property and casualty underwriting, and reinsurance underwriting, each focusing on different risk areas.


Is long-term disability insurance taxable?

It depends on who pays the premiums. If you pay with after-tax dollars, your benefits are tax-free. If your employer pays the premiums or you use pre-tax dollars, benefits are taxable. Understanding the tax implications helps in planning your finances during a disability period.


Why is underwriting important?

Underwriting ensures that insurers set fair and adequate premiums, maintain financial stability, and prevent losses. It helps create a balance between affordable insurance for customers and sustainable risk management for the insurer.


Why do insurers inspect properties for hazards before issuing policies?

Inspections help insurers identify potential risks, ensuring proper pricing, recommending safety measures, and reducing the likelihood of preventable claims.


Does ACV apply to all types of insurance?

ACV is commonly used in homeowners, renters, and auto insurance policies. It applies to property damage claims, vehicle losses, and some liability claims. However, certain policies, such as replacement cost policies or specialized coverage, may pay out more than ACV.


What is the role of the NAIC in insurance regulation?

The NAIC develops model laws, guidelines, and best practices for state insurance regulators, ensuring consistent regulation, consumer protection, and financial solvency across the insurance industry.


Are routine vet visits covered under illness insurance?

No, routine exams, vaccinations, and preventive care usually require a wellness plan or add-on coverage.


Comprehensive Market Research

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