Friday, May 4, 2012
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Article by Christian Drave and Dr. Friedrich Isenbart in Versicherungspraxis 5/2012
If a company owner sells his business to a third party or a third party becomes owner for any other reason, this has consequences for the employer’s liability insurance. The Insurance Contract Act contains a special provision for this case in sec. 102 para. 2.
Still, there remain questions in individual cases and the transfer of insurance inherits risks both for company sellers and buyers.
