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The transfer of employer’s liability insurance according to sec. 102 para. 2 Insurance Contract Act

Friday, May 4, 2012 Veröffentlichungen

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.

 

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