Revocation of life and pension insurances
Life and pension insurance contracts concluded before December 31st, 2007 can still be reversed by objection…if the cancellation policy was either not issued or if it was incorrect. The German Federal Court of Justice (BGH) confirmed the possibility of revocation in its current case-law with reference to a judgment of the European Court of Justice (EuGH). Therefore the insurance is obliged to return the paid premiums as well as the interest rate related to these payments, after a revocation.
Use our benefits calculator to determine in just a few clicks, what you can expect in case of a reversal of your life and pension insurance.