Tag Archive: Life Insurances

Austria: Late Withdrawal from Cash Value Life Insurances

March 2022 – Austria – TAIYO Legal When cash value life insurance policies are taken out, the insurer has a duty to provide information. In the event of violations, policyholders could still demand a refund years later – usually when the insurance performed poorly. To stop this practice, the law was amended in 2018. Under the new rule, one only got