Germany Insurance
Financial market in Germany has grown very fast. Insurance is compulsory for all people in Germany. Insurance business has experienced a steady growth. Allianz one among the best multinational insurance company in the insurance business. It is a type of public insurance company was founded in 1890 and its headquarter is in Munich, Germany. Germany has one of the largest or best health care systems in the world providing health insurance coverage. In Germany there are many health insurance systems like Government regulated public health system, private health or international insurance company. Germany has its own health insurance norms and regulations. It is not only a need but it is a law to insurance especially health insurance. Government has established National health insurance program.
In Germany, more than 80% of people are covered under the national health insurance system or called GKV. Household insurance covers the products of your home against fire, water damage; theft is not required by law in Germany but some landlords recommend and demand it. Policy holders insure their household goods for their full value. In Germany, more than 400 insurance companies registered in the federal republic, employing around 245,000 employees. Some well known companies are Allianz, AXA group, Munchner Ruck, deutsche herold.
Auto insurance in Germany helps the people in saving a lot and proves a safe automobile life. While purchasing auto insurance in Germany, you should need to keep some points in your mind. By comparing the insurance premiums of different insurance companies and agents quite often, you can save a good amount on insurance. If your vehicle is in the worst condition then it will increase the insurance premiums. Insurance also depends upon the vehicle's mileage and with good driving record no accident can increase the discount. Auto insurance in Germany also linked with the age of the driver and the profession of an individual. You have the right to get the best package, keeping all queries and circumstances in mind.
Car insurance in Germany requires all previous insurance papers of the country to where the person originally belongs. Germany car insurance based on the brand name of the car, individual traffic conduct, car model and car annual mileage. Good Year is the technical term associated with the getting car insurance in Germany applied on the aspects of the accidents that may occur in one year. A good driving experience will be a positive sign of getting car insurance with better insurance deals at lowest rates.
Travel insurance in Germany will certainly provide you an opportunity to spend more relaxed vacations during traveling. All travel insurance in Germany covers medical expenses during trip, trip cancellation and health services. It also covers flight cancellation and flight accident insurance. Germany represents Gold and Silver insurance plans. Gold travel insurance plan covers trip up to sixty days, golf option and offer twenty one days for winter sports. Silver insurance covers 31 days trip and 10 days winter sports. Germany includes insurance firms which deals with life Insurance, commercial insurance, re-insurance, liability insurance and some of these are related to international insurance companies. Some leading life Insurance companies in Germany are Allianz Leben Insurance, Victoria Leben Insurance, Debeka Insurance, D.T Herold Lebon insurance and some non life Insurance companies are Allianz Vers. Insurance, AXA Vers. Insurance, Zurich Vers. AG, LVM Sach Insurance etc.
