The 10 advantages of life insurance
Life insurance is a crucial financial tool that helps protect your loved ones and provide financial stability in times of crisis. In Europe, having life insurance is not mandatory, but it is highly recommended for various reasons. Here are the top 10 reasons why you should consider getting life insurance in Europe: 1. Protecting Your […]
The impact of Covid-19 on the life insurance industry in Europe
The COVID-19 pandemic has had a significant impact on the life insurance industry in Europe. Here are some key points to consider: 1. Increased demand for life insurance: The pandemic has led to increased awareness of the need for life insurance, as people have become more concerned about the potential financial impact of unexpected events […]
The importance of disability insurance for working professionals
Disability insurance is a critical component of financial planning for working professionals in Europe. It is designed to provide income replacement in the event that you are unable to work due to a disability. While many people may believe that disability is a rare occurrence, the truth is that it can happen to anyone, and […]
The taxation and regulation of life insurance in Poland
In Poland, life insurance is regulated by the Polish Financial Supervision Authority (KNF) and is subject to taxation according to the Polish tax law.Taxation of life insurance premiums: In Poland, life insurance premiums are subject to a 2% tax called the civil law transactions tax (PCC). This tax is paid by the policyholder and is […]
How to avoid common insurance scams and fraud in Europe
Insurance scams and fraud are unfortunately a common occurrence in Europe, just as they are in many other countries. Scammers prey on people’s fear and vulnerability, using a variety of tactics to steal money or personal information. Fortunately, there are steps you can take to protect yourself from these types of scams. Here are some […]