Assicurazione: come funziona?
Pianificare la pensione
Evita questi quattro errori assicurativi
Scegliere una compagnia assicurativa
What happens to the insurer during reorganisation ❔❕
◻️ The insurance company continues to work: it pays money for insured events and concludes new contracts.
◼️ The company's clients do not lose anything - all their policies continue to operate. But the owners and management of the insurer can lose a lot. They are removed from the control of the company.
◻️ If you need insurance advice, contact our specialists for help at any time - barelon.consulting/
Why can an insurance company be reorganised 💭❔
◼️ The reorganisation is a financial recovery procedure - your insurance company was in a difficult financial situation. But the regulator will not revoke her licence. As a client, you will not incur any losses, so you don’t have to worry.
How did it happen?
◻️ The insurance company’s main task is to cover customers’ losses when an insured event occurs. For example, if you insured an apartment against a flood and your neighbours flooded you, the insurer will pay for your repairs. Unfortunately, there are times when an insurance company does not have enough insurance reserves or even its capital for this.
◼️ It happens if the insurer misjudged the risks, for example, underestimated the price of policies and, as a result, collected insurance premiums less than needed for payments. Or if you unsuccessfully invested in insurance reserves and lost some money.
◻️ Sometimes, a company can go bankrupt due to large payments for insured severe events. Ideally, this should not happen since the insurer should give significant risks for reinsurance - in other words, share them with other insurance companies.
◼️ Insurance companies can also systematically suffer losses on compulsory types of insurance, the rates regulated by the state, and insurers cannot raise them above a certain level.
An insured event is always stressful, and it is essential when you get into a stressful situation to get competent advice on solving the problem that has arisen from a specialist who is always on your side ❕💬
◻️ When it comes to a loss in an amount that is not in the thousands, but the millions, insurance companies carefully study everything down to the last comma in the documents provided by the client. The correct algorithm of actions when causing damage to the same object can be very different for different types of damage.
◼️ So, taking into account the terms of the insurance contract in case of fire, flooding or natural disaster, only the statement about the occurrence of the insured event and the calculation of the damage caused can be standard documents for settling an event.
◻️ For example, a fire due to a short circuit is almost always considered by the insurer as an exception. The wording of such an exception is far from always obvious. When such an event occurs, the insurer may state that such a fire could only have happened in violation of fire safety standards. And losses caused by such violations are almost always excluded from insurance events.
◼️ The client, however, is far from always being able to understand that a short circuit can be caused by a failure in the operation of city power networks, which cannot be an exception under the contract. But even with this understanding, the question remains of how to prove this to the insurer.
◻️ To ensure that our clients always feel confident, Barelon assists with claims settlement. Our experts with experience in this field:
✔️ Help to declare an insured event in such a way that the insurance company does not have the opportunity to refuse payment;
✔️ Take control of the timely receipt of reimbursement;
✔️ Defend your interests before the insurer in disputable situations.
What to do if the insurance company still hasn’t paid you damages?
◻️ In this case, making a claim means voluntarily giving the insured one last chance to pay what is due without litigation.
◼️ When making a claim, do not forget to warn the insurer that in case of non-payment of the debt, you will apply to the court to protect your violated rights.
◻️ The claim must be made in writing, and there must be confirmations of its delivery to the insurer. It can be sent by email with a notification or handed to a person with a signature on the second copy. From when the debtor receives the claim, the period for voluntary repayment of the debt will be calculated.
◼️ The claim shows you as a respectable citizen who tried to resolve the issue peacefully and went to court only when it didn’t work out. A copy of the claim should be attached to the affirmation later.
◻️ Barelon specialists are ready to help you with competent claim preparation. Go to our website and check out our services.
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Tax disputes and their causes 🗯🕑
◻️ A tax dispute is predominantly interpreted as a dispute of a legal or economic nature.
◼️ In a tax dispute, the interests of a fiscal authority that collects taxes in favor of the state and demands payments in the maximum amount collide. A taxpayer is interested in the opposite: the smaller the taxable base, the more money remains in his accounts after paying all taxes.
◻️ At the same time, in the event of disputes, the participants in tax legal relations are initially not equal: the state demanding the payment of taxes is in a more advantageous position than the individual or legal entity to which these requirements are addressed.
◼️ A tax dispute arises when the payer disagrees with the tax authority's opinion regarding the imposed penalty or fine. Often such conflicts occur during a tax audit.
◻️ Among the main reasons that give rise to tax disputes are those caused by the actions of the tax authority and mistakes made by the taxpayer.
If you are interested in how to resolve a tax dispute, Barelon specialists are ready to help you - barelon.consulting/
What is an income statement? 💭
💁🏻♀️ Declaration of property status and income of an individual is the correct name of the document, which we most often refer to simply as a declaration of income. It shows the income received during the reporting period, including investments from other countries.
💁🏻♀️ This declaration shows taxes. Another point is information about the movable and immovable property that you have. Also, the document must indicate information about the property that you rent.
❕ INCOME TO BE DECLARED ❕
◼️ Money received from people who do not pay taxes;
◼️ Amounts from which personal income tax was not paid;
◼️ Income from the rental of real estate;
◼️ Money and prizes won in lotteries;
◼️ Inheritance and gifts from relatives.
