Backdating
In the backdating is a term from the legal sphere of the insurance contract .
In contrast to the so-called backward insurance , with backdating the technical is moved back before the formal start. It occurs in life insurance as well as in health insurance and in motor insurance.
Examples
- Motor insurance is backdated in order to achieve a more favorable no-claims class earlier.
- In life insurance, backdating occurs i. d. As a rule, in order to obtain a cheaper (lower) entry age, to receive a cheaper premium or to use tax advantages (the latter is only recognized to a very limited extent by the tax authorities).
See also
Individual evidence
- ↑ Definition: Backdating ( memento of the original from April 7, 2010 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Backdating Postponement of the technical start of insurance before the material start of insurance ... ( page can no longer be accessed , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
