Fran├žais English Deutsch   RSS
   
   
 

For any inquiries,
please call our main number: +352 26 48 01 01 or send mail to contact@lib.lu




Contact  

 News

Notice period for cancellation of non-life insurance contracts

As from March 1st 2013, the periods for cancellation of insurance contracts have been amended.
Property, liability and casualty insurance contracts can be cancelled by sending notice to the insurer at least 30 days prior to renewal. If the insurer cancels the contract, the notice must be sent at least 60 days prior to renewal.

Prior to renewal, the insurer must send a renewal notice (or premium notice) to the policyholder. The policyholder has the right to notify her intention to cancel the policy within 30 days of the date of the renewal notice (postal stamp date).
This rule derogates from the general rule in case the insurer is late sending out the renewal notices.

 News

18 05 15
Interest rate on guaranteed return life insurance products in Luxembourg
As of Juli 1st 2015, the interest rate on Luxembourg life insurance (...)
18 12 13
Notice period for cancellation of non-life insurance contracts
As from March 1st 2013, the periods for cancellation of insurance contracts (...)
19 10 11
Professional liability insurance and the new rules on exchange of tax information between tax authorities.
Since the entering into force of the law of March 3rd 2010 on the exchange (...)

| 1 | 2 |