Sustainable Investments: How financial experts evaluate and recommend ethical and environmentally friendly investments.

Sustainable Investments: How financial experts evaluate and recommend ethical and environmentally friendly investments.

According to a current report by Fondsprofessional.at, HDI Lebensversicherung AG will in future completely waive the referral clause in its occupational disability insurance policies. This means that in the event of a benefit, customers can no longer be referred to other activities, but will receive the agreed pension if the insured person can no longer carry out their last job for health reasons.

This decision by HDI Lebensversicherung AG has potentially far-reaching effects on the insurance market and the insured. The referral clause has previously been a common point of contention in claims, as insurers often tried to refer customers to other activities in order to avoid or reduce benefits. By waiving the clause, the protection for insured persons who can rely on the contractually agreed service in the event of occupational disability is now improved.

HDI Lebensversicherung AG's decision could also set an industry trend and encourage other insurers to take similar measures. This could lead to a change in the product landscape and influence the competitive position of insurance companies.

For the insured, the waiver of the referral clause means significantly improved protection in the event of a claim. You can now be sure that you will receive the agreed pension if you can no longer work in your last job. This could also lead to occupational disability insurance becoming more attractive to consumers as the conditions become more transparent and customer-friendly.

According to a report by www.fondsprofessional.at,