Finance English
Insurance

Was ist Stornogebühr?

Stornogebühr Surrender Charge is a fee imposed by insurers on policyholders who terminate their insurance policy or withdraw funds before a specified period.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “Stornogebühr” Used in Practice?

Eine Stornogebühr kann den Rückkaufswert für Versicherungsnehmer, die eine Lebensversicherung in den ersten Jahren kündigen, erheblich verringern.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

Was ist Stornogebühr?

Surrender Charge is a fee imposed by insurers on policyholders who terminate their insurance policy or withdraw funds before a specified period.

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