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On 28 October 2009, following a decision of the Federal Finance Court, the BMF (Federal Ministry of Finance) issued a new decree regarding the tax payable on premiums and benefits paid under employer-funded accident insurance policies. According to this, for policies under which the employee has no direct claim in case of eligibility for benefits, only the premiums paid up until that date to the current employer - instead of, as before, the benefits paid - are taxable. Intermediaries and insurers alike should inform their corporate clients as soon as possible about this reform.

No-obligation information to send to your clients

  • Information at a Glance (in German only)
  • Covering Letter (in German only)
  • Tax Booklet (in German only)

Contact Information

Katrin Ruppert

Chubb European Group Limited
Compliance Officer Germany & Austria

Phone +49 611 238 151
Fax +49 611 238 104