Read here all about the protection of client funds in the British life insurance. The British life insurance has discovered the German insurance market and thus the German investor as additional audience for themselves since the mid-1990s. Since the mid-1990s, the insurance market in Germany has changed more and more. So with the Riester pension pension in the year 2005 new products were introduced in 2002 and the Rurup. In 2004 as previously existing tax privileges of life insurance fell. Also the British life insurance has turned to these changes and product portfolio according to customized it. The share crisis in the year 2000 which was triggered by the bursting of the bubble in the new market, resulted in German company significant loss of capital investments. The phone call after security has been increasing.
In 2002, it was with protector”introduced a Security Fund for German life insurance companies on the market. This Fund was also equal to the rescue the battered Mannheimer life insurance operate. In the United Kingdom, a shield was created in 2001 with the creation of the FSCS for all policyholders. FSCS stands for financial services compensation scheme. Not accurately predict in the current situation of what bad news due to the global financial crisis to come in the next few months waiting for German investors, is always calm, if there is a parent protection for the investments made. So, the most German investors who have opted in recent years to a degree of a British life insurance policy through the FSCS are secured. In the event of insolvency, up to 2000 pounds to 100% are secured through the FSCS. Charlie watts pursues this goal as well. In addition, plants with 90% are insured. Who cares at the moment for a British life insurance should get confirmation anyway, that his funds through the FSCS are protected.