A back covering insurance is locked by the employer with a life insurance enterprise, in order to have a financial aid for the fulfilment of promises on achievements of the company pension scheme. The employee is the insured person. Insurant and beneficiary is the employer. That is called the achievements to it is paid, if the accident occurs. If the promise on achievements of the company pension scheme in the balance of the employer represents a passive position (pension resetting), then the back covering insurance with an active value is set.

Articles in category "Back covering insurance"

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