The subscription right serves in insurance contracts, the achievements for death and case of experiencing plans to specify the receiver the achievement from the present Treaty for the case of achievement. It is usual that these subscription rights are noted with request admission to the conclusion of an insurance contract.

The beneficiary for the case of achievement, dilatory, a requirement on payment from the present Treaty is thus caused is granted. Under collecting main of the policy this requirement can be made valid.

The subscription right can be out-arranged revocable and irrevocable. As long as nothing special is agreed upon, the subscription right is considered as revocably granted. The irrevocability of a subscription right must be noted expressly. If a irrevocable subscription right was granted, then this can not be changed without agreement of the beneficiary any longer.

Irrevocable subscription rights find frequently use in the context of the operational age precaution, if parts of the purchases are converted into expenditures for the operational age precaution. The employer is as an insurant owner of the contract, the employee is the insured person. It is guaranteed by the irrevocable subscription right that the funds of the employee of the employer, for example in case of the insolvency, to become not related to be able.

The revocable subscription right can be changed at any time by written report to the insurance company. The irrevocable subscription right can be changed only with agreement of the beneficiary. The change of the subscription right becomes effective with entrance in the business premises of the insurer. If the insurant before the entrance deceases, the change does not come into force.

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