327719
99050035010000
141568

Insurance intermediary for product supplementary services - exemption from approval obligation at the location Single Point of Contact

Berlin.de map
 Larger map

Opening hours

Monday
by appointment only
Tuesday
by appointment only
Wednesday
by appointment only
Thursday
by appointment only
Friday
by appointment only

Payment options

Payment cannot be made at this location.

Insurance intermediary for product supplementary services - exemption from approval obligation

Independent professional insurance arrangement is generally a trade that requires approval and for which you require permission from the relevant Chamber of Industry and Commerce.
For certain insurance intermediaries only (so called insurance intermediaries arranging product supplementary insurance), there is the option to be exempt from this approval requirement upon application.

Insurance intermediaries providing product supplementary services are tradespeople who arrange product supplementary insurance in addition to their main activities. The term “product supplementary” must be interpreted in a very strict sense. The insured risk must result directly from the goods or services provided.

  • For example
Product supplementary insurance in this sense could be the arrangement of car insurance in combination with buying a car or property insurance in the context of buying a property.
Arranging life insurance in the context of an investment consultancy, on the other hand does not meet the requirements.

Insurance consultant providing product supplementary services are obliged to seek registration in the directory of insurance intermediaries, immediately upon taking up their services. Failure to do so can result in an administrative fine.

Online processing

Service provided online

Prerequisites

  • Mediation of insurance policies to complement the product
    Arranging insurance as a supplement to the goods or services supplied as part of its main activity (accessoriness).
  • Direct order
    Performance of activities directly on behalf of one or more approved insurance intermediaries and / or one or more insurance companies
  • Confirmation of cover by professional liability insurance
  • Declaration of Reliability and Qualification
    Declaration by the contracting party / parties stating that you are reliable and suitably qualified and that your financial circumstances are well-ordered.

Documents required

Fees

  • EUR 160,00: Exemption from approval requirement for arrangement of product supplementary insurance
  • EUR 45,00: registration fee for the directory of insurance intermediaries

Responsible authority

The application for approval as an insurance intermediary must be submitted to the Chamber of Industry and Commerce that is responsible for the place of business. If the place of business is not yet known, approval can also be applied for with the Chamber of Industry and Commerce that is responsible for the applicant’s place of residence.