Changes to an insurance contract may include, for example, the following:

  • Change of the contract period
  • Change of the premium amount
  • Change of the sum insured
  • Change of the risk
  • etc.

Changes to contracts of life insurance and pension insurance policies can have a negative effect. There may be tax and contractual disad­van­tages. In any case, it is advisable to contact an expert.

The insurance company must be notified of all contractual changes in text form.