Guaranteed interest [rate]

In the insurance industry, the maximum interest rate for calculating a premium. However, interest is not paid on the total amount paid in, but only on part of it, the so-called savings contribution. – Cf. BaFin Annual Report 2003, p. 61, BaFin Annual Report 2009, p. 32 (reduction of guaranteed interest rate).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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