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.