Insurance classes

Insurance classes are split into the insurance classes for non-life insurance and for life insurance. The individual insurance classes are listed in Annex A of the Insurance Supervision Act of 2016 (VAG 2016 ):

List of insurance classes

1. Accident
   a) fixed pecuniary benefits
   b) benefits in the nature of indemnity
   c) combinations of the two
   d) injury to passengers
2. Sickness
   a) daily benefits
   b) medical expenses
   c) combinations of the two
3. Land vehicles (other than railway rolling stock)
   All damage to or loss of:
   a) land motor vehicles
   b) land vehicles other than motor vehicles
4. Railway rolling stock
   All damage to or loss of railway rolling stock
5. Aircraft
   All damage to or loss of aircraft
6. Ships (sea, lake and river and canal vessels)
   All damage to or loss of:
   a) river and canal vessels
   b) lake vessels
   c) sea vessels
7. Goods in transit
   All damage to or loss of goods in transit or baggage, irrespective of the form of transport
8. Fire and natural forces
   All damage to or loss of property (other than property included in nos. 3 to 7) due to
   a) fire
   b) explosion
   c) storm
   d) natural forces other than storm
   e) nuclear energy
   f) land subsidence
9. Other damage to property
   All damage to or loss of property (other than property included in nos. 3 to 7) due to hail or frost, and any event such as theft, other than those mentioned under no. 8
10. Motor vehicle liability
    All liability arising out of the use of motor vehicles operating on the land (including carrier’s liability)
11. Aircraft liability
    All liability arising out of the use of aircraft (including carrier’s liability)
12. Liability for ships (sea, lake and river and canal vessels)
    All liability arising out of the use of ships, vessels or boats on the sea, lakes, rivers or canals (including carrier’s liability)
13. General liability
    All liability other than those forms mentioned under nos. 10 to 12
14. Credit
    a) insolvency (general)
    b) export credit
    c) instalment credit
    d) mortgages
    e) agricultural credit
15. Suretyship
    a) suretyship (direct)
    a) suretyship (indirect)
16. Miscellaneous financial loss
    a) employment risks
    b) insufficiency of income (general)
    c) bad weather
    d) loss of benefits
    e) continuing general expenses
    f) unforeseen trading expenses
    g) loss of market value
    h) loss of rent or revenue
    i) indirect trading losses other than those mentioned above
    k) other financial loss (non-trading)
    l) other forms of financial loss
17. Legal expenses
18. Assistance
    Assistance provided for persons who get into difficulties while travelling, while away from home or while away from their permanent residence
19. Life (unless mentioned under nos. 20 to 22)
20. Marriage insurance and birth insurance
21. Unit-linked and index-linked life insurance
22. Tontines
23. Reinsurance
    a) Non-life reinsurance
    b) Life reinsurance