The risk surcharge is applied in personal insurance and in → Property insurance Application. In personal insurance, the → Insurer The insurer determines at the time of application whether the health condition of the person to be insured is normal or whether a risk surcharge will be levied due to an increased risk. One of the → Insurer The risk premium demanded or offered must be paid by the → Policyholder be signed again, provided that he accepts the offer of the → insurer would like to accept. The duration of the agreed surcharge generally depends on the type of increased → Risks (e.g. the pre-existing condition). A distinction is made between the permanent risk surcharge and the temporary risk surcharge. If the reason for a risk surcharge ceases to exist over time, an application can be made to have it permanently cancelled. For this purpose, the → Policyholder to submit written evidence.

To the → Property insurance risk surcharges are often factored in at the time of application. If, in the course of the insurance period → Increases in riskthe → Policyholder these to the → Insurer communicate. The → Insurer then decides whether a risk surcharge is necessary.

Source reference: See VDT publication "VDT article series part 5 l Glossary" and the source indicated there.