.png?width=200&height=49&name=NEOdirect_Logo_Transparent_7kb_medium%20(1).png){kind=logo}
★★★★★ Trusted by 1,500+ Indian expats in Germany | Independent broker — we work for you, not for insurers
Starting from
~€10/month
For €250,000 coverage at age 30 — incredibly affordable
Coverage
Up to €1M+
Choose the sum that matches your family's needs
Essential for
Families & mortgages
Protects your loved ones and secures your home loan
With vs. without term life insurance — what happens to your family
The difference between financial security and financial crisis for your dependents.
Without Risikolebensversicherung
Mortgage: Your family must continue payments or sell the home
Income: Family loses your entire income overnight
Children: Education and future plans at risk
Family in India: No financial support — remittances stop immediately
→ Your family faces financial hardship at the worst possible time.
Income: Family loses your entire income overnight
Children: Education and future plans at risk
Family in India: No financial support — remittances stop immediately
→ Your family faces financial hardship at the worst possible time.
With Risikolebensversicherung
Mortgage: Loan is paid off — your family keeps the home
Income: Lump-sum payout replaces years of income
Children: Education fund and future secured
Family in India: Beneficiaries receive the full payout — worldwide
→ Your family is financially protected — for just a few euros per month.
Income: Lump-sum payout replaces years of income
Children: Education fund and future secured
Family in India: Beneficiaries receive the full payout — worldwide
→ Your family is financially protected — for just a few euros per month.
How it works
Three simple steps to protect your family's financial future.
1
Tell us about yourself
Your age, health status, family situation, and how much coverage you need. We explain everything in plain English.
2
We compare & recommend
As independent brokers, we compare Risikolebensversicherung tariffs across 30+ insurers and find the best coverage at the lowest premium.
3
You're protected
We handle the application and health questions. Your family is financially secured — if anything happens, they receive the full payout.
What Risikolebensversicherung covers
Affordable protection that gives your family financial security.
Financial security for family
Your beneficiaries receive a tax-free lump-sum payout — enough to replace years of income and maintain their standard of living.
Mortgage protection
A decreasing term policy can match your outstanding mortgage balance, ensuring your family keeps the home if you pass away.
Affordable premiums
Term life is one of the cheapest insurance products available. A healthy 30-year-old can get €250,000 coverage for as little as €10/month.
Flexible terms (10–30 years)
Choose a term that matches your needs — until your mortgage is paid off, your children are independent, or you reach retirement.
💡
Your family in India may have no safety net in Germany
If something happens to you, your family in India may have no financial safety net in Germany. German social security provides very limited survivor benefits for non-EU family members. A term life policy ensures your loved ones are protected — for just a few euros per month. Beneficiaries can be anyone, anywhere in the world.
Real situations where term life insurance makes the difference
How Risikolebensversicherung protects Indian expat families.
Family protected after unexpected event
A 38-year-old IT professional passed away unexpectedly. His €500,000 term life policy paid out within weeks — his wife could stay in Germany with their children, pay off the apartment, and maintain their lifestyle without financial pressure.
Mortgage secured for the family
A couple took out a €350,000 mortgage for their first home. They matched it with a decreasing term life policy for just €18/month. When the husband had a fatal accident, the entire mortgage was paid off — the family kept their home.
Peace of mind for family in India
An expat named his parents in India as beneficiaries of his €300,000 policy. The premium was just €12/month. His parents were reassured knowing that even in the worst case, they would be financially secure for the rest of their lives.
Good to know — what to consider
Important details about term life insurance in Germany.
- Term life insurance pays out only if you die during the policy term — there is no savings or investment component
- Premiums are fixed for the entire term — they do not increase as you age
- The payout is tax-free for beneficiaries in Germany (income tax), though inheritance tax thresholds may apply for non-spouse beneficiaries
- You can name anyone as a beneficiary — including family members in India or other countries
- A health check or questionnaire is required — the healthier you are, the lower your premium
- Some policies allow increasing coverage after life events (marriage, birth of a child) without a new health check
This is exactly why personal advice matters. We analyze your specific situation and ensure the right coverage amount and term for your family.
Who should consider term life insurance
Risikolebensversicherung is essential for these groups.
- Expats with families and dependents — if your family depends on your income, term life is non-negotiable protection
- Mortgage holders — ensure your family can keep the home even if the worst happens
- Breadwinners sending money to India — protect the people who rely on your remittances
- Parents with young children — secure your children's education and future, no matter what
What our clients say
Real stories from Indian expats who secured their family's future.
★★★★★
"I always assumed term life was expensive. Melanie showed me I could get €400,000 coverage for just €14/month. My wife and parents in India are now protected. It took 20 minutes to set up — no excuses left."
Ramesh · Munich
★★★★★
"When we bought our apartment, NEOdirect recommended a decreasing term policy to match our mortgage. It costs less than a coffee per week and means my family keeps the home no matter what. Should be mandatory for every homeowner."
Sunita · Frankfurt
★★★★★
"As the sole earner supporting my parents in Pune, term life insurance was the most important policy I got in Germany. Melanie helped me name my parents as beneficiaries — the whole process was in English and straightforward."
Vivek · Berlin
Your expert for term life insurance
M
Melanie Berner
Insurance Advisor · NEOdirect
I help Indian expats protect their families with the right term life coverage. Whether you need to secure a mortgage, replace your income, or protect family in India — I'll calculate exactly how much coverage you need and find the most affordable tariff.
📖
Want to learn more first?
Read our detailed guide on term life insurance in Germany — how much coverage you need, what it costs, and how beneficiaries in India receive the payout.
Term life insurance in Germany vs. India — what's different
If you already have a policy from India, here is what you need to know.
🇩🇪 German Risikolebensversicherung
- Pure risk cover — no savings component
- Premiums fixed for the entire term
- Payout is tax-free for beneficiaries
- Beneficiaries worldwide — including India
- Coverage up to €1M+ for healthy applicants
- No currency risk — paid in euros
🇮🇳 Indian term policy while living in Germany
- Many Indian policies become invalid once you're an NRI
- Claims abroad can be complex and slow
- Payout in INR — exposed to exchange rate risk
- Your German mortgage is not covered
- German insurer may not accept Indian policy as coverage
💡 Important: If you have a term life policy from India, check whether it is still valid for NRIs living in Germany. Many LIC and private Indian policies require you to be resident in India to remain valid. We help you check your existing cover and fill any gaps with a German policy.
What does term life insurance cost in Germany?
Real price examples for Indian expats — non-smoker, good health.
Indicative prices for non-smokers in good health. Actual premium depends on health history, occupation, and insurer. We compare 30+ tariffs to find your best rate.
Mistakes expats make with term life insurance — and how to avoid them
We see these again and again.
❌
Waiting until they're older to get covered
Premiums increase significantly with age. A 30-year-old pays roughly half of what a 40-year-old pays for the same coverage. Getting covered early locks in your rate for the entire term.
❌
Underestimating how much coverage they need
Many expats insure for €100,000 when their mortgage alone is €350,000. Your coverage should reflect your actual financial obligations — mortgage, lost income, children's future, and remittances to family in India.
❌
Not naming a beneficiary correctly
Without a named beneficiary the payout goes into your estate, which delays everything and can trigger inheritance tax. We make sure your beneficiary designation is set up correctly from day one, whether they live in Germany or India.
❌
Answering health questions without guidance
The health questionnaire determines your premium and whether your policy is valid at payout. Answering incorrectly — even unintentionally — can void the entire policy. We walk you through every question so you answer accurately and confidently.
FAQ — Term Life Insurance (Risikolebensversicherung)
Quick answers to the most common questions.
Ready to protect your family's future?
Independent advice · English & Hindi support · Free term life comparison