Term Life Insurance

Your loved ones' security is important. Term life insurance provides financial protection in the event of your unexpected passing. This policy offers financial support to ensure your survivors have the necessary security. With optimized term life insurance, you can choose customized coverage amounts and terms to protect your needs and your family's financial future. We provide professional service to help you find the best protection for you and your loved ones.

Tip

CONTRIBUTION

Here, the entry age and state of health are decisive for calculating the premium. The earlier you start your coverage, the lower the premium.

HEALTH ISSUES

Questions about your health should always be answered truthfully and completely. If you give false information, you risk your insurance coverage. Could you ensure you live healthily and undergo regular examinations to minimize potential risks?

TERM OF THE TERM LIFE INSURANCE

It would be best to ensure a long term from the beginning - for example, until your children have completed their vocational training. A later extension of the time leads to an increase in premiums due to the new risk assessment and the higher entry age;

INDIVIDUAL SUM INSURED

The sum insured should be three to five times your gross annual income. Adjust the sum insured of your term life insurance to your family's needs to ensure that they are sufficiently financially protected in the event of an emergency.

METHOD OF PAYMENT

With an annual payment method, you can lower your insurance premium.

SMOKERS VS. NON-SMOKER

If you are a non-smoker, you can usually benefit from lower insurance premiums. You can use this advantage to keep your tips low.

PROFESSIONAL CONSULTING

Could one of our term life insurance experts help you? He can help you find the best insurance solution for your needs and financial goals.
We hope to give you peace of mind with our term life insurance. Protect your family from the financial consequences of an unexpected event and provide for their financial stability, even if you are no longer around.

FAQ

WHY YOU SHOULD BUY TERM LIFE INSURANCE

Almost 20% of Germans die before their 65th birthday. Term life insurance provides financial security for surviving dependents in the event of the premature death of the primary earner and thus protects your family from financial burdens in the event of your unexpected death.

WHO SHOULD TAKE OUT TERM LIFE INSURANCE

Term life insurance is indispensable for families with children, single parents, borrowers and mortgage holders, start-ups, the self-employed, or business partners. For spouses and partners, it provides mutual coverage and is highly recommended here.

HOW HIGH SHOULD THE HEDGE BE?

The sum insured is based on the financial needs of the surviving dependents to provide sufficient coverage. For calculation purposes, all the family's financial obligations, such as mortgages or the children's education, must be considered. As a guideline, three to five times the gross annual income of the primary earner is estimated. To secure a real estate purchase or mortgage, the sum can be adjusted precisely to the obligation, which decreases over time.

WHAT TO LOOK FOR IN THE HEALTH QUESTIONS?

Always answer health questions truthfully and completely. I would also like to point out the circumstances to which you attach only minor importance. Please remember that you jeopardize your insurance coverage if you provide false or incomplete information. Additional medical examinations and certificates are required for insured sums of 400,000 euros or more or in the case of pre-existing conditions. In most cases, it is sufficient for the attending physician to provide information about the treatment and form of therapy.

WHAT IS TERM LIFE INSURANCE?

Term life insurance covers the financial risks of the policyholder's death. It provides financial protection for survivors by paying out a predetermined sum insured. This insurance policy is designed to mitigate the economic impact of death and provide security and stability to survivors.

A term life insurance policy can cover several aspects, including:

• Survivor protection: In the event of the policyholder's death, the agreed sum insured is paid out to the designated beneficiaries. This cash benefit can cover current expenses such as rent, mortgages, debts, childcare, or educational costs.
• Funeral expenses: The costs of funerals and burials can be considerable. Term life insurance can help minimize this financial burden for survivors by covering burial costs.
• Debt Settlement: Outstanding debts such as loans, mortgages, or credit card debt can burden survivors financially. Term life insurance can be used to pay off these debts and allow survivors to be debt-free.
• Future financial security: The insurance payout can provide financial security to survivors by allowing them to build a financial reserve or pursue long-term financial goals.

It is important to note that term life insurance's exact benefits and conditions depend on the individual policy and the agreed contract terms. It is advisable to compare different offers and get advice from one of our experts to find the correct term life insurance policy that meets your needs and goals.

HOW DOES TERM LIFE INSURANCE WORK

With term life insurance, you pay regular premiums, and, in the event of your death, a previously agreed sum insured is paid out to your surviving dependents. After the end of a spouse, survivors are often inadequately covered. In many cases, the surviving spouse's financial security depends on retirement or Social Security benefits, which may not be sufficient to maintain a standard of living. In addition, debts, mortgages, or other financial obligations may place an additional burden. Term life insurance provides essential protection here, as it pays out a pre-agreed sum to survivors in the event of the policyholder's death. This money can be used to cover running costs, pay off debts or build up a financial reserve to provide long-term security for the spouse. Appropriate term life insurance thus creates a financial foundation and gives the surviving dependents the protection they need during an emotionally difficult time.