The classic pension products is back in fashion: the life insurance combines security with return. Find the best deals!
The principle of life insurance is simple: you pay a month and get at the end of the term of a previously agreed amount paid. This amount is achieved by your contributions and a guaranteed interest rate. There are also bonuses, because in the past, most carriers achieved a significantly higher rate of return promised with the guaranteed interest rate from the current 2.25 percent.
Even more potential returns but also greater risks distinguishes the unit-linked life insurance. Here, the articles in predetermined funds are invested. For many providers, the policyholder may even influence the investment strategy. Because of the higher risks and the large variety of products you should avoid in fund-linked life insurance in any case to independent advice.
Life insurance is more than a savings plan. You back from the relatives, for example, if the primary wage earner dies. Especially for young families is this security of the utmost importance.
Ideal for young families
The life insurance fits the particular needs of young families. It provides security for the family if the primary wage earner dies. At the same time you do something with life insurance for my old age - even young families think it should necessarily!
Prefer to play safe?
Life insurance is not the same as life insurance. There are contracts that invest in low-risk investments such as real estate or fixed income securities (the traditional life insurance). Alternatively be offered contracts, which relies on higher-yield but risky investments such as equity funds. Particularly useful are contracts in which one can change the customer during the contract period.
The Basics
A life insurance is taken with the aim to close gaps in the individual pension age and also to protect their own families.
Suitable for whom?
Before you decide on a life insurance policy, keep the check thoroughly and seek the advice.
The cost
Generally, the younger one when taking out life insurance is, the more worthwhile contribution includes both the costs and the returns from later.
Unit-linked deals
The unit-linked life insurance is a special type of life insurance. Your contributions are invested in mutual funds.
Health check
Since life insurance covers the risk of death, it is important for companies to be able to assess this risk. Basis of risk calculation is usually a mandatory health check.
Life insurance and pension?
There are countless ways to invest in private provision. The question of whether you had better take out a life or an annuity, can unfortunately not be answered generally.
Find the right product
You want to protect your family and save even more for your retirement? Then the private life insurance may be the right solution for you.
A life insurance is taken with the aim to close gaps in the individual pension age and also to protect their own families.
While one can expect a private pension scheme until a certain age, with payments and the money in the death of the insured are not transferable, can be protected with life insurance, the family from financial ruin.
If the insured dies during the savings phase is obtained, the widow a fixed agreed amount and obtained up to that profit participation.
Suitable for whom?
Before you decide on a life insurance policy, keep the check thoroughly and seek the advice. That decision depends on several factors and the situation of the individual.
For people without families, life insurance is more expensive option to build up a fortune. Finally, a large portion of the premiums for the risk of death is used.
By contrast, young families are particularly at risk if the primary wage earner dies. They usually have more saved up a fortune in order to offset the financial damage. Those who provide so family members should think about taking out life insurance.
The same can apply to people who do not work in a salaried position. Self-employed do not pay into the statutory pension insurance. You should therefore secure additional private. In addition to the private pension system and the major disability insurance, life insurance can be an alternative.
The cost
Generally, the younger one when taking out life insurance is, the more worthwhile contribution includes both the costs and the returns from later. So if the age of 50 buys a life insurance is replaced, because of the high-risk and low savings portion, a lower return than a 25-year-old.
Important: the way men pay more for their insurance coverage. The background is that the companies expect in them at increased risk.
Also play health, the duration of the contract and the agreed sum insured an important role. Get advice necessarily - the contributions vary greatly by carrier.
Unit-linked deals
The unit-linked life insurance is a special type of life insurance. Your contributions are invested in mutual funds, while traditional life insurance companies invest mainly in fixed income securities and real estate.
Higher yield, higher risk
As a result, you may also achieve a higher return - but you must be aware that this form of investment also brings with it increased risks. Finally, it depends on the development of the fund, which gains you achieve in the end.
Health check
Since life insurance covers the risk of death, it is important for companies to be able to assess this risk. Basis of risk calculation is usually a mandatory health check.
The applicant must answer a questionnaire that allows to draw conclusions about his health. Medical examinations are usually necessary only from a higher sum insured.
Important: Please answer questions about your health and possible health risks always truthful, even if you do this - for example if there are pre-existing conditions - expected risk premiums have. If false information, you can lose your insurance coverage.
Life insurance and pension?
There are countless ways to invest in private provision. The question of whether you had better take out a life or an annuity, can unfortunately not be answered generally. The differences are that is already in your personal situation: Did your family or you want to start a week? Are you protected against disability? If your family already protected? Or you're single and want to stay too?
Protection of nationals
All these questions you must ask yourself before you sign a contract. In general: Life insurance is useful if you have members who are unserved in the event of your death otherwise. Life insurance pays a high amount immediately, while you can expect from the pension plan in the first contract year only small benefits.
But if you are single, and also want to do without government support, you should continue to inform you of a pension scheme. Get advice!
Find the right product
You want to protect your family and save even more for your retirement? Then the private life insurance may be the right solution for you. Now you will soon find that there are many providers with varying benefits. You do not decide hastily, but inform yourself and let us seek the advice personally.
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