Term Life Insurance from €15/month
Maximum protection for your family at minimal cost
Term life insurance is pure death benefit coverage. It pays an agreed insurance sum to the bereaved if the insured person dies during the contract period.
What is special: Unlike whole-life insurance, you only pay for the risk protection – without a savings component. This makes term life insurance particularly affordable and efficient.
Protection for those most important to you
Imagine what would happen to your family if you were suddenly gone. Could your loved ones bear the ongoing costs? Could the property be paid off? Term life insurance gives you the certainty that your family is financially secure.
Insure large sums for small premiums
A €250,000 sum often costs a 30-year-old non-smoker only €15-25 per month. That is significantly cheaper than many other insurances – at maximum protection.
Statutory benefits are usually insufficient
The statutory survivor pension generally covers only a fraction of the previous income. Younger families often only get a widow's pension if there are small children – and even this is limited.
Constant term life insurance
The insurance sum remains the same throughout the entire term.
Suitable for: Families with children, securing standard of living
Decreasing term life insurance
The insurance sum decreases yearly – ideal for securing real estate loans.
Suitable for: Construction financing, loan protection
Joint term life insurance
Two people are insured together. Payout occurs upon the death of the first person.
Suitable for: Couples, business partners, joint property
Death benefit
In case of death of the insured person, the agreed insurance sum is paid to the beneficiaries. The payout is usually tax-free as a one-time payment.
Free use of the insurance sum
The bereaved can use the insurance sum freely: to pay off loans, secure livelihood, for children's education or other financial obligations.
Re-insurance guarantee
In important life events (marriage, birth, property purchase) you can increase the insurance sum without renewed health check.
Important: Term life insurance is pure risk protection. If you survive, you receive no payout at the end of the term. In return, premiums are significantly cheaper than whole-life insurance.
- High insurance sum at low premiums
- Individual term and insurance sum
- Immediate protection from contract start
- Tax deductible as special expense
- Flexible adjustment options (re-insurance)
- Worldwide insurance protection
Families with children
Secure your family's livelihood if something happens to you. Particularly important when only one partner works or earns the main income.
Property owners
Protect your family from the burden of remaining debt. Decreasing term life insurance fits perfectly with construction financing.
Business partners
Secure your business – in case of death of a partner, the sum can be used for continuation or compensation.
Self-employed
Is your family financially dependent on you? Then term life insurance is indispensable – especially if no statutory survivor pension exists.
Rule of thumb: 3-5 annual salaries as basis
Consider:
- • Ongoing living costs: How much does the family need monthly?
- • Existing loans: Real estate financing, car loans, other debts
- • Education costs: Tuition, children's education
- • Duration of protection: Until children are financially independent
- • Existing assets: Savings, real estate, other protection
Example: Family with 2 children, €200,000 mortgage, €50,000 annual salary → Recommended sum: €350,000 - 400,000
Health check: Health questions are asked at contract conclusion. The younger and healthier you are, the cheaper the premiums.
Non-smoker discount: As a non-smoker you pay significantly less – often 30-50% saving.
Beneficiary right: Name the beneficiaries by name. This avoids long waiting times and inheritance disputes.
Irrevocable beneficiary right: For real estate financing, banks often require an irrevocable beneficiary right as collateral.
Term: Choose the term so that your family is secured until financial independence (e.g. until children finish studies).