Occupational disability insurance
Consumerists repeatedly point out that occupational disability insurance is the most important insurance ever, in addition to private liability.
The loss of labour is an existential risk. Because it can no longer be able to earn nothing more. Material hardship is often the result. The state hardly helps in an emergency - the statutory pension insurance pays all those born from 1961 only a minirent in the event of disability.
-The basics If you have to leave your job before reaching the retirement age due to illness or accident, you are facing a major problem: The statutory pension insurance only pays their minirent to all those born from 1961 onwards if they have completely disabled occurs. Consequence: As a person affected, you will only receive the scarce state benefits if you can hardly work at all. If you could theoretically still do any - even less paid - activity, you can do it empty. So you have to protect yourself from the financial collapse in the event of an accident or illness - preferably with private occupational disability insurance. But which policy is the right one? What do you need to consider when concluding the contract? How high should the pension be in an emergency? You can find initial answers to this website.
-Scope of services Pension in occupational disability The most important performance of occupational disability insurance is the monthly pension - from the moment you can no longer work due to an accident or illness. Often, insured persons are only partially unable to work - therefore, full pension benefits are already available less than 100 percent with occupational disability. The insurer also helps to reintegrate into working life, for example in the disabled-friendly reconstruction of the job, by making one-off payments at the end of a temporary incapacity for occupation or by providing assistance services that go beyond financial aid - for example, the planning of rehabilitation measures. Financial protection with rising demand By dynamising - i.e. regularly increasing pension entitlements and contributions - you can adapt your disability protection to increasing living costs and growing financial requirements. If a subsequent insurance guarantee has been agreed at the conclusion of the contract, you can increase the existing protection, for example, if you have gotten a child or real estate acquisition without a renewed health check, so that any later BU pension meets your increased financial needs.
-For whom sensible? Occupational disability insurance does not only need working people. In order to have safe protection in an emergency, it is also recommended for pupils, trainees, housewives and students to take out occupational disability insurance. Importantly, you should secure occupational disability protection as long as you are still young and not affected. Insurance companies often reject applications for low pre-existing conditions or offer you less favourable conditions.
-Risk of occupational disability Hardly anyone wants to deal with the idea of not being able to pursue his own profession at a young age. But after all, about one in four working people become unable to work before the start of retirement, whether due to an accident or a serious illness. So find out about suitable precautionary measures in good time! Because since 01. In January 2001, all working parties born after 1961, in the event of occupational disability, in fact, do not receive any payments from the statutory pension insurance. Instead, the acquisition mitigation pension has been introduced, but only the entitlement to which even the claim which cannot even do any more three hours a day can do any work. State aid is also so low that they cannot save you and your family from financial crash.
-The cost Comprehensive protection, favourable contributions The costs of disability insurance are determined by various factors - from the insurer's range of services and your personal risk of becoming unable to work early. Comprehensive occupational disability protection is cheaper for office workers because of their lower health risk than for building traders or teachers. A policy that only provides benefits with complete inability to work is to have less money than an insurance policy that pays immediately when occupational disability is even possible, even if you could still work in another profession.
-Care disability comparison Not only is the price decisive for the decision that is the best occupational disability insurance for you. Insurance conditions are also of central importance. Let us advise you: In particular, you should have the services checked carefully which insurance is the right one for you.
-Attention! Securing low posts If you are making provisions at a young age, you secure favourable contributions and prevent performance exclusions against pre-existing conditions. The offers can be compared in peace. You should not only pay attention to the price, but also have the contractual conditions in mind: instead of an exclusion of contracts for certain diseases, you should better accept a contribution surcharge and agree with the insurer black on white that the additional amount comes away after a cured disease. Your profession should also remain a standard for the recognition of occupational disability during a possible parental leave, because as a housewife or man, one is only restrictedly protected. Not calculating too closely Your contract should not expire too early, because in many cases at 50 years of age you will not become unable to work. Even the disability pension should not be too tight, as a rule of thumb is valid: 75 percent of net income at the age of 45. The policy should provide for the possibility of higher insurance without a renewed health check, so that the pension can be easily adjusted with later marriage or birth of children. Important: health issues of the insurer must always be answered truthfully; if there is a false information, the loss of insurance cover is threatened.
-The Right Agreement How do I find the right occupational disability protection? Decide in peace If you have decided to secure your personal occupational disability risk privately, check a large number of providers with a barely manageable number of products and tariffs and a wide range of prices and services. You should therefore not prematurely make the decision for a concrete disability insurance. The online completion of an occupational disability insurance without expert advice is not recommended - the topic is complex, many details must be observed. You can therefore get advice to analyse your personal risk situation and to compare the wealth of the tariffs offered.