Life Insurance & Pensions


Life insurance policies pay death benefits to surviving family members or other beneficiaries and/or offer benefits in case of dread diseases to the insured person.
After a term of at least 12 years the pay-out will be tax-free.

Life insurances can be
invested in a controlled, secure asset or in an investment fund.
 
Two types of life insurance policies are available:

  • Endowment insurance (Kapital-Lebensversicherung)
  • Term life insurance (Risiko-Lebensversicherung)