Certain professions with a very high risk are excluded from all insurance companies. For self-employed disability means at the same time incapacity for work what remains to be done if the own business must be abandoned? Not at all, but in many cases however, there is an alternative to the disability insurance: a private disability insurance. It allows labour often a hedge, even if a disability insurance out of the question. Tagged life insurance life insurance is not the same life insurance: there is risk and capital insurance and hybrid forms. There are services from risk life insurance only in the death of the insured person during the insurance period.
You can be paid out to survivors and are also suitable for the protection of real estate loans, construction loans, or Companies. Is a loan is so secured, often significantly better terms can be negotiated. Some are loan only, if a risk life insurance has been completed. Pure life insurance serve investment, for example, of interest for their own retirement and pensions. Some fares are designed so that they are adapted to the life situation of the insured.
So the risk protection in the foreground stands first, only after a few years of capital accumulation focuses on. Advantages: low contributions at the time of the establishment of the family, higher contributions and thus better protection during the well-paying career, always full of risk protection. Many annuities provide a so-called capital voting rights. This means that the insured person shortly before the pension still can decide whether he would rather get a lump sum or prefers a lifelong pension. Some insurers offer a flexible retrieval phase in traditional pensions. In other words, the insured person must still not with 25 set, whether he wants to go with 63 or 67 in pension, but only shortly before retirement.