What is an occupational disability?

This insurance is a jump, if you become disabled due to health reasons, your current profession. The insurer then pays the agreed rent for the duration of disability, longer than the agreed date of expiry.
Why should I purchase private disability protection?


Statistically, every fourth German will be unable to work before retirement age. Anyone who thinks that disability to be protected by the state pension, is unfortunately wrong: For all 1961-born, the former disability pension several years ago replaced by a two-step disability benefits, the facility to finance an adequate standard of living no longer can. Only the private disability insurance protects you from disability due to illness or accident in front of a large financial loss. In the case of performance, contact your insurer in the amount previously agreed disability pension. This depends on the contributions paid and should not be too low because it is secure in case of damage for a living.
How much does an occupational disability?

Package this question can not be answered. The cost of disability insurance depends on several factors. Can be affected by the power spectrum of the insurer, the individual contract terms, your health and age as well as your personal risk (eg, type of occupation, smoking) is effectively unable to work early to be on the contributions.
At the conclusion of a contract, the premium is not necessarily to the fore, have to be right above all the terms and conditions. Also, the disability pension is not agreed to be too short. 75 percent of net income with 45 years ago: As a rule of thumb.
What should I look in the contractual conditions?

We all tend to the lowest (cheapest) to offer access. But what use such a policy, if not agree the terms and conditions? In the case of disability insurance you should consider the following things:
• Instead of a contractual exclusion for certain diseases, it is better to accept a contribution surcharge and agree with the insurer that the additional contribution to disease healed again eliminated.
• Your work should continue during a possible parental leave standard for the recognition of disability, because as a housewife or house husband is to protect limited.
• The contract should not run out too soon, because many are unable to work after the age of 55.
• The agreed disability pension must not be too short - rule of thumb: 75 percent of net income to 45 years.
• Your policy should provide for the possibility of higher insurance without a new medical examination, so that the pension can be adapted easily for example in a later marriage or birth of a child.
• The abstract reference "should be excluded.
What is an abstract reference?

Should a disability be identified with you, then extends the performance audit of the insurer not only to the last specific job title, but it will include consideration of whether the insured could still carry out other activities (abstract reference). It is not about "any other activity." The insured must be the result of their training skills and be able to exercise that is both excessive demands, but also a sub-debt are excluded. Also be maintained in such a reference work, the current position in life remain, ie, greater income losses are excluded. Since this is in practice very complex and burdensome, the insurer often waived the right of abstract reference.
When should I take out disability insurance?

The disability insurance is one of the most important insurance at all, because of illness or accident can strike anyone. The earlier you take out disability insurance, the better. Especially young, healthy people should make provisions in time, because they are usually for no or low claims in the event of a claim from the state scheme. Because their risk is much lower even than that of older people, you usually have no problems to complete a similar insurance and be able to benefit from favorable contributions. If a disease occurred only once, it becomes difficult or impossible to insure.
What is the difference between disability insurance and accident insurance case?

The accident insurance and disability insurance are two different insurance companies, although they both belong to the disability insurance. Within the accident insurance, a distinction in the statutory accident insurance, occupational diseases and accidents which secures, and personal accident insurance, which applies around the clock and around the world and warrants to the insured in the event of a claim a cash benefit or pension. The accident insurance does usually a one-time lump-sum benefit from a degree of disability of 1% after an accident. The disability insurance from the other hand, provides a degree of disability of 50%, but does next to accident and sickness in disability or physical and mental deterioration.