DAK-Gesundheit: Health insurance in Germany
In Germany, insurance is a good thing to have - health insurance and liability insurance for motor vehicles are required.
If you plan to spend more than six months in Germany, or have moved here as job-related, here's a primer on other insurance, you may want.
The most important and yet the least expensive insurance coverage you will need in Germany is third Haftpflichtversicherung private liability insurance will provide coverage to you or a member of your family insured in case you commit an act for which a German court Would you consider usually negligent.
Under German law, there is no ceiling to the level of damage from one individual could have granted against them for an act they have committed, even innocently but carelessly committed, or to harm their dog or horse.
Ordinary negligence could be a simple matter to damage someone else's property, for example hit on a vase during a visit to a friend or in a store, or cause an accident as a pedestrian not to cross the zebra crossing, causing bodily injury while skiing or engage in other sports please note that dogs and horses are insured separately and are not included in individual or family insurance policy This essential designed to give you more than peace of mind and is highly recommended and often required by contract when you are renting a property.
Any claim for damages can be painful and a high level of coverage, we suggest 50 million euros for a family, less for animals costs relatively little savings by taking a cheap policy with limited coverage is a false economy.
Personal liability insurance will not provide coverage for anyone driving a car, flying a plane or a sailing boat; no cover is provided for hunting all require separate insurance policies.
You should know that third German private insurance to liability or with a term of three or five years can not be canceled before the term is up to an insurance agent selling these fixed-term contracts will receive a higher commission for block a client in a multi-year product we strongly recommend that you only buy renewable policies each year; there is absolutely no reason to take out a policy that leaves you unable to pass a renewal date if a more attractive or better coverage of quality assurance becomes available.
Household contents insurance Hausratversicherung is required to compensate you for loss or damage to your property included are all the objects in your home, such as furniture - including if necessary integrated in kitchen units - clothes, objects collection, sports equipment, valuables and computers for personal use fittings attached to the building and does not belong to you are generally excluded as these are the responsibility of the owner or the owner of the house under their own police to 'separate insurance.
Coverage includes the risk of fire, burglary, storm damage, water damage and vandalism coverage or outside the premises, for example, theft is often limited to about 10-15 of the total sum provided fire risk, water damage and theft of your home in your absence increases the longer you are away and you must notify your insurer if you plan to leave for over 60 days Some policies also include limited coverage for damage caused by power surges.
If you are renting, you should know that your household insurance does not cover damage to a rental furniture.
The sum insured is calculated using the replacement value of all your assets; if your total household possessions worth more than 75,000 euros, there are a number of international insurance companies that provide all-risk coverage that may interest those who have collections of art, jewelry and other large objects This value coverage is more comprehensive than is normal for German standard policies.
The bicycle thefts are a problem in Germany, where so many people use two wheels; additional insurance should be purchased, especially if more than one bike belongs or if the iron horse in your possession is useful Some insurance rates include coverage for bicycle theft, but this is far from universal.
Set the window panes may also be provided separately; it is a good idea when the windows are large and expensive to repair and especially so when there are young children in the household who are prone to throw their toughest possessions without necessarily consciously aim too.
If you are self-employed and usually work at home, you should make your office supplies separately.
Premiums for all household insurance coverage depend on the area in which you live, the value of your property and benefit levels that you want to have.
You should know that the German household or home insurance with either a term of three or five years can not be canceled before the term is up to an insurance agent selling these fixed-term contracts will receive a higher commission to block a client in a multi-year product Our strong advice is to buy only renewable policies each year; there is absolutely no reason to take out a policy that leaves you unable to pass a renewal date if a more attractive or better coverage of quality assurance becomes available.
Both the German and indeed the German legal system are probably radically different traditions and experience the most new residents misunderstandings or disagreements with employers, landlords, neighbors, local businesses, and tax authorities, not to mention the parties involved in a car or perhaps another accident happens quite often.
Insurance legal assistance Rechtsschutzversicherung could save you significant amounts of money and a lot of personal discomfort This insurance can help protect your rights and help you to courts without having to spend your money in advance without knowing whether you will win your case and have your legal fees reimbursed at a later date.
Most people simply can not afford to take the risk of going to court, especially when they do not understand the language.
Lawyers and legal costs in Germany are based on the amount in dispute For example, if you have a dispute with your landlord and need to go to court according to a disputed amount of EUR 4 000, the costs of court and lawyer who will be paid in advance can be as high as 4000 If you have insurance of legal assistance and your request is considered valid by your insurance company, the insurer will pay the necessary payments.
This insurance covers the costs of your own lawyer, court costs and witness costs of the opposing party if you lose the case and bail outside Germany.
Disputes with landlords or neighbors three months waiting period.
Conductor loss Wrongful permits, traffic accidents and violations.
Disagreement with the tax authorities in court cases.
Advice on inheritance issues but not for disputes between beneficiaries.
Claims for compensation for damage damage or injury.
It should be noted that legal advice concerning inheritance and family law is limited and that the divorce is not included.
There are specialized policies for the self-employed or those in senior management positions.
Insurance that covers death or disability Unfallversicherung is often forgotten or simply ignored because it is ill at ease to think about it normally pays a lump sum in the event of a valid claim arising from an accident.
Generally, an accidental death policy or 100 must provide disability coverage 5-6 times the annual income of the insured.
Death is explicit, but there is a table of rates of compensation for damage or loss of body parts; eg, blindness in both eyes may receive compensation up to 100 of the total sum insured, while the loss of a leg to the knee could result in compensation to 50 and the loss of a finger to 30.
Many accident insurance policies also pay benefits in the event of an insured child swallowing a toxic substance.
This insurance should not be confused with work disability, critical illness or income replacement coverage benefits under an accident insurance policy will not be paid if you become disabled due to illness.
You should know that the German accident insurance for a period of several years can not be canceled before the term is up to an insurance agent selling these fixed-term contracts will receive a higher commission to block a customer a product of many years Our strong advice is to use that renewable annually accident policies.
Risikolebensversicherung term life insurance makes sense for those who have families and mortgages and because it will provide a lump sum in case of death of an insured person by virtually any cause This insurance is cheap and the cost is based on the age of the insured at the beginning of the insurance, the sum insured itself, the insurance term and smoking status and medical history of the insured person.
For those who have an existing term life insurance from their country of origin, it is important to receive confirmation of your current insurer that the policy is valid while residing in Germany.
An annual travel insurance policy Reiseversicherung offers complete insurance coverage for each private or if you are self employed, as business travel without the need to purchase a new policy for each trip.
An annual travel insurance policy normally pay for itself after your second private trip abroad There are no limits on the frequency you can travel with world coverage areas barring war known You be aware of the normal maximum duration of each journey, depending on the tariff, can be between 31 and 42 days in case you want to take a longer trip, it should be recommended to the insurance company to 'advanced.
An annual travel insurance package will normally include the following advantages.
Reimbursement of cancellation charges resulting from an inability to travel due to an accident or a serious illness This is normally useful as a standalone product, for trips that cost at least 500 euros per person.
If you can not finish your trip on time, additional costs for the return trip will be reimbursed You should know that, depending on the severity of the reasons to restrict your travel, some insurance companies will also pay the value of the unused portion a lesser stay.
This reimburse costs of medical treatment required abroad for acute illnesses and any necessary repatriation of the insured in case of emergency.
If you are or will be in the health system of the German government, we strongly recommend you take out annual travel health insurance policy that will cover you for emergency hospital and the treatment of patients, medically advised evacuation and emergency dental care outside of Germany.
The current value of your goods and luggage in case of theft or robbery, or the costs incurred by the damage or loss of your goods during transport, be reimbursed; up to the maximum limit specified in the policy.
Most insurance companies offer assistance through their phone lines for emergencies.
Insurance Information provided by Matz-Townsend Finanzplanung Copyright 2017 All reports in January 2017 - no warranty of accuracy or completeness Reprinted with the author.
Some common terms you may encounter and what they mean in English.
Abmeldung Angeh deregistration deadline Antragsfrist rige burden for repayment of the application Beitrag Beitragsr premium Bezugsberechtigter beneficiary premiums Berufshaftpflicht professional liability insurance Betriebskrankenkasse BKK company health insurance fund exemptions Freibetr age Freiwillige versicherung voluntary insurance Gesetzliche legal fund Krankenkasse of group health insurance Gruppenversicherung liability insurance Haftpflichtversicherung Hausratversicherung insurance for household items Karenzzeit waiting period Krankenhausbehandlungen hospital ill medical opinion Krankenschein Krankentagegeld daily life insurance Krankenversicherung compensation insurance Lebensversicherung Leistung sickness benefit Mietrechtsschutz lawful rent Pflegeversicherung long mandatory protection member Pflichtmitglied long-term nursing care insurance premiums has MIE Pr of legal protection insurance I nsurance Travel Reiseversicherungen Rechtsschutzversicherung R ckvers icherung reinsurance Selbstbeteiligung coinsurance or deductible insurance accident Unfallversicherung Versicherungsmakler insurance broker represents the client Versicherungsvertreter insurance agent represents complete coverage of the insurance company.
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