Private accident insurance protects around the clock
Around eight million Germans suffer an accident every year, and a serious accident can have far-reaching financial consequences – especially if it leaves you unable to work and your income is lost. Since statutory accident insurance only applies in certain cases and primarily pays for accidents that occur at work or on the way there, you should consider comprehensive coverage with private accident insurance. Private accident insurance provides the necessary financial support, especially during leisure time, where almost three-quarters of all accidents occur.
Companies
FAQ - THE MOST FREQUENTLY ASKED QUESTIONS ABOUT ACCIDENT INSURANCE
Basics
An accident can happen at any time. If you are seriously injured and suffer permanent damage, your life can change dramatically. Often, you are no longer able to continue your usual activities or even your job. While statutory accident insurance only covers accidents at work, at school, or on the way there, private accident insurance offers around-the-clock protection in all areas of your life.
Who needs accident insurance?
Anyone can benefit from private accident insurance in an emergency. However, it's especially recommended for the self-employed and freelancers, active athletes, stay-at-home dads and moms, people with an increased risk of accidents, and workers with pre-existing medical conditions who aren't eligible for private occupational disability insurance. By the way, you can also protect your children with private accident insurance.
The services
Accident insurance applies if you suffer permanent physical or mental impairment as a result of an accident. Depending on the plan, it can also pay benefits to your surviving dependents in the event of your death. The insurance benefits can be paid either as a large lump sum or as a recurring accident pension. The amount of the benefits depends on the degree of disability. Additional benefits such as convalescence or daily sickness benefits can also be insured.
What sum insured?
The insured sum forms the basis for the payout in the event of disability. The higher the degree of disability, the higher the payout. Accident plans with "progression" pay a multiple of the basic insured sum for an impairment of 50% or more. It is advisable to adjust the insured sum to your personal circumstances. The basic sum should be at least three times your annual income.
Accident insurance or occupational disability insurance?
Accident insurance is generally cheaper than occupational disability insurance, but it only pays out in the event of an accident. Occupational disability insurance, on the other hand, also offers protection if you have to give up your job due to illness. Occupational disability insurance is particularly advisable for those born after 1961, as statutory coverage has been significantly reduced. If you want to ensure you are well covered in the event of illness or accident, our experts will be happy to help you find a suitable and affordable solution!
