There's no way of knowing what fate has in store for you. Your financial future, however, is another story. A life insurance policy won't prevent an accident. But it can protect you, your family or your business partner against the financial consequences.
When you pay AHV and pension fund contributions, you may be lulled into a false sense of security. The benefits from Pillars 1 and 2 are in no way a full substitute for your accustomed income. Check your situation and take action if you have pension gaps.
If you become disabled as a result of an accident or illness, you are entitled to benefits from Pillars 1 and 2 as well as from other types of insurance you may have. If you die, your dependants also receive payments. The difference between all benefits and the income you actually need is described as your pension gap.
Changes in life circumstances such as your children starting work or a new job alter your requirements and hence your pension gap.
You can close pension gaps in case of disability or death with term life insurance. This offers protection against specific risks only and is correspondingly inexpensive. There are other types of life insurance if you have other goals in mind, such as retirement provision or wealth accumulation. Combined solutions are also possible.
The Protection calculator will give you a basic overview. However, for a precise analysis of your situation, pension advice is essential. Our advisors in the General Agency – Pensions and& Assets in your area are available to calculate your pension gap. This calculation is individually tailored to your existing insurance policies, your financial obligations and your wishes.
Close your pension gaps for the risks of disability and death. This protects you and your dependants against financial problems if you can no longer work for health reasons or if you die. Effective risk coverage will also fit into a tight budget, where it may play an especially important role. There is term life insurance for occupational disability and for death.
Protect yourself and your dependants against salary losses in case of occupational disability if for health reasons you can no longer work or only work to a limited extent. Those who are self-employed or own a home are especially exposed when confronted with loss of income. This pure risk policy is a key investment, especially for those with little financial leeway.
Give your family members or business partners financial stability in the event of death. This at least prevents financial worries from adding to the pain of bereavement. Financial worries that might otherwise result from a lack of income to cover living costs, or from unsustainable obligations such as loans, mortgage debt or other liabilities.
A combination of the different insurance options is possible.
Supplementary accident insurance for insufficiently insured adults and children
A death lump sum can also be insured for two persons. The capital is paid out when one of the two persons dies.
Under occupational benefits insurance, a single person without children pays contributions for benefits he or she will never need, namely for child's pensions and surviving dependants' pensions in the event of death or disability. Pillar 3 coverage can be tailored precisely to a single person’s effective needs. You only pay for what you actually need.