An accident, unexpected death or loss of earning capacity can throw a family’s life into complete disarray from one moment to the next. These situations are not only psychologically distressing, but often also financially taxing. Our insurance solutions are designed to offer you and your loved ones protection from the financial fallouts of such situations.
No one likes thinking about death. Even though we might be well advised to do so. Because it really only takes very little to make sure that your family will be provided for in case the worst were ever to happen. Generali has a range of options for protecting your loved ones:
Death benefits insurance
One option is to take out a death benefits insurance policy. This policy fills in the financial gaps not covered by the compulsory social insurance schemes. Without death benefits insurance, family members will receive a maximum of 90% of the deceased’s wage in the event of an accidental death. If they died due to an illness, this drops to just 60% of their wage. Unmarried couples are not normally entitled to any of their deceased partner’s pension.
Income protection insurance
Another option for protecting yourself and your loved ones is to take out income protection insurance. This insurance policy will protect your income in such a way that you and your family can continue to finance your daily living expenses even if you lose your income for a prolonged period of time due to illness or accident.
Pillar 3a
In addition to the above, it is definitely worth protecting yourself with a Pillar 3a policy. This will ensure that the deceased’s pillar 3a capital will be paid out to their heirs.
Life insurance
Generali also offers life insurance. If anything should happen to you, your loved ones will enjoy financial protection thanks to the guaranteed death benefit. You can also add income protection insurance to your life insurance if you wish. In that case, your family would not only be protected in the event of death, but also in case of an accident or illness.
Guide: how to protect yourself and your family
We have developed a guide with everything you need to know about family finances together with Beobachter magazine. You can download the Guide here and start protecting yourself and your loved ones today.
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