Do I need to change my insurance bills? However, this may change in the future, as households feel the effects of the economic crisis in the longer term due to the second wave. Rising unemployment and prolonged foreclosures may force many to draw on additional reserves, including life insurance accounts. For investment-type life insurance, the…
Details
What can we expect next year? The insurer’s survey confirms that the recession has boosted the popularity of long-term investments, with 65% of new customers choosing such schemes. When asked about self-care, nearly half (45 percent) of survey respondents said that “without financial self-care we are vulnerable”. Unfortunately, the crisis has shown this. Before the…
Details
How people’s emergency stocks were affected by the outbreak According to a survey, the uncertainty caused by the epidemic has prompted many people in Hungary to start taking out life insurance or other long-term investments. At the same time, however, there are many who have been unable to increase their existing savings or have even…
Details
Property insurance is a group of insurances that are designed to protect the finances of the insured customer. There are a wide variety of insurance solutions in this group, and each is designed to work in such a way that in the event of an insurance event, the only cost to the customer is the…
Details
Property insurance – types of property insurance policies In the group of insurance, you can find various types of offers that cover people or property. If the subject of protection is the client’s property, then we are dealing with property insurance. What are they? Insurance can be divided into several groups. What are the types…
Details
Social Security Its existence is based on the contributions made by taxpayers, on a compulsory basis, through their pay slips or through the legally required contributions for carrying out an activity. What is Social Security? Although we have already talked about what Social Security is from a practical point of view, in reality Social Security…
Details
Social insurance is a legally prescribed insurance system. Consequently, every citizen of the Federal Republic of Germany is obliged to take advantage of this comprehensive insurance coverage. The most important facts in brief Social insurance is mandatory for every citizen in Germany. It protects citizens against financial risks and ensures an adequate standard of living.…
Details
The weather is becoming increasingly extreme. Year after year, many regions of the country are threatened by floods that can cause enormous damage to buildings. Since classic homeowners insurance does not provide any benefits in the event of flooding, homeowners should arrange additional insurance coverage and also cover natural hazard damage. Floods can occur on…
Details
Flood insurance: myths and misconceptions – 2021 – Talkin go money Homebuyers are usually required to purchase homeowners insurance if they intend to mortgage their property. However, standard homeowners insurance does not cover flooding, so homeowners at risk must purchase flood insurance. Buyers should do their homework on flood insurance, as there are some myths…
Details
Flood insurance In today’s world, flood insurance has become indispensable for many. In many regions of Germany floods happen almost every year. The damages are sometimes very massive to the buildings and also the inventory. For those affected, the damage caused by floods without flood insurance leads to high financial burdens. For many affected people…
Details
DEFINITION of “Flood Insurance” Flood insurance is a financial tool that protects property owners from water damage to the structure and contents of their property. While flood insurance can be purchased from many different insurance companies, all policies are federally regulated, so the same policy costs the same amount regardless of which company it was…
Details
Flood insurance Flood damage is covered by flood insurance.The recent flood catastrophes in Germany have shown: flood insurance is elementary in order not to be left sitting on the huge damage sums. Current figures from the German Insurance Association (GDV) show that a large proportion of German homeowners underestimate their own flood risk. In addition,…
Details
What falls under property insurance? First of all: What is property insurance? The complex thing about this term from the insurance world is: property insurance is a collective term for insurance policies that cover damage to tangible assets – that is, that cover destruction, damage or loss of property or possessions. Thus, the field of…
Details
Disability insurance Disability insurance already insures children in case they are unable to work later on due to an accident or illness. Whether a disability insurance is necessary and what you have to pay attention to, you can read in the following article. Disability insurance – general information Disability insurance is almost exclusively taken out…
Details
Child disability insurance An illness or accident in childhood can result in lifelong health impairments. In the worst case, those affected are unable to complete vocational training and later provide for their own living expenses. With child disability insurance, parents can ensure that their children are financially protected. Child disability insurance steps in if the…
Details
What does health insurance cost in the USA? While the prices for health insurance are quite uniform, especially for the public health insurance companies in Germany, this cannot be said for the prices in the USA. Depending on the place of residence (city or country), state, size of the company, income, age, whether one is…
Details
Health insurance USA simply explained Again and again one hears that people in the USA have to pay enormous costs for hospital stays themselves, because they have no health insurance. But this does not have to be the case. This article shows which health insurance USA is recommended for travelers, emigrants or those on a…
Details
National Health Insurance Only some populations have the opportunity to benefit from government health insurance in the United States. At the state level, there are these three programs: Medicare Created as part of the Social Security Act, Medicare is designed to provide medical care for elderly and seriously pre-disabled citizens. Any American 65 years of…
Details
Health insurance in the USA The United States stands for unlimited freedom like no other country. And that’s why you can expect some surprises here – especially when it comes to the usually cost-intensive health insurance. Our guide explains the complex system of health insurance in the USA and informs you about your options. History…
Details
How can I pay the premium for car insurance? The premium for a car insurance policy must be paid in advance for the appropriate insurance period. If premiums are paid one year in advance, insurance companies do not take into account any premium surcharges, unlike so-called intra-annual payment methods. What should I keep in mind…
Details
Cancellation of auto insurance You can always cancel car insurance at the end of the contract period. The notice period is one full month. Most contracts end at the end of the year on December 31. If this applies to your contract, the termination letter must be submitted to the auto insurance company no later…
Details
How is the EU deposit guarantee scheme organized? In principle, if a bank in the European Union (EU) goes bankrupt, deposits such as current account balances, demand deposits and term deposits are legally protected up to €100,000 per customer and bank. In the case of joint accounts, such as those of married couples, the protection…
Details
Deposit protection: Protecting your savings Consumers often prefer a particularly safe form of investment. This is one of the reasons why classic bank deposits, such as current accounts, demand deposit accounts, savings books or term deposit accounts, are so popular. What all of these forms of investment have in common is that the funds invested…
Details
Life insurance why? Life insurance combines the advantages of a private pension plan with financial security for dependents – right from the start of the contract. Furthermore, customers can additionally protect themselves against risks such as accident or occupational disability. In addition, Why should life insurance be taken out? Life insurance covers the death of…
Details