Insurance in Germany gives you, as a resident of the country or visitor, the opportunity to enjoy the benefits of the country. Having proper insurance in Germany does not necessarily mean that the country is unsafe. In this case, the insurance takes care of the many things that can unfortunately happen and throw you off budget.<\/p>\n
Insurers in Germany are the safe and caring partner at the point of greatest need. In Germany, there are different types of insurance that play an important role in carrying out everyday activities. In Germany, for example, insurance plays a role in protecting the family and oneself from financial loss. In addition, insurance helps maintain a family's standard of living in the event of job loss or death. German insurance companies are regulated by the Federal Financial Supervisory Authority (BaFin).<\/p>\n
In Germany, there is free health care, which is financed by statutory contributions. In addition, residents of Germany may take out private health insurance (private health insurance). All residents of Germany have access to health care through the statutory health insurance system. Other residents of the European Union have access to health care in Germany through the EHIC.<\/p>\n
An employee with annual earnings of less than 57.600 € participates in the compulsory health insurance. To register for health care in German, you should visit the Einwohnermeldeamt (city hall). After registration one gets a social security number or German social security number.<\/p>\n
Residents of Germany can choose between public and private health insurance. To do this, you should meet the following conditions:<\/p>\n
In Germany, one should pay about 2.5% of one's earned income into the unemployment insurance fund. Employer and employee each pay half. The eligibility requirements for the unemployed are:<\/p>\n
Those who are not eligible for unemployment benefits in Germany can receive unemployment benefits II. Requirements include need for support, ability to work, age between 15 and 65 years and residence in the Federal Republic of Germany. Unemployed people with children receive 67% of social benefits, while unemployed people receive 60% .<\/p>\n
Just like health insurance, car insurance is compulsory in Germany. Therefore, a minimum liability insurance is required for each vehicle. In Germany and most European countries, it is the vehicle that is insured and not the driver. Liability insurance compensates for damage to other vehicles and medical expenses in the event of an accident.<\/p>\n
Partial or partial casco insures everything in the third part as well as costs related to damage to your own vehicle. Also insured are storm damage and fire. Unfortunately, vandalism is not insured if you caused it yourself.<\/p>\n
The comprehensive insurance covers all costs. Even if people damage their own vehicle, they are insured. Factors considered in car insurance costs in Germany include:<\/p>\n
Everyone dreams of owning their own home. Thus, homeowner's insurance helps cover damage or loss that occurs due to accidents to the home. Accidents include natural disasters, fire, earthquakes, lightning and floods.<\/p>\n
There are three main types of household insurance in Germany. This includes homeowner's liability insurance for movable property, including appliances, furniture and clothing. Buildings insurance covers solid objects such as ceilings, floors and walls. Household contents insurance covers accidents in the home with personal injury.<\/p>\n
As the name suggests, life insurance covers life in Germany. Insurance is important to ensure that dependents are financially secure in the event of an untimely death. People who need life insurance in Germany include entrepreneurs, old adults with no savings, adults with student loans, main family earners and parents with young children .<\/p>\n
In Germany, premiums for a life insurance policy are based on health status, policy duration, coverage amount and policy type. The insurance company offers a certain amount of money to the survivors of the deceased person.<\/p>\n
Travel insurance is obligatory when applying for a Schengen visa for Germany. The policy is also important for Germans visiting other countries outside the European Union. The reason for this is that it allows you to receive emergency medical expenses.<\/p>\n
Other travel insurance benefits include repatriation, where a person is transported to their home country in the event of death. It also covers one in case of shortening or cancellation of the trip. In addition, insurance coverage is provided for missed and delayed departures, stolen luggage and trip interruption.<\/p>\n
German law requires that every pet owner must have insurance. Pet liability insurance covers financial damages related to a person's pet to third parties. Therefore, every dog owner is liable for damages to third parties because of the pet.<\/p>\n
Pet insurance also covers personal injury, which covers medical care, and property damage caused by dogs to homes and buildings. Other things covered in liability insurance are passive legal fees, financial losses and broken property.<\/p>\n
In Germany, legal expenses insurance covers costs associated with unexpected legal disputes. This means that the insurance company will pay for translation costs, witness expenses, court fees, legal fees and lawyers . In addition, the insured can be protected against disputes in various legal fields.<\/p>\n
Personal liability insurance covers accidents in or out of the home. Personal liability benefits include legal fees, medical bills, and if a guest is injured on the property. Taking out the insurance can help a person not to be out of money in case of incidents. The insurance also covers property damage, personal injury and legal disputes.<\/p>\n","protected":false},"excerpt":{"rendered":"
Insurance in Germany gives you, as a resident of the country or visitor, the opportunity to enjoy the benefits of the country. Having proper insurance in Germany does…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"yoast_head":"\n