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Financial Security in Your Career:
Why Get Disability Insurance? insurance is essential
In your working life, many unforeseen events can occur that may significantly impair your ability to continue working and earning an income. Disability insurance offers comprehensive coverage that is tailored to your individual needs and professional situation. In this blog post, you'll learn how to protect yourself effectively and what special benefits we offer you.
One in four people becomes unable to work
Statistics show that one in four people will become becomes unable to work , often due to mental health conditions or physical impairments. Without adequate protection, the financial consequences can be severe. In 2022, the average disability pension in Germany was approximately 648 euros gross per month for partial disability and 1,295 euros gross for full loss of earning capacity– Amounts that are often insufficient to maintain one's accustomed standard of living.
Why Choose Our Disability Insurance?
Benefits of DEVK Disability Insurance
- A forecast period of only 6 months: This means that benefits can be granted as soon as a forecast of occupational disability lasting at least six months is made.
- Discounts for non-smokers: So, a healthy lifestyle is rewarded.
- Jobstarter-BU: The sooner you take out disability insurance, the better. Young professionals under the age of 30 benefit from discounted premium rates for 5 years.
- Driver's License Provision: Benefits may still be available for certain occupational groups even if they lose their driver's license.
- Infectious Disease Clause: Coverage even for work-related infectious diseases.
- Guaranteed Reinstatement: You can increase your insurance coverage in the event of life changes such as marriage, the birth of a child, or a career advancement—without having to undergo another medical exam.
- Temporary Relief for Payment Difficulties: Flexibility During Financially Difficult Times.
Tax Benefits
Benefits from disability insurance are taxable only on the investment income portion, which means that a large portion of the pension is remains tax-free . This increases the net pensionyou will receive when benefits are paid.