Important Insurances for Expats in Germany

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Insurance for Expats
Welcome to Germany – the „Insurance Country“. There are alot of different types of insurance in Germany for expats to consider. Some are compulsory, some are optional and some are not needed. We will give you an easy overview. For consulting and a market research which one suits best for you please contact us. We will start with the important insurances for Expats in Germany.   Health Insurance (Krankenversicherung) The Health Insurance (Krankenversicherung) is compulsory in Germany, if you live or work here. There are two different health care systems. The Public Health Insurance (Gesetzliche Krankenversicherung) and the Private Health
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Minimum wage, guaranteed interest rate cuts and family relief: everything that will change in 2022

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2022
In the new year 2022, numerous laws and regulations will change again – some can be beneficial for consumers and taxpayers: In the new year families will be tax relieved and the minimum wage will be increased. The guaranteed interest rate cut, on the other hand, has a negative effect on premiums for occupational disability insurance and makes company pension schemes and Riester pensions even more unattractive than they were before. New sales law from 2022 When selling goods to consumers, sellers will meet numerous new obligations from January 1, 2022. The focus is on, among other things, an update
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Reduced guaranteed interest rate in 2022 makes occupational disability insurance more expensive

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As of January 1, 2022, the guaranteed interest rate will be reduced from 0.9 percent to 0.25 percent. This value is particularly relevant for life insurance. If this value falls, this confuses the calculation of the contributions. In most cases this means that the insurer has to increase the premiums. For the year 2022, experts therefore expect increasing contributions of up to 15% for occupational disability insurance and accident insurance. Other sectors are also affected, albeit not as badly. In the area of life insurance, which also includes occupational disability insurance (BU), there is a so-called maximum technical interest rate,
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Special concepts: important insurance for diplomats

Diplomats are subject to special regulations, as they represent the state at government level vis-à-vis other foreign states or international organizations under international law. Due to the regular change of location, the peculiarities of everyday work and special legal regulations, special financial concepts are required in order to guarantee the diplomats and relatives the highest degree of flexibility and security. We know the special requirements that are important for an embassy, diplomat or consulate and, in cooperation with specialists from all areas, have developed special concepts for diplomats, their relatives, embassies and consulates. The following article gives a little insight.
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