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Mahdi Barzkar
Owner and insurance broker authorised under section 34d(1) of the German Trade Regulation Act · Register number D-H3YB-K7WLO-18.
Pensions & protection
Sum insured calculator for term life insurance
Term life insurance (Risikolebensversicherung) protects your family and partner if an income is lost. The calculator estimates the sum that covers ongoing costs and loans.
Result
- Income to be replaced per year
- Total need
- Recommended sum insured
The results are non-binding estimates for guidance only and do not replace tax, legal or investment advice. What counts are your payslip, your tax assessment (Steuerbescheid) and the terms of your contracts.
How it is calculated
Need = annual income to be replaced × years + outstanding loans + other costs. Existing assets and death cover are then deducted.
Survivors' pensions from the statutory pension insurance are not included; they can reduce the need.
Frequently asked questions
How long should the term be?
At least as long as loans are running or children are financially dependent. A decreasing sum insured can suit an annuity loan.
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Next step
Put your topic into context with us.
Send a short request without health or contract details. We will contact you to agree on the next step.