Pension in Germany offered the English life insurance notes to the English life assurance, and Rurup by English or British insurance companies. They include the unit-linked variant, in contrast to the classic life insurance. The place of jurisdiction of the companies located in Germany, as well, the customer support is designed according to German law. Taking care of the customer base is guaranteed by several subsidiaries in Germany or other countries of in continental Europe. These factors make straightforward completing the right English life insurance. Life insurance companies must meet certain conditions in Germany. The English life insurance does this already for several years. The federal supervisory Office for insurance has examined this and then this gives his blessing.
Because the insurance be completed basically on a euro basis, concern about a currency risk is not here. The classic life assurance is subject to tax benefits. The English Life insurance but does not preclude this. English life insurance addition of, you can deduct their contributions as special editions of the tax. Tech investor has similar goals. Unit-linked life insurance, this is unfortunately not the case.
The years between 1999 and 2003 were considered quite weak stock market. However even at this time, the English life assurance generated average 10% return. In addition to a life insurance policy, but also the pension today is of great importance. In addition to the ordinary Riester pension, the Rurup stands for self-employed here pension available. Here it is possible to drop approximately 62% of the contributions in the current year tax. Expect even a deposition by 100% in the year 2025. Just as all pros and cons, the Rurup can be not excluded pension here. A major disadvantage here is that no funds may be removed during the entire period. A pension payment is only possible from the age of 60. A withdrawal of the assets occurs only over a lifetime Pension. Alternatively the lump is eliminated completely. A disadvantage is that the Rurup pension cannot be inherited. In this case, the conclusion of a survivor’s pension is recommended.