What capital is suitable for life insurance?
The capital in a life insurance must cover the family's expenses for a sufficient period of time. That is, that which covers the difference between the income (usually the salary) and the retirement pension (approximately 50% of the salary).
We must also consider any debts to be cancelled or if the family has savings that can be used in the event of an emergency.
In addition, the insured person's age and the family commitments (number of children and their age) are aspects to be considered.
A simple way of calculating the capital is multiplying the income, usually around 4 or 5 times the annual salary.
DKV Life Insurance, protect your family's future today
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Financial protection for your family if you're not there.
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Capital advance in the event of a terminal illness.
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Bereavement assistance service to help deal with the loss of a loved one.
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Family assistance in the event of death, online will and legal advice.
Other frequently asked questions about life insurance
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What is understood by total disability and permanent disability?
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Who will receive the compensation in the event of an accident?
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If I contract an illness, can the insurer cancel my insurance?
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Is it compulsory to take out life insurance when being granted a mortgage?
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What is the difference between funeral insurance and life insurance?
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Will I still be insured in the policy if I receive the disability benefit?