Skip to main content

Why take out a death benefit policy?

A death benefit insurance provides financial assistance to your family in the event of your death. Your income often makes up a large part of the capital within your family. If this suddenly disappears as a result of your death, this may have a major impact on the financial status of your loved ones.

Thanks to your death benefit policy, your loved ones will receive a capital that enables them to pay the funeral costs and the inheritance tax, and to maintain the lifestyle they are used to.

Which death benefit policy should I take out?

There are two types of death benefit insurances:

  • A life-long death benefit insurance will pay out a capital sum to your beneficiaries upon your death. The cover can run until the insured person has reached the age of 85 years.
  • A term death benefit insurance is only valid for a specific period. A capital sum is only paid out to your dependents if you pass away before the end date of the insurance contract.

To what should you pay attention when taking out a death benefit insurance?

Some contracts provide for the payment of a capital sum, while others also arrange the entire funeral service. We therefore provide you with a clear comparison of the countless formulas in terms of death and funeral policies, so that you can decide which policy is the right one for you.

Want to stay up-to-date with the most important insurance news? Sign up for our quarterly newsletter.

Previous newsletters