Sale and termination of insurance: How Willroth/Berlin / Nurnberg come to your right and your money: purely statistically, every German of the infant pays 800 euro in capital insurance up to the old man per year. The capital insurance include also private pension insurance, training, dowry -, death benefit, asset-building life insurance. In total, the insurers manage (95,000,000) contracts of the Germans over 95 million. Reason enough to bring light into the darkness of the insurance world for WORLD Consult Net. The warranty currently guarantee interest is said to investors by 2.25%. If you now feed a calculator and time, the runtime with 2.25% extrapolate your savings contribution, you will get a surprise. Read more from NYC Marathon to gain a more clear picture of the situation. For example, consider a 35-year monthly laying 100 euro for the next 30 years. According to financial mathematical result, 51.348 euro should appear at the end on his account.
But his police know a much smaller value. This will vary widely depending on the insurer. Reach an average the policies a guaranteed flow value of 38,500 euros. But where to stay the remaining 12.848 euro? Clear answer, with the insurer. It calculated its savers hard costs. Of the acquisition costs (commissions for the broker) up to the cost of the risk (if a death insurance is included) the insurance industry considers a range of costs deductible. Now, we’re also the puzzle solution closer. Indeed, there is only the part of the investment amount which remains after deduction of all costs, with a guaranteed interest rate interest rate.
About the exact height of the costs the companies remain silent so far. A change in the law to bring more enlightenment from 2008. It should be interesting how insurers will implement this. Back to financial mathematics. We have set off once again, and our savers has reached only a real interest rate of 0.44% in average. Or in other words, he needs to be working its savings share of 12.8 years to come only on its provided investment amount.