Term life insurance is important if you have people who depend on your income. This can be a partner, a child or a relative – or even a business partner.
The premium for term life insurance varies depending on the sum insured and the duration of the policy.
Other possible risk factors are:
Depending on these factors the price for a €200,000 coverage would be €8-€25 a month.
Term life insurance pays an agreed sum to people of your choice, in the event of your death. It enables your survivors to pay for e.g. the education of your children, a real estate loan or the liabilities of a joint business.