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Tag: private health insurance

The Ultimate Guide to Choosing Health Insurance in Germany

Posted on by MW Expat

Choosing health insurance in Germany requires careful consideration of your circumstances and long-term needs. Germany is renowned for its high-quality healthcare system, and one of the most important decisions you will need to make when moving to the country is choosing the right health insurance. The German healthcare system is comprehensive and a bit complex, especially for expats unfamiliar with how it operates. In this guide, we will help you understand the options available and the factors that can help you select the health insurance that best suits your medical and financial needs.

Public vs. Private Health Insurance in Germany

 Germany’s healthcare system operates under a dual structure that includes both public and private health insurance. Health insurance is mandatory for everyone living in Germany, including expats, whether they choose public or private coverage. When choosing health insurance in Germany, understanding both types of coverage is key:

Public Health Insurance (GKV)

Public health insurance, known as Gesetzliche Krankenversicherung (GKV), is the default option for the majority of residents in Germany. It is mandatory for anyone earning less than €64,350 per year (as of 2023). The system is non-profit and funded by contributions from both employees and employers. In 2023, the premium is set at 14.6% of an employee’s gross income, with an additional charge of around 1.1% depending on the chosen insurer. GKV is managed by various non-profit health insurers, known as Krankenkassen, who offer similar levels of coverage but may differ in terms of customer service and extra benefits. These insurers cannot deny applications from eligible individuals, making GKV accessible to everyone who falls within the required income range or meets other eligibility criteria.

Private Health Insurance (PKV)

Private health insurance, or Private Krankenversicherung (PKV), is available to individuals who either earn more than the income threshold or are self-employed. Unlike public insurance, private insurance premiums are calculated based on factors such as age, health status, and the level of coverage selected. Private insurers offer customizable plans that allow policyholders to tailor their health coverage according to their specific needs. Private insurance provides more comprehensive coverage and faster access to medical services. Although PKV offers flexibility, once you switch to private insurance, it can be challenging to return to public insurance.

choosing health insurance in germany

Detailed Comparison of Public vs. Private Insurance

Cost Comparison 

When choosing health insurance in Germany, it’s essential to understand is that the cost structure for public and private health insurance is quite different. Public insurance premiums are based on a percentage of your income. In 2023, employees pay 14.6% of their gross income, with employers contributing half of this amount. For example, if your monthly income is €4,837, your contribution to health insurance would be approximately €770, with €385 paid by you and €385 by your employer. There is a cap, meaning that once you reach a certain income level, your contributions will not increase. Private insurance, however, operates on a system tailored to individual circumstances. Premiums depend on factors such as age, health, and the level of coverage you select. 

choosing health insurance in germany

Flexibility and Freedom of Choice 

When choosing health insurance in Germany, one of the primary benefits of private insurance (PKV) is the greater flexibility it provides. With PKV, you often have the freedom to choose your doctors and specialists without needing a referral. This can reduce waiting times and give you faster access to medical care. In contrast, public insurance typically requires referrals from a general practitioner before seeing a specialist.

In terms of hospital stays, private insurance often offers the choice of private rooms and treatment by senior physicians. Public insurance, on the other hand, only provides coverage for shared hospital rooms and treatment by the available medical staff.

Waiting times and services

The decision-making process for choosing health insurance in Germany should also consider differences in waiting times and services. Public insurance holders may experience longer waiting periods for certain treatments or specialist visits, while private patients often enjoy shorter waiting times and priority access to services. Private health insurance also tends to offer more personalized care, with some policies covering services such as direct access to alternative medicine, homeopathy and wellness treatments that may not be included in public health insurance plans.

4 Factors To Consider When Choosing Health Insurance in Germany

Choosing the right health insurance in Germany depends on various personal factors. When evaluating the different options, it’s essential to consider your specific healthcare needs to choose the right health insurance in Germany. Here are the key considerations you should keep in mind:

1. Your Income Level

Your income is the primary factor that determines whether you are eligible for public or private health insurance.

If you earn less than €64,350 annually (or €5,362 per month), you are required to join the public health insurance system. This income threshold changes slightly each year, so it is important to check the latest updates.

Public insurance is designed to be accessible for most people in Germany, while private health insurance (PKV) is generally available to high earners or self-employed individuals and a more convenient option for them. Understanding your income level is crucial as it directly impacts your ability to choose the right health insurance in Germany that fits your circumstances.

2. Pre-Existing Health Conditions

If you choose public health insurance, pre-existing medical conditions are not a concern, they are fully covered without affecting your premiums. However, this is different when it comes to private health insurance. While private insurers are required to accept individuals with pre-existing conditions, they are allowed to charge higher premiums based on the additional risk. In some cases, they may only offer limited coverage that is similar to what public insurance provides. Addressing your health needs and financial situation is crucial to choose the right health insurance in Germany.

3. Medical Coverage

The benefits provided by public and private health insurance can vary significantly. Public health insurance typically covers:

  • In-patient hospital care as a ward patient.
  • Out-patient care from general practitioners and specialists.
  • Prescription medications.
  • Basic dental care.
  • Pregnancy and maternity care.
  • Employee sick pay (up to 90% of your salary after six weeks of illness).

Private health insurance, however, allows for more tailored plans that can include additional services like:

  • Private rooms during hospital stays.
  • Direct access to specialists without a referral.
  • More comprehensive dental care.
  • Alternative medical treatments.
  • Fixed-rate premiums that do not increase significantly with age.

4. Family Coverage

If you opt for statutory health insurance, your family members, such as your wife and children, can be covered under your policy at no extra cost, as long as they do not earn more than €450 per month. This is particularly beneficial for families where only one parent works or when the other family members have minimal income. You can read more on family health insurance on this link.

Considering these factors can help you avoid common mistakes and ensure that you choose the right health insurance in Germany based on your specific needs and circumstances.

Common Mistakes to Avoid When Choosing Health Insurance in germany

When choosing health insurance in Germany, there are some common mistakes you should avoid:

  • Not considering future health needs. If you have a family history of certain medical conditions or are planning to stay long-term, choose insurance that will support your healthcare needs over time.
  • Ignoring waiting times. While public insurance may have longer waiting periods for certain treatments, private insurance provides quicker access to specialists. It might be worth spending a bit more to ensure you’re always protected and can receive timely medical care when needed.
  • Opting for the cheapest option. We understand that it may be tempting to choose the least expensive plan, but cheaper policies often provide less comprehensive coverage, which can lead to higher costs later on.

Switching Your Insurance Provider

Switching your insurance provider in Germany can be a significant decision, especially if your circumstances or preferences change over time. Whether you are covered by public or private health insurance, understanding the regulations when choosing health insurance in Germany is essential. For those enrolled in public health insurance, the minimum period of membership with a specific Krankenkasse is typically 18 months. After this period, you can switch to another public insurer without penalty. 

On the other hand, if you are considering switching to private health insurance, the rules are different. If you meet the eligibility criteria—such as earning above the annual income threshold or being self-employed—you can transition to a private insurer with a 2-month notice period. However, it’s worth noting that switching to private insurance is often a long-term commitment, as rejoining the public system can be challenging. 

We understand that choosing health insurance in Germany can seem daunting, especially for expats unfamiliar with all the options available. However, by understanding the differences between public and private health insurance, evaluating your personal needs, and staying informed about the regulations for switching providers, you can make an informed decision. Consider seeking advice from an insurance expert when choosing health insurance in Germany to ensure a smooth and informed transition. f you need personalized advice, you can arrange a free consultation with us here. We also have a live chat feature available on every page. If you have any questions, just click to start a conversation, and our team will be happy to assist you shortly!

What our clients say about our services

GOWRI S.
GOWRI S.
Proven Expert Review
I have had an incredible experience with Dabar Reimer. She is very well experienced and was able to provide solutions for multiple scenarios. I am very thank full to her and highly recommend having a discussion with Dabar before choosing your next insurance policy.
Grant F.
Grant F.
Proven Expert Review
They have been so patient and thorough with helping during every step. I couldn’t imagine doing this on my own!
Chew Teck S.
Chew Teck S.
Proven Expert Review
My agent, Anja Lampert is super friendly and helpful throughout the entire process. Excellent service provided.
Anonymously
Anonymously
Proven Expert Review
The support I have received from Dabar was outstanding. She was always available to answer all my questions, and helped me out through the whole process. Thank you so much!
Nikos
Nikos
Proven Expert Review
I have appointed with Alex as the to-go person for all matters. Honestly he is providing the best service someone can get in Germany, solving problems literally in minutes! Highly recommend MW Expat Solution!
Anonymously
Anonymously
Proven Expert Review
It was a brilliant experience with MW expat. Right from filling up my details online, receiving a prompt call to book an appointment for detailed discussions of my needs to finally having a zoom call to talk to an advisor face to face was quick efficient, and re-assuring. I had the privilege to talk to Adriana Gonzalez, who was nothing short of brilliant. She was extremely composed, utterly professional, and very helpful.
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Insurance Claims Process in Germany: The Essential 5-Step Guide

Posted on by Clara

Germany’s insurance system is designed to provide solid coverage options, and understanding the insurance claims process in Germany can save you time, effort, and money. Although these processes can feel overwhelming, once you grasp how different types of insurance claims work, the journey becomes much more manageable.

In this guide, we’ll walk you through everything you need to know, from filing health and auto insurance claims to identifying common reasons for claim denials and how to address them.

Types of Coverage

When it comes to filing insurance claims in Germany, understanding the types of coverage available and the insurance claims process in Germany is essential for expats. Each type of insurance carries specific requirements and procedures for filing claims, so knowing what’s expected can help you avoid delays and increase your chances of approval. Here’s a breakdown of the main insurance types expats in Germany might need:

  • Health insurance (Krankenversicherung). Mandatory for all residents, health insurance covers medical costs. For claim purposes, understanding whether you are on public or private health insurance is key.
  • Vehicle insurance. If you own a vehicle, car insurance is legally required.
  • Liability insurance (Haftpflichtversicherung). Highly recommended for all residents, this insurance covers damages you accidentally cause to others or their property.
  • Home and contents insurance (Hausratversicherung). This insurance protects against damage, theft, or loss of belongings within your home.
  • Term life insurance. Though optional, life insurance provides financial security for family members if the insured passes away.

When is it Necessary to File a Claim?

Knowing when to file a claim is essential for navigating the insurance claims process in Germany. You should consider filing a claim when you experience a loss that falls under your policy’s coverage, such as property damage, medical expenses from an accident, or theft. Additionally, if an incident significantly impacts your finances or well-being, it’s crucial to take action. Filing promptly ensures you meet any deadlines set by your insurer and helps facilitate a smoother claims process.

insurance claims process in germany

Types of Insurance Claims in Germany

Understanding the insurance claims process in Germany is essential to adapt to the country’s insurance system, particularly for expats. Each type of insurance —whether it’s health, car, liability, home, or life insurance— has its own specific claims process and requirements:

1. Health Insurance Claims

For health insurance, the insurance claims process in Germany differs based on whether you’re in the public or private system. In Germany’s private health insurance system, you typically pay upfront for services and submit bills to your insurer for reimbursement. In the public system, payments are usually settled directly between healthcare providers and insurance companies.

2. Vehicle Insurance Claims

If you’re involved in a car accident or your car is damaged, inform your auto insurance provider immediately to begin the insurance claims process in Germany. Prepare documents like an accident report, photos, and repair estimates. German law requires you to report accidents within a strict timeframe, and auto claims often follow a standardized process for efficient handling. Check out the official site of the largest automobile club in Europe, Allgemeiner Deutscher Automobil-Club e.V. (ADAC), to find reliable resources on auto insurance requirements and claims, including more detailed steps to follow after an accident in Germany.

3. Liability Insurance Claims 

Liability insurance is often used when you accidentally cause damage to someone else’s property or cause them injury. Inform your insurance provider as soon as possible after the incident, providing photos or a detailed account of the event. This insurance is typically very straightforward and covers most types of accidental damage. Claims require proof of the incident, including any evidence like photographs or witness statements, to verify the event and determine compensation.

couple home insurance

4. Home and Contents Insurance Claims for Expats

Home and contents insurance is essential for protecting your belongings within your home, covering damages from events like theft, fire, water damage or natural disasters. If you need to file a claim, promptly notify your insurance provider and gather necessary documentation, such as a police report in cases of theft or photos showing the extent of damage. Some claims may also require proof of ownership, like receipts or product warranties, to verify the value of lost or damaged items. Timely reporting and comprehensive documentation can streamline the claims process and improve your chances of swift approval.

5. Life Insurance Claims

 Life insurance is an optional yet valuable policy that ensures financial protection for beneficiaries in the event of the policyholder’s death. Filing a life insurance claim and beginning the insurance claims process in Germany requires the beneficiary to notify the insurance company as soon as possible and submit essential documents, including the policy details, a certified death certificate (if applicable), and identity verification to confirm their relationship to the insured. Once submitted, the insurance company reviews the information and determines eligibility for payout according to the policy terms. This process can provide beneficiaries with critical support during a difficult time, but proper documentation and prompt communication with the insurer help ensure an efficient claims process

How to File a Claim in Germany: Step-by-Step Guide

Preparing to File an Insurance Claim in Germany

Before filing a claim, it’s crucial to prepare your documentation and understand your policy’s coverage limits as part of the insurance claims process in Germany. Thoroughly review your insurance contract and make sure you have access to all relevant documents, such as proof of identity and receipts for any covered items or services. Understanding what is covered and excluded in your policy can help you avoid surprises during the claims process.

Required Documents When Filing an Insurance Claim

When filing any insurance claim, you’ll typically need to prepare the following documentation as part of the insurance claims process in Germany:

  • Proof of identity (passport, residence permit).
  • Insurance policy documents that outline your coverage.
  • Receipts or invoices for any expenses.
  • Reports such as police reports for auto or liability claims, or medical reports for health claims.
documentos for the insurance claim

Step 1: Informing the Insurer

As soon as an incident occurs, notify your insurance provider promptly. Many policies have strict timeframes within which you must report claims.

Step 2: Gathering Required Documents

Collect all necessary documents, such as police reports for auto accidents or medical bills for health insurance claims. Each type of insurance will require different documentation. Being thorough and meticulous at this stage is crucial for the insurance claims process in Germany.

Step 3: Completing the Claim Form

Fill out the insurance claim form accurately, detailing all relevant information about the incident, including dates, descriptions, and any other pertinent details.

Step 4: Submitting the Claim

Once the form and supporting documents are ready, submit them to your insurance provider via the preferred submission method, which could be online, by mail, or in person. Proper submission is vital for the insurance claims process in Germany to avoid any delays.

Step 5: Awaiting Decision and Processing

After submitting your claim, the insurance provider will assess the information. You’ll receive a response detailing the approval, payment, or denial of your claim.

Claim advisor

What to Do if Your Insurance Claim is Denied

If you receive a denial letter, carefully review the stated reasons. If you believe the denial is in error, you can appeal by providing additional documents or information. Seeking legal assistance or consulting with a professional insurance advisor can be helpful, especially if language barriers pose a challenge. You can also check out the official website of Deutsche Rentenversicherung for further information on the insurance claims process in Germany. 

By familiarizing yourself with the insurance claims process in Germany, the different types of coverage and the specific requirements for filing claims, you can ensure a smoother experience when dealing with insurance matters. Remember to stay informed about the necessary documentation and processes to make your claims experience as efficient as possible.

If you need personalized assistance with your insurance claim, you can arrange a free consultation with our experts here. We also have a live chat feature available on every page. If you have any questions, just click to start a conversation, and our team will be ready to assist you shortly!

What our clients say about our services

GOWRI S.
GOWRI S.
Proven Expert Review
I have had an incredible experience with Dabar Reimer. She is very well experienced and was able to provide solutions for multiple scenarios. I am very thank full to her and highly recommend having a discussion with Dabar before choosing your next insurance policy.
Grant F.
Grant F.
Proven Expert Review
They have been so patient and thorough with helping during every step. I couldn’t imagine doing this on my own!
Chew Teck S.
Chew Teck S.
Proven Expert Review
My agent, Anja Lampert is super friendly and helpful throughout the entire process. Excellent service provided.
Anonymously
Anonymously
Proven Expert Review
The support I have received from Dabar was outstanding. She was always available to answer all my questions, and helped me out through the whole process. Thank you so much!
Nikos
Nikos
Proven Expert Review
I have appointed with Alex as the to-go person for all matters. Honestly he is providing the best service someone can get in Germany, solving problems literally in minutes! Highly recommend MW Expat Solution!
Anonymously
Anonymously
Proven Expert Review
It was a brilliant experience with MW expat. Right from filling up my details online, receiving a prompt call to book an appointment for detailed discussions of my needs to finally having a zoom call to talk to an advisor face to face was quick efficient, and re-assuring. I had the privilege to talk to Adriana Gonzalez, who was nothing short of brilliant. She was extremely composed, utterly professional, and very helpful.
Get a free Quote

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Get expert advice on the best solutions for expats – personalized to fit your unique needs. Start planning today!

Family Health Insurance for Expats in Germany

Posted on by Clara

Moving to a new country comes with many challenges, and ensuring your family is adequately protected is probably one of the most important tasks. In Germany, insurance is not only a legal requirement for some aspects but also a critical part of everyday life, especially for expat families. This guide will help you navigate family health insurance for expats in Germany and choose the best insurance plans for your family’s unique needs, including health, dental, liability and more.

Choosing the Right family health insurance for Expats in germany 

Health insurance is a legal requirement for all residents in Germany, including expats. Whether you choose public or private health insurance, ensuring your entire family is covered is essential. Children and dependents can usually be included in your plan, depending on your insurance provider.

When deciding between public and private insurance, consider factors such as family size, healthcare needs and long-term plans. For most expat families, private insurance may be worth exploring if you desire more personalized services or if your family has specific medical needs that are better addressed with private providers. You can find further information about private health insurance plans on this link.

Expat family

Most Common insurance plans for families

There are several options available when it comes to family health insurance for expats in Germany. Below are the most common plans to consider for your family’s health coverage:

Liability Insurance (Haftpflichtversicherung) 

Personal liability insurance is one of the most important policies expats should consider when living in Germany. It protects you and your family from the financial consequences of accidentally causing damage to others or their property, whether in everyday life or in legal situations. While not legally required, it is highly recommended and widely regarded as essential by Germans.

Household Contents Insurance (Hausratversicherung) 

Household contents insurance protects your personal belongings against risks such as theft, fire, water damage, and natural disasters. For expats, especially families who bring valuable possessions when relocating, this insurance offers a vital layer of protection for everything inside your home.

 
Family studying at home

Life Insurance for Families

Life insurance is an essential aspect of family health insurance for expats in Germany, providing financial security for your loved ones in the event of an unexpected death. For expats, life insurance can ensure that family members are financially protected, especially if you are the primary income earner.

There are two main types of life insurance in Germany: term life insurance and whole life insurance. Term life insurance (Risikolebensversicherung) provides coverage for a specific period, such as 10, 20, or 30 years, while whole life insurance (Kapitale Lebensversicherung) covers you for your entire life and also includes a savings component.

Education and Student Insurance for Children

 For expat families with school-age children, education and student insurance provide an additional layer of protection. These policies cover students during school activities and trips, ensuring that your child is protected both in and out of the classroom. Whether your children attend an international school or a local German school, student insurance can be an invaluable addition to your family’s insurance portfolio. 


Dental Insurance 

While basic dental care is included in most public health insurance plans in Germany, the coverage is often quite limited. Expats may find that certain treatments, like advanced dental procedures or orthodontics for children, are only partially covered or not included at all. This is why supplementary dental insurance becomes valuable for families.


Travel Insurance

 As an expat, traveling to visit family or explore nearby countries is often part of your lifestyle. However, unexpected events such as illness, injury, or travel disruptions can occur. For expat families who frequently travel abroad, having travel insurance is essential. This type of insurance provides coverage for medical emergencies, trip cancellations, lost luggage, and more, ensuring that your family is protected no matter where you go, complementing family health insurance for expats in Germany. Additionally, expats also use travel insurance to cover trips back to their home country or for vacations abroad.


Disability Insurance (Berufsunfähigkeitsversicherung)

Disability insurance, or Berufsunfähigkeitsversicherung, is designed to protect your income if you become unable to work due to an accident or illness. For expats, this insurance is particularly important, as it ensures that your family’s financial stability is not jeopardized in the event of an unexpected disability.

Supplementary Insurance for Families 

Opting for the best family health insurance for expats in Germany often involves adding supplementary policies that provide additional benefits. While public health insurance in Germany offers comprehensive coverage, many expats choose to enhance their protection with supplementary insurance.

Supplementary policies can provide additional benefits that are not included in standard public or private insurance plans, such as better dental care, alternative medicine or more coverage for vision and hearing treatments. If you are enrolled in public health insurance, you may find that certain treatments or services, like dental treatments, private hospital rooms or alternative therapies, are not covered. Supplementary insurance allows you to add these benefits to your existing health plan, ensuring you and your family have access to the best possible care. Private insurance holders can also benefit from supplementary plans by increasing their coverage in specific areas.

Family health insurance for expats in Germany

How to Choose the Best Insurance Plan for Your Family 

Choosing the best family health insurance for expats in Germany requires careful consideration of several factors. The right plan will depend on your family’s size, health needs, budget and how long you plan to stay in Germany. It’s important to balance cost with coverage to ensure that your family is well-protected without overpaying for unnecessary services.

Factors to Consider When Choosing a Plan

First, assess your family’s healthcare needs. Do you have young children who need frequent medical checkups? Are you planning to have another child while living in Germany? Answering these questions can help determine whether public or private health insurance is better suited to your situation.

Next, consider your family’s financial situation. Public health insurance is income-based, making it a more affordable option for families with lower incomes. Private insurance may offer more flexibility and coverage options, but the costs can be significantly higher, especially if you have multiple family members to insure.

Consulting with Insurance Experts

For expat families who are unfamiliar with the German insurance system, consulting with an insurance broker who specializes in family health insurance for expats in Germany can be extremely helpful. Brokers can offer personalized advice based on your family’s specific needs, helping you choose the most suitable insurance plan. Additionally, they can assist with the often complex process of switching between public and private insurance or adding supplementary coverage. You can arrange a free consultation with us now. 

Tailoring Your Insurance Package

 Ultimately, the best insurance package for your family will be one that meets your healthcare needs, fits within your budget, and offers peace of mind. Many expats find that a combination of public health insurance with supplementary coverage for dental and vision care provides the best balance of cost and protection. However, private insurance can also be a great option for those who need more personalized services or are looking for a wider range of coverage.

Avoid Common Pitfalls 

One of the most common mistakes people make is rushing into an insurance contract without fully understanding the terms, especially when it comes to family health insurance for expats in Germany. Insurance contracts in Germany can be complex and full of legal jargon, so it’s important to review the policy thoroughly or seek advice from an expert before signing. 

Keep Insurance Policies Organized

For expat families, it’s essential to keep all insurance documents organized and easily accessible. Whether it’s health, liability, or household contents insurance, having a system in place to store your contracts, contact information, and policy details can save you time and stress in the event of an emergency. Consider using a digital insurance manager or cloud storage to keep your documents safe and accessible anywhere.

Choosing the right insurance plans for your family as an expat in Germany is crucial for your financial security and peace of mind. When exploring family health insurance for expats in Germany, it’s essential to assess your family’s healthcare needs. From mandatory health insurance to optional but highly recommended plans like liability and household contents insurance, there are a wide variety of options available to suit every family’s needs.  If you need further assistance, feel free to reach out to us. We now have a live chat feature available on every page! If you have any questions, just click to start a conversation, and our team will be happy to assist you shortly!

What our clients say about our services

GOWRI S.
GOWRI S.
Proven Expert Review
I have had an incredible experience with Dabar Reimer. She is very well experienced and was able to provide solutions for multiple scenarios. I am very thank full to her and highly recommend having a discussion with Dabar before choosing your next insurance policy.
Grant F.
Grant F.
Proven Expert Review
They have been so patient and thorough with helping during every step. I couldn’t imagine doing this on my own!
Chew Teck S.
Chew Teck S.
Proven Expert Review
My agent, Anja Lampert is super friendly and helpful throughout the entire process. Excellent service provided.
Anonymously
Anonymously
Proven Expert Review
The support I have received from Dabar was outstanding. She was always available to answer all my questions, and helped me out through the whole process. Thank you so much!
Nikos
Nikos
Proven Expert Review
I have appointed with Alex as the to-go person for all matters. Honestly he is providing the best service someone can get in Germany, solving problems literally in minutes! Highly recommend MW Expat Solution!
Anonymously
Anonymously
Proven Expert Review
It was a brilliant experience with MW expat. Right from filling up my details online, receiving a prompt call to book an appointment for detailed discussions of my needs to finally having a zoom call to talk to an advisor face to face was quick efficient, and re-assuring. I had the privilege to talk to Adriana Gonzalez, who was nothing short of brilliant. She was extremely composed, utterly professional, and very helpful.
Get a free Quote

Secure your future abroad with tailored insurance & pension plans

Get expert advice on the best solutions for expats – personalized to fit your unique needs. Start planning today!

How to Save on Insurance Costs in Germany

Posted on by Clara

Table of Contents

While we know that insurance is essential for protecting your health, assets and liability, the costs can quickly add up. Fortunately, there are several strategies you can use to save on your insurance without compromising coverage. In this article, we will walk you through how to save on insurance costs in Germany, ensuring that you get the best value for your money.

1. Understanding the German Insurance Landscape

Before talking about how to save on insurance costs, it’s crucial to understand the types of insurance commonly required or recommended in Germany. These include:

Understanding these categories helps you identify which insurances are necessary for your situation and which you might avoid or minimize. For example, if you’re an expat who’s going to be in Germany for only six months, you might want to avoid long-term insurance policies like private health insurance or home insurance with lengthy contracts, opting instead for short-term or travel insurance plans that cover your immediate needs without locking you into extended commitments.

Someone working with a computer
Woman working from home

2. Assess Your Insurance Needs

The first step in saving on insurance is assessing your actual needs. Over-insurance can lead to unnecessary expenses, while under-insurance can leave you vulnerable. You should consider the following factors to stay informed about how to save on insurance costs:

  • Ensure you have the mandatory and required coverage, such as health and car insurance, but avoid over-insuring with additional riders or unnecessary coverage levels.
  • Decide which optional policies are essential based on your lifestyle. For instance, if you rent, renter’s insurance might be more relevant than home insurance.
  • Your age, health, family status, and occupation should guide your insurance choices. A young, single professional might not need the same coverage as a family with children.

3. how to save on insurance costs: 8 tips

We know that cutting down on your insurance expenses can be hard, which is why we’ve compiled some valuable tips to illustrate how to save on insurance costs without sacrificing coverage. 

Consider Bundling Policies

Bundling multiple insurance policies with a single provider can lead to significant discounts and reduce your insurance costs:

  • Multi-policy discount. Many insurers offer discounts if you combine health, car and home insurance under one provider.
  • Ease of management. Bundling policies can also make managing your insurance more straightforward, with one point of contact and potentially lower administrative fees.

Increase Your Deductibles

Learning how to save on insurance costs involves understanding various strategies that can help you reduce your premiums while maintaining essential coverage. One of the key points you should know is that a higher deductible can lower your monthly premiums. This approach works well if you’re generally healthy or don’t anticipate frequent claims. Here’s what to consider:

  • Risk assessment: Evaluate the likelihood of needing to file a claim. If you rarely use your insurance, opting for a higher deductible can save you money.
  • Potential savings: For example, raising your car insurance deductible from €150 to €500 could significantly reduce your premium.
  • Emergency fund: Ensure you have an emergency fund to cover the deductible if needed.

Use Pay-Per-Mile Insurance

If you don’t drive often, consider switching to a pay-per-mile insurance plan. This type of insurance can be significantly cheaper than traditional policies for low-mileage drivers.

Pay-per-mile plans charge a base rate plus a small fee for each mile driven, making it ideal for those who drive occasionally. Mileage is tracked via a device installed in your car, ensuring accurate billing. If you drive less than 10,000 kilometers a year, this option can save you hundreds of euros annually. You can learn more about how pay-per-mile insurance works and find strategies on how to save on insurance costs in this article.

Shaking hands to sign a car insurance
Home camera

Install Safety Features

Adding safety features to your home or car can reduce your insurance premiums. Installing smoke detectors, burglar alarms or security cameras can lead to lower premiums as they reduce the risk of fire, theft or damage.

As for car insurance, anti-theft devices, dash cams or advanced driver-assistance systems (ADAS) can make your car safer, resulting in discounts.

Make sure to inform your insurer and provide proof of these installations to qualify for the discount.

Consider Family Insurance

If you are married and have children, check if they can be added to your health insurance as family members. Family insurance can be more affordable than individual plans.

Maintain a Good Credit Score

Your credit score can influence your insurance rates in Germany. Insurers often use credit information to assess risk, so maintaining a good score is crucial:

  • Impact on premiums: A higher credit score generally leads to lower premiums, as you’re considered a lower-risk customer.
  • Improving your score: Pay bills on time, reduce outstanding debt and check your credit report regularly for errors.
  • Monitor regularly: Use services like Schufa to monitor your credit score and ensure it remains in good standing. 
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Review and Adjust Your Coverage Regularly

Insurance needs change over time, so it’s essential to review your policies at least once a year to stay informed about how to save on insurance costs. Major life events like marriage, the birth of a child or buying a home should prompt a review of your insurance coverage. Keep an eye out for cost adjustments and ensure that you’re not paying for coverage you no longer need or that has become outdated.

Avoid Unnecessary Add-Ons

Insurance policies often come with optional add-ons that might not be necessary for everyone. Assess whether these add-ons provide value based on your personal situation. If not, consider dropping them to reduce your premium. Common extras include roadside assistance, rental car coverage or extended warranties.

Customize your insurance to include only the coverage you need, eliminating unnecessary expenses.

As demonstrated in this article, learning how to save on insurance costs in Germany doesn’t have to be complicated. By assessing your needs and regularly reviewing and adjusting your coverage, you will ensure that you’re always getting the best value for your money. 

Remember, the key to long-term savings is staying informed and proactive about your insurance policies. In the end, mastering how to save on insurance costs means making informed decisions that balance affordability with adequate coverage. If you want personalized advice or need further information, don’t hesitate to reach out to us. We now have a live chat feature available on every page! If you have any questions, just click to start a conversation, and our team will be happy to assist you shortly.

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German Healthcare Terms Expats Should Know

Posted on by ChristinaJH

For expats residing in Germany, it is helpful to learn some of the key German healthcare terms so that you are able to make informed decisions regarding your health and wellbeing both during and after you move.

Moving to a foreign country can be daunting, especially when you don’t know much about the new land’s laws and regulations. On top of that, if you are not well-versed with the language of your new country of residence, you are bound to feel confused and most likely overwhelmed.

Keeping that in mind, we decided to share everything about the German healthcare system for expats living in Germany. Germany has one of the oldest healthcare systems in Europe, dating back to the 1880s, and is now ranked among the best in the entire European region. Anyone living in the country can access the medical facilities offered by the state through health insurance Germany. 

Sponsored by state-funded programs, healthcare in Germany is accessible to all. But that’s not all; people can (and do) acquire some of the best private health insurance policies in the country to bear expenses not covered by the statutory funds, such as advanced dental procedures. 

German Healthcare Terms Expats Should Know

Here are some German healthcare and related terms you should know as an expat:

  • Arzt (doctor) 
  • Hausarzt (GP, primary care doctor, family doctor)
  • Überweisung (referral from your GP to a specialist)
  • Rezept (prescription)
  • Krankschreibung or Attest (sick note)
  • Zahnarzt (dentist) 
  • Krankenhaus (hospital)
  • Patient (patient)
  • krank (sick)
  • Medizin or Medikament (medicine)
  • Öffentliches Krankenhaus (public hospital)
  • Frei gemeinnütziges Krankenhaus (non-profit hospital)
  • Privatkrankenhaus (private hospital)
  • Apotheke (pharmacy)
  • Heilpraktiker (alternate practitioner/naturopath)
  • Notaufnahme (emergency room)
  • Rettungswagen (fire brigade ambulance service)
  • Krankenwagen (ambulance)
  • Impfung (vaccine)
  • Krankenkasse (health insurance provider)
  • Krankenversichertenkarte (health insurance card)
  • Sozialversicherungsnummer (social security number)
  • Gesetzliche Krankenversicherung (statutory health insurance/public health insurance)
  • Private Krankenversicherung or PKV (private health insurance)

Now that you know about the common German healthcare terms, let’s understand German healthcare.

Understanding Health Insurance in Germany

While the statutory programs take care of all medical health expenses residents incur the country, they need to pay some premium for that. 

The GKV program is managed by 110 Krankenkassen (non-profit organizations that overlook GKV). Once registered with GKV, a person has to pay a premium at the rate of 14.6% of the annual gross salary (7.3% paid by the employee, the other 7.3% taken care of by the employer). All Krankenkassens must charge the same percentage of a beneficiary’s gross yearly salary. If you are asked for more, know that something is not right. 

The amount an employee has to pay for the GKV scheme cannot exceed 4350 euros a month, which is shared equally by the employee and employer. 

Once you have registered with a particular Krankenkassen, you must stay with it for at least 18 months. After the 18 months have passed, only then can you go to a different organization. 

GKV Coverage

As mentioned earlier, GKV or Gesetzliche Krankenversicherung is a federal scheme to facilitate people residing in Germany in getting access to public health. This means, if you want to get state-provided medical benefits, you must sign up with a Krankenkasse. That said, not all medical expenses are covered by said state healthcare program. 

You will receive free services from registered doctors, hospital care (both in- and out-patient) and basic dental treatment. For any advanced medical treatment, you may have to get private medical insurance or pay out of pocket. 

One other thing about getting registered with a Krankenkasse for GKV is that it will look after the expenses of all the non-working family members residing with you in Germany. You will not have to pay any added amount for getting the medical costs of your dependent kin covered by GKV, provided that they live with you. 

For availing the benefit of having your family’s medical expenses taken care of under GKV, you and they should share the same address that you have given to the Krankenkasse dealing your case. 

Getting German Health Insurance

Expats and permanent residents in Germany can take out public health insurance by following these steps. 

  • Registering at a nearby town hall
  • Once you are registered with the German authorities you will get a social security number, aka Sozialversicherungsnummer as called in the German language. 
  • Next you will begin paying the standard premium and have access to all public medical care amenities. 
  • You should then sign up with a local insurance fund that will provide you with a card. You will have to carry it with you to every doctor’s appointment or visit to the hospital. 

Since public health doesn’t cover all medical expenses, such as cosmetic treatments, some people choose to get private insurance. But not everyone can take it out. There are a bunch of terms and conditions that must be fulfilled if a person wishes to have private medical coverage. 

Choosing Between Private and Public Medical Insurance In Germany

By law, every person residing in Germany needs to take out private or public medical insurance. But which option of the two you pick will depend on your job status and earning. 

Statutory Healthcare in Germany is classified as compulsory (pflichtversichert) health insurance, voluntary (freiwillig versichert) health insurance and getting insured under a family plan. This classification only applies to the public scheme. As the name gives away, the former category is for people who must sign up for public health insurance or GKV while the latter is for those who are free to choose their insurance plan (between private and public). 

Who Has To Apply For Compulsory Insurance?

Compulsory public health insurance is for employees who earn less 64.350 euros per year. If your annual salary doesn’t add up to 64.350 euros or more, you are bound by law to take out a public health fund. 

Who Can Get Voluntary Insurance

Everyone who doesn’t qualify for compulsory insurance automatically becomes eligible for voluntary insurance. Still, here is a quick rundown of people who meet the criterion for freiwillig versichert. 

  • People earning more than 64.350 euros a year
  • Self-employed people or freelancers
  • Students 
  • Stay-at-home family members, primarily spouses. 

What Does Private Insurance Cover

Like in pretty much all other countries, private healthcare insurance covers a larger array of medical expenses, depending on the policy you take out. 

Beneficiaries can get a mix and match of benefits from private insurance based on their needs as you can get coverage for anything and everything. 

Some people like to have a better dental coverage program while others might go for having private rooms or even both. One of the most appealing aspects of private medical insurance is that you can get appointments with specialists much faster than if you are under public health coverage. 

In the public scheme, or GKV, patients will have a general physician or primary care doctor (Hausarzt) assigned to them, which they can choose themselves. This doctor will examine patients and refer them to specialists if need be. 

But since specialists typically have appointments lined up for months in advance, people with public health insurance have to wait for their turn, which can take a while.  

Hospital and Other Medical Services in Germany

If you are registered under GKV, you can access all public healthcare facilities as a German citizen. 

Whether you have public medical insurance or took out private insurance, you should have some basic idea about the hospitals and medical facilities in Germany. To educate you on the topic, here is a quick overview of healthcare organizations in the country.

There are three types of hospitals (Krankenhäuser) in Germany

  • Public, owned and managed by government authorities
  • Non-profit, owned and managed by charitable organizations or churches
  • Private, owned and run by a private association. 

Mother Care and Pregnancy Care Services

Since going through pregnancy and subsequent childbirth is arguably the most common medical need, knowing about the services available for it is important. 

All pregnancy related issues are covered by public health insurance, including sexual, fertility and urological matters. On the contrary, in the case of private insurance, some pregnancy-related expenses may not be covered, depending on the program you choose. So, be sure to go through all your options and pick the best program for yourself. 

Contraceptive items, such as birth control pills, and IUDs must be prescribed by a gynaecologist while emergency contraceptives can be bought over the counter. 

Ending Note

The German healthcare system is among the most advanced in the world. If you want to have access to it, be sure to sign up for medical insurance, private or public, as early as possible. And if you are an expat living here, look up expat health insurance Germany to not miss out on any healthcare amenities and services. 

Public or Private Health Insurance in Germany: Which Is Better for Expats and Why?

Posted on by MW Expat

As an expat in Germany, getting health insurance is a crucial part of securing the best healthcare for yourself. Not only is it a requirement, but opting for public or private health insurance can make all the difference.

Expats are eligible for State healthcare, but it’s not as comprehensive as some private policies that can help you get various health-related treatments that are within your insurance policy.

Of course, there are additional costs to bear, but it could also help you save money in the long term. So, regarding expat health insurance in Germany, we’ll help you decide whether private service or public is a good option for you based on your needs. Here’s what you should know. 

Private vs Public Health Insurance?

Some people living in Germany do not have the choice of opting for the best private health insurance. So, if they earn less than €64,350 in a year, they cannot opt for private insurance. They will need to continue using public health insurance. This is applicable to both expats and locals. 

However, if you earn more than that figure annually, you can choose between the best private health insurance in Germany or public insurance. There are some reasons why you may want to opt for private insurance. Here’s what they are. We also mention one advantage that’s worth noting if you choose public insurance. 

Private Health Insurance Has More Coverage than Public Insurance

Public insurance covers only limited healthcare treatments. There’s also only basic coverage for dental work. On the other hand, private health insurance can offer a variety of additional forms of healthcare coverage based on your needs.

More coverage could increase the price of your policy, so you can choose coverage for only those treatments that you feel you will need at that moment or in the future. In any case, the coverage for the following is comprehensive with private health insurance as opposed to only basic coverage with public insurance. 

  • Treatment coverage 
  • Dental care
  • Medication 
  • Contacts and Glasses
  • Alternative Treatment 

Private Health Insurance Can Limit Waiting Times for Appointments with Specialists  

With public health insurance, people may have to wait for months until they can get an appointment with a specialist (if they want that to be covered). This is because there are long waiting lines, and you will have to wait on the list. However, private insurance can cut down on those waiting times by allowing only short notice periods. 

Private Health Insurance Allows You to Choose Your Private Specialists and Hospitals

You get to choose both the doctors and the hospitals with a private health insurance policy. With a public insurance policy, you will have to use whatever the state gives to you. 

Private Health Insurance Can Have Coverage Outside of Germany

If you’re an expat who travels a lot, you can certainly benefit from private health insurance. This is because public insurance is geographically limited to Germany and the EU only, while many private health insurance policies offer coverage in different parts of the world. Therefore, you will be protected even if you get sick and receive treatment from a country outside the EU. 

Public Insurance Does Not Have Upfront Costs

One important advantage that public insurance has over its private counterpart is there are no upfront costs of treatments that are covered. However, with a private insurance policy, you will need to pay the charges upfront and then have them reimbursed. That said, you will limit your treatment options and the healthcare facilities when you opt for public insurance. 

When to Choose Private or Public Health Insurance in Germany

Whether you choose private or public insurance will depend on what type of coverage you need for insurance. If you typically don’t have medical bills that are anything more than what’s included in basic coverage, you don’t have to opt for private service.

However, if you want extended dental coverage or coverage for treating chronic conditions, then private insurance is the way to go. 

Opting for private health insurance when public insurance doesn’t cover what you need can help you save a lot of money in the long term. Certain medical procedures can be expensive, and your insurance will ensure that you don’t go broke trying to stay healthy. 

It’s important to note that the coverage can vary from one private health insurance policy to another. So, be sure to review your policy carefully to ensure that it covers the specific treatments that you need. This way, you won’t have to pay for those treatments out of pocket, which, in some cases, can be fairly expensive. 

Last Few Words

The best private health insurance in Germany should be one in which you have all the coverage you need within and outside of Germany. Of course, it should also be affordable so that it makes it worth it.