Travel, pay off debts or renovate property: when life insurance expires, many are faced with the question of what to do with the amount paid out. An overview of the most sensible options and what you should consider with them.
from
Anne-Christin Gröger
Buy a motorhome and tour Germany in compliance with the pandemic, finally renovate the old bathroom or put something aside for the education of the grandchildren – insured persons have many options when their long-term life insurance expires. Suddenly there is a whole chunk of money in the house, so you need to think carefully about what to do with it. It’s actually about a lot of money: Last year, German life insurers paid out 82.1 billion euros to their customers. They are now faced with the difficult question: where to put it?