Life insurance

Product characteristics


The product characteristics describe the essential features of the insurance product. In the case of whole life insurances, the differentiation between constant and decreasing insurance sum is made.

Constant insurance sum
In the case of constant insurance sum, the insurance sum is fixed at a certain value at the beginning of insurance duration and is left unchanged during the whole insurance duration.

Decreasing insurance sum
In the case of decreasing insurance sum, the insurance sum is fixed at the beginning of the insurance duration but decreases annually by a fixed amount. If this product characteristic is selected the insurance sum drops the same amount per year with most risk-life insurances.

Tip: Consult the FAQ in order to find out which product characteristic is suitable for you at which point in time.