entrepreneur need good insurance. But what kind of insurance do you really need?

The right insurance for starting a business: 9 tips for perfect protection

Why the right coverage is important

As unemployment rises, so do the numbers of start-ups in Germany. That is the result of the current start-up report of the German Chamber of Commerce and Industry (DIHK).

In order for the path to self-employment to work out, founders should be well informed and better protected twice. But: which insurance are necessary and which can be dispensed with if every cent is needed to build up the business?

1. Health and long-term care insurance

The self-employed must and have health insurance Choice: Those who were previously in the statutory health and long-term care insurance can stay there. He pays 14,3 (without entitlement to sick pay) or 14,9 (including sick pay from the 4th week of illness) percent of his income. However, since the insurance companies initially assume that the self-employed earn more than 4050 euros a month, at least 579,15 euros are currently payable monthly. Anyone who can prove that they earn less than 1890 or 1260 euros can reduce the contributions to 180,18 to 227,27 euros. Anyone who is self-employed on a part-time basis – this means that you are not allowed to work more than 18 hours a week – and who is raising children full-time or is undergoing an apprenticeship or apprenticeship Further Training makes, pays only 120,12 euros. In addition, there is the long-term care insurance with 1,95 percent of the relevant Income; Childless people pay a surcharge of 0,25 percent.

Whom that is too expensive or who was previously not in the legal Health insurance war can insure himself privately. If the compulsory insurance period in the statutory health insurance fund has not been over for more than six months, the cheaper basic tariff is an option. The contribution may then not exceed EUR 605,54 per month.

Employees who only work as self-employed workers are fine. As long as they do not earn more than in their main job, their income has no influence on the insurance contributions. Spouses and students up to 25 years can stay for free in family insurance if you earn less than 360 Euro per month.

2. pension Insurance

The state pension insurance is only for some founders mandatory: Self-employed in teaching, healing and nursing professions, craftsmen who require a license and entrepreneurs who earn more than five sixths of their income from just one customers receive, must pay 19,9 percent of their income into the statutory pension insurance. Exception: your profit is not more than 4800 euros per year or you employ employees who are subject to social security contributions.

Everyone else can take out insurance voluntarily and choose their contributions freely. In the first five years after founding, they can acquire the right to Riester funding through compulsory insurance. Private old-age provision is often more lucrative than state pension insurance, which promises more security, but yields only meager returns and usually costs high fees. Experts therefore recommend investing in Funds, preferably in fee-saving fund savings plans. However, this is not without risk. Which old-age provision is worthwhile for whom should be clarified in a personal consultation with one or preferably several independent insurance consultants.

Even in the event that one can no longer pursue his bread business, there are various insurance companies. An overview:

3. Disability insurance

It is considered to be one of the most sensible safeguards, because the state disability pension, which is due if a person subject to pension insurance is no longer able to work before retirement age, covers this Risks mostly hardly off.

The contribution amount varies greatly and depends on the Age of the insured person and the agreed benefits. The so-called abstract reference is critical to private disability insurance. If it is in the contract, check it Insurancewhether the entrepreneur could carry out a related activity despite being unable to work - regardless of whether there are any corresponding jobs at all.

4. Alternatives to occupational disability insurance

Often the insurances also exclude pre-existing illnesses from the insurance. Anyone who does not get a good job disability has other possibilities: Dread Disease Insurances against individual serious illnesses, a basic health insurance or a private disability insurance.

5. accident insurance

Unlike the occupational disability insurance, the private accident insurance pays only in accidents worldwide and mostly at low contributions. However, diseases that are statistically more common than accidents are not included in this insurance.

The trade association, in which the self-employed can also voluntarily insure themselves and with some, depending on Industry, even have to, but also pays for occupational diseases. Here it is important to check exactly which occupational diseases are covered in the cooperative's catalogue.

6. unemployment insurance

The self-employed can voluntarily insure themselves relatively cheaply against unemployment. You pay a fixed monthly fee of 17,64 Euro (West) or 14,95 Euro (East).

This voluntary unemployment insurance is for many small business owners useful. Unfortunately, only those who were also in the state unemployment insurance before founding can complete one. Private unemployment insurance, on the other hand, is usually not worthwhile.

7. Liability insurance

Business liability insurance covers damage that happens to others in the course of business operations - for example, if someone is injured in your own office. For real financial losses, for example if the work is not finished on time and the Customer has financial losses, there is pecuniary damage liability insurance.

In addition to property damage and personal injury due to faulty products, product liability also covers property damage. For certain professions, for example lawyers or asset advisors, a professional obligation is even compulsory. In some cases, professional and private liability insurance can be combined favorably.

8. Legal expenses insurance

Legal protection insurance usually does not accept any claims for damages or preventative legal advice.

In most cases, expensive and not always necessary services have to be paid for. A cheap one Alternatives for self-employed may be legal advice and protection through a professional association.

9. Business insurance

Operating costs, business interruption or claims default insurance are worthwhile only for larger companies. It can be sensible to secure company assets.

Expensive special insurances, such as glass breakage, storm or fire, do not usually pay off. Rather, one should conclude a comprehensive insurance of the most probable risks.

Advice and help in choosing the right insurance

The books on the subject (advertising)

Tip: You can also use this text as a PDF or an eCourse on the subject download. You can also find it in the shop exciting inspiration to experience your success, plus offers & news in Newsletter ! (Advertising)

Choosing the right private insurance is complicated. Therefore, it makes sense to seek independent advice. Be careful with free ones Online- Compare or seek advice from a broker:

Often, the amount of commissions in the recommendations play an essential role. Better are independent, neutral insurance consultants. These may only call themselves if they have a corresponding court approval, which prohibits any mediation. An overview can be found at the Federal Association of Insurance Consultants. Unfortunately, the advice is also very expensive. An inexpensive alternative are therefore the fee-based tables of consumer advice centers or the tests of Stiftung Warentest.

Customer satisfaction

Who in advance about the satisfaction who wants to inform customers about their insurance should take a look at the complaint statistics of the Federal Financial Supervisory Authority (BaFin).

In case of a dispute with the insurance company, you can also contact an insurance ombudsman. His insurances are accepted by most insurers.


Top books on the subject

Discounts for your success (advertising)!

Read text as PDF

Acquire this text as a PDF (only for own use without passing it on according to Terms and conditions): Please send us one after purchase eMail with the desired title supportberufebilder.de, we will then send the PDF to you immediately. You can also purchase text series.

4,99Buy

Advice on success, goal achievement or marketing

You have Ask round to Career, Recruiting, personal development or increasing reach? Our AI consultant will help you for 5 euros a month – free for book buyers. We offer special ones for other topics IT services

5,00 / per month   Book

Book eCourse on Demand

Up to 30 lessons with 4 learning tasks each + final lesson as a PDF download. Please send us one after purchase eMail with the desired title supportberufebilder.de. Alternatively, we would be happy to put your course together for you or offer you a personal, regular one eMail-Course - all further information!

29,99Buy

Skate eBook as desired

If our store doesn't offer you your desired topic: We will be happy to put together a book according to your wishes and deliver it in a format of your choice. Please sign us after purchase supportberufebilder.de

79,99Buy