Pension & Retirement

Pension Insurance

Secure a stable pension

Find out how pension insurance can help you secure a stable source of income for your retirement.

A stable pension for your future: our insurance solutions

A stable pension is an important goal you want to achieve. Pension insurance gives you the opportunity to receive regular pension payments in retirement. You pay contributions into the pension insurance during your working life and in return receive a lifelong pension. This kind of insurance enables you to ensure your financial security in old age and maintain the standard of living you want.

Frequently asked questions: Pension Insurance

What is pension insurance?
Pension insurance is a form of retirement provision in which regular contributions are paid in order to receive a monthly pension in retirement. Pension insurance can be offered both by private insurance companies and by state pension insurance providers.
How does pension insurance work?
With pension insurance, the policyholder pays regular contributions. These contributions are accumulated and earn interest so that a lifelong pension can be paid out at retirement age. The amount of the pension depends on various factors, such as the amount of contributions paid, the term of the policy and the agreed form of pension.
Are there different types of pension insurance?
Yes, there are different types of pension insurance. These include private pension insurance, occupational pension schemes, statutory pension insurance and state-subsidised pension products such as the Riester pension or the basic pension (Basisrente). Each type of pension insurance has different features and advantages.
What risks are involved in pension insurance?
Pension insurance can involve various risks, such as longevity risk (the pension is not enough to last your entire lifetime), inflation risk (loss of purchasing power due to rising prices) and investment risks (e.g. losses in value when capital markets are weak). It is important to take these risks into account when choosing and planning pension insurance.
Schneider & Musil Insurance Brokers

Schneider & Musil Versicherungsmakler GbR
Blütenstr. 41, 90765 Fürth

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