Germany has an extensive social insurance system. It guarantees a basic protection for everyone in different cases. When you first start working in Germany, your employer will register you. The social insurance system includes the following protections:

As outlined, the public system guarantees a basic protection for everyone. In many cases there is no protection or not a sufficient one. For that reason it is recommended to complete your protection with private additions. This gets even more important the longer you stay in Germany.

Our Advice: Since every case is individual we recommend to pick a personal appointment

Which are the necessary private complements?

Since every person and every lifestyle is quite individual, it is always recommended to seek for advice. A good proceed is to analyze your life situation and to designate your priorities! Nevertheless one private complement, which nobody should waive for, is the personal liability insurance. If you briefly don't pay attention or suffer a mishap, this may cause significant financial problems or even bring you to the brink of financial ruin, if other people suffer bodily injuries or third-party property is damaged. Personal liability insurance covers justified claims for damages and defends you against those that are unjustified.

Our Advice: A quality criterion is a policy that includes the Loss of receivables cover:
If you suffer bodily injury or physical loss or damages caused by a third party and this
third party is unable to cover the loss or damage due to insolvency or a lack of insurance,
it will cover your claims.

Another useful complement is the home contents insurance. Over time most of the households gather a valuable property: clothing, furniture, electrical devices, jewelry and much more. Just imagine that all this property is completely destroyed by a fire – and that you´d have to buy each and everything again, at the original price. But even partial loss, for instance as a result of a burglary, would be a financial burden. In comparison to the insured value it is a small amount you have to pay for this protection. Considering the unpredictable risks this protection is highly recommended.

Our Advice: A quality criterion is the inclusion for the waiver of gross negligence assessment.
We´re not overthinking every situation twice and due to that some mistakes are clumsy.
For instance, if a candle, that is left unattended, causes a fire in an apartment.

More particularly as newbie in Germany some social conventions are unknown. Therefore protecting against legal consequences may be a good idea. Legal expense insurance bears the incurred costs for a lawyer and the court and enforces your claims. This product is set up by different modules. It´s your decision for which cases you want the legal expense protection. The most common modules are: private-, traffic-, and job-claims.

Our Advice: A quality criterion is the offer for an initial consultation free of charge.
Many legal uncertainties can be clarified quite fast, but the advisory of a lawyer
quickly becomes expensive. With this feature the Legal Expense insurance will become
even more valuable.

Since there are further more protections, that could be described, it would be a good recommendation to get some professional advisory. A first insight in your individual preferences can go very fast.

Our Advice: That´s why we consider a 20 minute phone interview to offer you
an individualized priority list!

What about Employee benefits?

Complementary to private protection you can also gain some employee benefits. It´s common to get a plus to your salary as capital forming payment and lots of employees make use of their right for deferred compensation. This can be some useful complements to your public pension plan. Due to every company having a different regulation every case is quite individual and there does indeed exist an extensive rage of what a company in Germany offers to their employees.