Secure home loan?

Especially since stocks/ETFs can be liquidated just as quickly. I wouldn’t leave more than 10k idling in a daily allowance.

I agree with the ETF plan, but why should one put so much money into a daily allowance account, where it is currently only eaten up by inflation?

The amount I suggested should be somewhere between 20 and 40k. That’s not much when you need a new car. Considering that you would probably feed the savings plan for 20 years, this amount should relativize itself. Everyone can handle it as they want, but I wouldn’t want to fall back on the savings plan if something unforeseen happens.

Actually, it's just about securing the risk. I just thought that by now there might be an alternative that builds up assets (even if only a small amount) so that the paid-in contributions are not completely lost later, unlike with a pure risk life insurance.

No, there is no such thing. A risk life insurance (RLV) with "contribution refund" is internally split into two contribution parts: the risk protection (which is always included, even in the one without contribution refund, it simply cannot be otherwise!) and a savings portion to return, after x years, the summed contributions—which are anyway devalued by inflation—back in a devalued manner. But only mathematically, not in terms of purchasing power!

An RLV with "contribution refund" is therefore nothing other than a "classic" life insurance where the guaranteed payout amount upon survival represents the sum of all contributions paid in up to that point. A gimmick!

On top of that, most life insurances are canceled before the end because the monthly contribution is needed for other things, such as building a house, reduced income, divorce, etc. But this can only be done in full, so the risk protection also lapses. Whether one then receives it after a few years post-contract in that form or at all is often questionable... therefore, risk and savings should definitely be separated—that applies just as much to disability insurance as to life insurance.

The amount I suggested should be somewhere between 20 and 40 k. That's not much if you need a new car sometime. Considering that you probably feed the savings plan for about 20 years, this amount should relativize. Everyone can do as they like, but I wouldn't want to rely on the savings plan if something unforeseen happens.

For that, you’re throwing away a four-figure return. I would then liquidate stocks or borrow against the portfolio.

For that, you're throwing away a four-figure return. I would then liquidate stocks or use the portfolio as collateral.

Yes. It's just a four-figure return VS a four-figure risk. I'd rather be on the safe side.

Risk life insurance over 150k. Doesn't cost anything ... about €150 per person per year with good companies