Securing construction financing with RVL

  • Erstellt am 2021-12-02 23:52:49

Tom1978

2021-12-03 09:19:12
  • #1
Ok. I thought there was a combined term life insurance and you didn’t have to take out two separate insurances. Then I will take a look at it over the weekend :cool:
 

Oetti

2021-12-03 09:22:18
  • #2
We have taken out insurance with VKB and insured the following constellations: Death of my wife => Beneficiary: me My death => Beneficiary: my wife Death of both of us => Beneficiary: our daughter Health questions, as far as I remember, were harmless and rather superficial. They asked about BMI (or height and weight), whether we are smokers, pre-existing conditions, and which jobs we do. I am 80% severely disabled, and there was no problem with concluding the insurance.
 

halmi

2021-12-03 09:23:04
  • #3
It is also possible in a contract, we have done it this way with the Allianz.

If we both die, it goes to the children.
 

Chloe83

2021-12-03 21:55:23
  • #4

Topic questions. From an insurance sum of 500k, they do go into depth, and thoroughly so. Including blood test, HIV test, urine test, and an extremely detailed questionnaire!
My husband just had to go through that.
 

Hausenno

2021-12-03 22:25:53
  • #5
We concluded an RVL at the beginning of the year. Sum insured per contract is €500,000. There are also 2 contracts crosswise. This is important if you are not married; otherwise, taxes apply. However, we are married. We have a 30-year term and declining sum insured down to 0, are in our mid-30s without health restrictions, non-smokers, no extreme sports, and no overweight. We did not have a medical examination, only a questionnaire. We pay about €180 per contract per year. Until the end of the 50s, the premium rises to €280, then it decreases again. Our goal was to secure the house and avoid further stress with finding a new apartment in the event of a partner’s death. It is mainly meant to secure the mortgage. You also have to consider that as the main earner, you generally cannot work full-time anymore if you have children and the partner dies. If we both die, the children receive the sum insured from both contracts. For disability, we have our own insurance. Beware that with €500 insurance benefit in case of disability you won’t get far. In my opinion, the risk covered by an RLV is very clearly death. There is no room for interpretation and basically no hidden conditions possible like in other insurances.
 

Snowy36

2021-12-04 09:56:40
  • #6
We once concluded 245,000 for 162 euros per year and once 150,000 for 27 euros per month... the latter was a bit more expensive due to pre-existing conditions. Allianz and Delta direkt.

Why did you all take out such high insurance amounts?

Our plan was simply that the survivors would receive the share that the other person had on the loan and thus be able to keep the house.

With a 500,000 insurance sum, I would be financially better off than before in the event of a payout; achieving that was too expensive for me.
 

Similar topics
27.01.2014Mortgage protection via RLV?14
16.04.2016Build before or after 01.04.2016?85
20.08.2016Opinions on financing offers11
28.09.2016Question about early repayment and clause in the contract41
19.10.2018Job offer but temporary - what options are there for financing21
25.04.2019Which insurances are useful?25
05.06.2019Search for real estate loan advantages/disadvantages insurance vs bank22
19.08.2019Criteria health questions credit42
06.05.2020Financing offer HVB vs. Allianz18
16.04.2020Is the KfW loan still salvageable / changeable?10
26.11.2020Which insurances should be taken out for the construction period and where?11
20.01.2022KFW 270 for subsequent photovoltaic system17
11.07.2022House construction still realistic despite rising interest rates / construction costs?54
06.11.2023House found - financing possible?62
02.03.2024Building financing and KfW300 applied for shortly before stopping46

Oben