When I think of the increasing rates of cancer and burnout, this affects not only the physically working population but also mentally active employees.
In these cases, a reduced earning capacity pension is likely to be quite lengthy.
In contrast, the disability insurance (BU) is much more likely to be obligated to pay, especially if assignment to another profession is excluded.
Private disability insurance is not offset against the reduced earning capacity pension.
Source Rentenbescheid24
I did not write that either. It’s quite the opposite. In the event of a claim,
the statutory disability insurance must pay first and
then the private disability insurance. And since you cannot be better off with the benefits of both insurances than you were previously with your net income (prohibition of overinsurance), it may be that the private disability insurance does not pay the fully insured benefit.
Of course, there are cases in which the statutory disability insurance does not have to pay. For example, in my case, it only has to pay in the event of total disability, not partial disability. The private disability insurance already has to pay in case of partial disability, for example, if I can only work 3 hours a day in my profession instead of normally 8 hours/day.
And I am quite clear about what an abstract reference is.
Here is a small excerpt from the Frauenfinanzdienst brochure "Disability Insurance: flexible, affordable, reliable":
"4. Observe the prohibition of overinsurance: Since private disability insurance is a sum insurance (just like daily sickness allowance), the coverage must not exceed the sum of earnings. There is a prohibition of overinsurance. Financial appropriateness is checked already at the time of application. If someone insures themselves too highly out of ignorance or calculation, only the permitted or contractually agreed maximum is paid in the event of a claim. Excess contributions paid are not refunded, except in the case of automatic increase (dynamics). Most disability insurers accept a maximum pension of two-thirds up to 80% of net income or profit (average of the last three years). Some providers insure more (up to 100%) or less (2/3 of net) or scale the limits according to income.
If there are already other entitlements from occupational or reduced earning capacity pensions or from pension schemes, these – often with different quotas – are offset. If income decreases later, the entitlement to the pension reasonably insured at the time of application remains. There are special rules for start-ups, as well as for pupils and students, trainees, and beginners.”
