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If your insurance contract contains a wording such as "... if the insured person is unable, for health reasons, to perform his or her profession or any other activity that he or she may carry out on the basis of his / her education and experience and which corresponds to his current status" Fingers of it. It is a so-called abstract reference.
This means that you will not receive any money from the insurance company as long as you can continue to do such an activity, even if you could carry out the other work in theory, but in practice there is no need for your (health-restricted) And therefore you will not find a job.
A work that corresponds to the current situation can also mean that you earn 20 per cent less. Contrary to older contracts, most recent contracts do not include such references.
Dread disease insurance
If you opt for a non-occupational disability insurance because you feel the conditions are unfavorable or if the insurances have rejected your application, you do not have to waive private insurance coverage because there are still some alternatives: for example the Dread Disease insurance.
The term "dread disease" comes from the English word for "serious illness". The benefit from this insurance is usually a one-off amount. It is paid when one of the contractually defined illnesses occurs. Because even if there is no occupational disability, a serious illness often leads to a permanent restriction of personal performance.
Services and alternatives
What a dread disease insurance actually does depends on the tariff of each provider. Every society insures different diseases. In general, diseases such as cancer, heart attack, stroke - including bypass surgery - are included in the insurance cover. Basically, the more illnesses are included, the higher the insurance contribution. If one of these diseases then occurs, a previously agreed sum insured is due. As this is usually a one-time payment, a dread disease insurance can also be a useful addition to a disability or occupational disability pension.
In addition to Dread Disease insurance, there are other alternatives to occupational disability insurance: namely basic and disability insurance.
Basic ability insurance
The basic skills insurance provides a monthly pension in case of loss of certain skills. The contract lists all of the abilities that are insured - such as seeing, driving or gripping.
If the insured person is no longer able to carry out these activities as a result of illness, bodily injury or loss of power, the insurer shall do so. A prerequisite for this is a medical assessment which indicates that the person concerned has been or is not capable of performing at least one of the activities specified in the contract for at least twelve months.
The disability insurance serves as a hedge in the event that you are no longer able to exercise any activity regularly and permanently. In this way, she resembles the statutory pension scheme. Unlike in the case of occupational disability insurance, the profession pursued so far has no significance, nor is the income so far achieved.
A disability insurance is therefore also significantly cheaper than a disability insurance. The following also applies to disability insurance: It is offered as a self-employed insurance or as supplementary insurance in conjunction with a pension, endowment, life insurance or term life insurance.
What self-employed have to consider
In the case of the occupational disability test at the conclusion of an occupational disability insurance special provisions apply to self-employed with employees. For them, "work" is not just about the job they do themselves. It also checks whether you could delegate certain tasks after an illness or accident.
Such a reorganization of the business should be expected of a self-employed person under the following conditions: You must continue to have a meaningful workspace (not a casual job) that matches your knowledge, skills and workforce and your position as a farmer.
In addition, the reorganization must be spatially possible and not entail any substantial financial losses or investment. In the event of an emergency, however, you must prove that a reorganization is not possible (for example because of your health). The general economic risk is not taken into account.
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