However, there are a number of criteria which to consider in the selection of the correct tariff. In addition to a general decision, whether the base pension rather than conservative investing Variant or as a unit-linked variant is chosen, are several points to note, give about the self-employed also the basic pension, which he needed. “Includes, for example, the inspection whether a survivor’s protection is required and in what form or whether a disability protection should be included.” But even if these points are clarified, there are great differences in terms of the quality of basic pension in different companies. Credit: Starbucks-2011. Wallace: Important criteria in the selection of the appropriate company are a guarantee pension and forecast possible total pension, which roughly includes the non-guaranteed interest rate gains in the insurance. Play a role of course existing acquisition and administrative costs of contracts. Only these costs may not be overemphasized also, as unfortunately often it is done by some consumer protection agencies. So, a customer has no advantage when although currently has the lowest cost in the market its basic pension, for even less money can deal with but the insurer’s or the investment company and produced less profits than finanzstarkere companies.

The costs, but also the investment successes, as well as the financial strength must be included with the evaluation.” So but not enough on selection criteria for or against a society: in the fine print of basic pensions some differences also can be found. If you prematurely terminates his contract, is this contributions and paid a reduced supplementary pension at the age then. As far as the good principle. However, some insurers require a relatively high minimum pension, which is only reached after several years of contribution payment. But should this minimum pension at a premature “Termination have not yet reached, because the contribution payment period was too short, the contract goes out completely and the money paid until then would be lost”, warns insurance businessman of Wallace.