A direct insurance is a life insurance, which the employer locked on the life of an employee with a domestic or foreign insurance company. The employee or its survivors is beneficiary.

To the direct insurance belong also accident additional insurances and inability to work additional insurances, which are locked in connection with life insurances, as well as inability to work insurance and accident insurances with requirement of the employee on premium restitution.

The contributions of the employer to a direct insurance belong to wage-fiscal wages of the employee, if (employers) in relation to the insurance company it explained that from the insurance of the employees or its survivors should be beneficiary.

The employer can compute the wage tax for contributions to a direct insurance with a Pauschsteuersatz of 20%, if the contributions are made due to a supplying promise, which was given before 1 January 2005. In addition the social insurance contributions are void to end of 2008, if the direct insurance from a special payment (e.g. vacation/Christmas benefit) is paid. Such a wage tax composition is permissible however only in the first service relationship. Overall to be taxed direct insurance premiums up to 1.752 euro, with group contracts up to 2.148 euro know annually for each employees. The later pension payments are to be paid duty at the employee than an other income with the yield portion.

By the age income law are now contributions of the employer (in addition also contributions from a payment transformation of the employee belong) from the first service relationship for a direct insurance for the setting up a principal company pension scheme taxfree, if a disbursement of the assured age, disablement or survivor supply in form of a pension or a disbursement plan is intended and so far the contributions do not exceed 4% of the contribution assessment limit in the old age pension insurance of the workers and employee (west) in the calendar year. The maximum amount increases by 1.800 euro, if the contributions are made due to a supplying promise, which was given after 31 December 2004. The later pension payments are to be paid duty in this case in full height as an other income.

If the insurance premiums are paid duty against it individually after tax card, a following capital disbursement is taxfree and possible pension payments are taxed likewise only with the yield portion.

In addition one can let normaltaxed contributions promote by the age precaution extra pay. The later pension payments are to be paid duty then in full height as an other income. If the contributions are overall taxed into the direct insurance with 20% or if they are taxfree posed, a age precaution extra pay is not possible any longer.

Characteristics

The employer is not obligated to lock a direct insurance for the employee. Larger companies offer this form to the age precaution usually, at smaller companies must the employee usually inquire. Larger enterprises often lock thereby with the insurance company a group insurance. This offers a higher achievement for the insurant.

Contrary to a "“normal"” life insurance one can quit a direct insurance not prematurely. If one changes the employer, then there are three possibilities:

• The new employer takes over the insurance contract.
• One continues to pay the premium privately"” "“.
• One places the insurance noncontributory.

The employer must make however a form of the company pension scheme accessible for the employee. Only which remains, for the employer openly.

Historical

In former times (1983) the Pauschsteuersatz amounted to 10%. It was raised by the legislator gradually on 20%.

see also

Direct insurance also an insurance is called, which one does not lock over a field service, but in the direct sale, e.g. over Internet.

see: Direct insurer, direct sale

Articles in category "Direct insurance"

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