Introducing Feather life insurance!

Residents of Germany or German citizens living in the EU at the time of application (and not immediately planning to leave) are eligible for coverage. You must be between the ages of 18 & 65 and either employed or self employed to sign up.

No, because our plans go up to €600,000 in coverage, there is no legal requirement for a medical check-up. We will, however, ask you questions about your health.

– Anyone that is responsible not just for themselves, but responsible for others as well. This can be a partner, a child, a business partner, or anyone who is financially dependent on you.
– If you have a mortgage, it also makes sense to get a plan for the primary earner. If you both contribute equally to a mortgage, it makes sense to get life insurance for both people.
– If you run a business with someone, you should consider life insurance. Your business partner could be listed as a dependent.

– Our plans are all secured by large risk carriers, so if something does happen, you’re still covered. We are proud to say that we are a successful business that was founded in 2018 and growing quickly. Still, we understand your concern when it comes to something as important as life insurance.

If you have dependents or people who would need financial support in case you passed, it’s worth getting life insurance to protect them.

– Life insurance can range in cost depending on a few factors, but for your family, it’s worth the sense of security.
– For a young family, it would be much less expensive than if you’re older. Still, even in this situation, it’s unlikely that you’d need the same amount of coverage as the younger family as you have savings to fall back on.

We’ve created a simple guide to figuring out how much coverage you would need:

– In general, we recommend around €10k per child per year until they are 18 (or 23 if you want to finance their university).
– Additionally, if you have a mortgage, you should add the total cost of the mortgage to your coverage. As you pay off your mortgage, you can adjust your life insurance coverage.
– If your partner is reliant on you financially, then 3-5 years of expenses are recommended. This is about how long it would take them to become financially independent.
– If that’s too complicated, you can take 3-5x your gross yearly salary, which should be a good approximation.

Since you can choose how much coverage you get, it means you’ll already know how much the payout sum will be. Look at the question above if you’re having any problems deciding on how much coverage you should get.

We recommend getting the coverage until your mortgage is paid off or your youngest child has completed school or university — whichever comes later.

Yes. Adjusting your coverage sum up or down will depend on a few factors. For example, if your income increases at least 10% compared to the previous year, you can increase your coverage without a new risk assessment. You can also cancel the policy at any time with no additional fees.

The policy pays out when the insured person dies.

Log into your Feather account and hit “cancel” for your life insurance plan. Our motto is honest and simple, so we don’t hide the cancellation button.

Your life insurance policy (and coverage) will become active the first day of the month following your application date. For example, someone who applies (and purchases) coverage on 10.01.2023 will begin coverage 01.02.2023

The length of the waiting period is dependent on when the policy is purchased. Your life insurance policy will become active the first day of the month following the application date. You can read more about when a payout would not be issued.