The new State-sponsored private pension with the changeover to the euro in 2002 after new pension products for the citizens of the State were introduced. In the same year came the Riester pension, which is particularly attractive for employees and couples with children. Only three years later, in 2005 the Rurup pension was introduced. This kind of private pension schemes was launched due to the funding opportunities especially for the self-employed and freelancers in the life. Many discussions and criticism followed after a long break. Germany’s citizens are getting poorer and have fewer opportunities to protect themselves for the future. A solution had to be found. On the individual 2013 was the care-Bahr is introduced.
But what is the care-Bahr, who is he and what he brings to me? What is the care-Bahr and what brings he me? The care-Bahr is the new form of Government-sponsored private long-term care insurance, which was named after the Federal Health Minister Daniel Bahr. The care-Bahr as improving safeguarding in case of maintenance. The Long-term care insurance takes over only part of the costs which a care to come. Even care level 3 supports a patient with only around 1550 euros a month. A home costs alone but between 3000-5000 Euro per month.
A deductible by a supplementary insurance may be worth so to increase the long-term care insurance. For whom is the care-Bahr? The competition on the insurance market is currently very low. So far, only six insurance providers have brought the care-Bahr on the market. The care-Bahr is a very cheap form of increase in long-term care insurance and especially attractive for young people, since they are courted with low rates. Thus, you get insurance for 180 euro a year, say 15 euros a month. The provider are subject to the obligation to take on each applicant. This health status, pre-existing conditions and maintenance risk are ignored. A variant is the care-Bahr? Since each insurer is subject to the obligation, that is, has the obligation to each applicant assure, be able to stay the tariffs in the future not as stable. This will entail, that many people are looking for a cheaper non-funded version. A private care insurance can offer a better value for money for those. You decide for which private retirement (pension products) is any. Depending on his personal expectations, health image and financial capabilities a form of interest should be selected yet.