What happens in the event of death?
When you fall away, you not only leave a void, but also a loss in income. Your parter will face both. Some of the impact of the loss can be influenced by you. Have you thought about how you will leave your partner in the event of death? Can they manage financially or will it be a challenge?
A drop in income may be partially compensated by an employer or the government. This is not the case for everyone. You can also choose to purchase term life insurance. Typically not too expensive, but very effective in letting worries for the future recede. Whether it is wise to do so depends on how your financial affairs are intertwined. We will be happy to calculate for you what is wise to do.
To make a good consideration and give you sound advice, we take into account:
- Your partner’s income
- The widow’s and orphan’s pension
- The ANW benefit (General Surviving Relatives Act).
- Released annuity capital, convertible into annuity payments
- A benefit under your term life insurance policy
