Nachversicherung

Nachversicherung is a term that refers to the ability to remain insured after an insurance policy, such as life or pension insurance, has ended. For instance, if you do not renew your policy after a certain period, you may still have a right to benefits under Nachversicherung.

For residents in Germany or Austria, it is crucial to pay attention to deadlines for Nachversicherung, as it is often only possible within a specific timeframe after the policy ends. According to § 193 Abs. 5 VVG (Insurance Contract Act), insured individuals have the right to Nachversicherung in certain cases. Common mistakes include missing deadlines or not being aware that Nachversicherung is an option.

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