Premium calculation · Life
Life insurance
The reference case costs from €255 to €280 depending on the company. From there, 5 tables with 19 bands in all raise or lower the price - the same steps at every company, a different height.
The reference case
Every factor below is 1.00 for this case. Its price is each company's base, plus the rates on the sums it declares.
- Age
- 38
- Sex
- Male
- Smoker
- No
- Term
- 20 years
- Sum assured (€)
- 150,000
- Insured
- Just me
The tiers
The price of the basic example by tier, base and percentages on the sums insured, at the company with the cheapest and the company with the dearest estimate.
| Plan | Cheapest | Dearest | Spread |
|---|---|---|---|
| Term lifePays on death, for as many years as you choose. · the reference tier | €255Ατλαντική Ένωση | €280Allianz Ευρωπαϊκή Πίστη | +10%10 companies |
| With disabilityPays on permanent disability as well. | €284Ατλαντική Ένωση | €314Allianz Ευρωπαϊκή Πίστη | +11%10 companies |
| With critical illnessPays on the diagnosis of a serious illness as well. | €332Ατλαντική Ένωση | €368Allianz Ευρωπαϊκή Πίστη | +11%10 companies |
The factors
The same bands at every insurer, different coefficients
Every figure is one table of the calculation. The two columns in each band are the cheapest and the dearest estimate for the basic example.
From × 0.54 to × 5.16 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Ατλαντική Ένωση | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| 18 – 29 | × 0.68 | × 0.54 |
| 30 – 39 | × 0.79 | × 0.70 |
| 40 – 44 | × 1.00 | × 1.00 |
| 45 – 49 | × 1.21 | × 1.30 |
| 50 – 54 | × 1.52 | × 1.76 |
| 55 – 59 | × 1.99 | × 2.44 |
| 60 – 64 | × 2.71 | × 3.48 |
| 65 and over | × 3.86 | × 5.16 |
From × 0.82 to × 1.00 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Ατλαντική Ένωση | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| male | × 1.00 | × 1.00 |
| female | × 0.88 | × 0.82 |
From × 1.00 to × 1.74 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Ατλαντική Ένωση | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| non-smoker | × 1.00 | × 1.00 |
| smoker | × 1.51 | × 1.74 |
From × 0.82 to × 1.12 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Ατλαντική Ένωση | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| 5 years | × 0.88 | × 0.82 |
| 10 years | × 0.93 | × 0.90 |
| 15 years | × 0.97 | × 0.96 |
| 20 years | × 1.00 | × 1.00 |
| 30 years and over | × 1.08 | × 1.12 |
From × 1.00 to × 1.60 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Ατλαντική Ένωση | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| one person | × 1.00 | × 1.00 |
| joint policy for a couple | × 1.41 | × 1.60 |
Rates on declared sums
Whatever is priced on a sum you declare, the value, the building, the capital, enters the price before the factors.
| Cover | In tiers | Cheapest | Dearest |
|---|---|---|---|
| Sum assured, 0.1% on €150,000on €150,000 | Pays on death, for as many years as you choose., Pays on permanent disability as well., Pays on the diagnosis of a serious illness as well. | 1.1‰€165 · Ατλαντική Ένωση | 1.18‰€177 · Allianz Ευρωπαϊκή Πίστη |
Extra covers
A flat price a year, unless the tier already includes it.
| Cover | Inside the tier | Cheapest | Dearest | Spread |
|---|---|---|---|---|
| Accidental deathDoubles the sum if death is by accident. Cheap, because it is rare. | Pays on the diagnosis of a serious illness as well. | €22Ατλαντική Ένωση | €25Allianz Ευρωπαϊκή Πίστη | +14%10 companies |
| Waiver of premiumIf you become disabled, the company pays the premiums and the policy continues. The cover that saves the policy itself at the worst moment. | Pays on permanent disability as well.Pays on the diagnosis of a serious illness as well. | €34Ατλαντική Ένωση | €39Allianz Ευρωπαϊκή Πίστη | +15%10 companies |
| Children's coverA small sum for each child, with no separate policy. | - | €18Ατλαντική Ένωση | €21Allianz Ευρωπαϊκή Πίστη | +17%10 companies |
| Hospital cashA daily sum for every day in hospital, whatever the health insurance pays. | - | €48Ατλαντική Ένωση | €55Allianz Ευρωπαϊκή Πίστη | +15%10 companies |
Minimum premium: from €36 to €41 depending on the company. No price falls below its own.