Calculate the need
Compare desired net income, statutory pension and existing provision.
Retirement provision
Prepare today. Decide freely tomorrow.
Long-term provision needs a clear objective, transparent costs, suitable investment and enough flexibility for a long policy life.
Provision components
Align objective, term and investment.
Insurance solutions, funds, guarantees and flexible withdrawals serve different purposes and carry different costs.
Use time
A longer horizon can spread market fluctuations more effectively.
Choose suitable risk
Fund allocation, guarantees and risk class must fit personal risk capacity.
Understand total costs
Acquisition, administration, risk and fund charges affect the outcome.
Life changes
Premium holidays, reductions, top-ups and withdrawals should be clearly regulated.
Capital or pension
Plan tax, annuitisation, beneficiary and availability early.
Comparison
Net returns arise after costs and risk.
Target capital
Derive it from the desired supplementary pension and term.
Cost ratio
Do not look only at stated fund performance.
Risk profile
Fluctuations must be financially and emotionally sustainable.
Adjustment rights
Keep premiums, funds and benefit options adaptable.
Policy life
A retirement arrangement spans many life stages.
The greatest mistake is not always the investment choice; often it is the lack of ongoing adjustment.
Check target and contribution
Update income, inflation and the pension gap regularly.
Calculate consequences
Compare premium holidays, surrender and fund switches before acting.
Prepare in time
Clarify tax, annuitisation, capital needs and beneficiary before maturity.
Our role: We consider policy costs, flexibility and the consequences of early changes, not merely an illustrative projection.
Austrian Supreme Court decisions
View all decisionsTransparency of surrender values and long-term life-policy terms.
These summaries highlight typical disputes and do not replace review of the individual policy.
Surrender values must be transparent
A mere reference to a tariff may be insufficient to explain surrender values. Costs, long-term effects and early termination must be understandable.
Official RIS decision →Unit-linked life insurance and policy terms
The Court reviewed terms of a unit-linked life policy. Costs, investment risk, policy changes and surrender values are central to long-term provision.
Official RIS decision →When is a traditional life policy due?
The obligation to pay is linked to the agreed event, such as maturity or death. Policy type, beneficiary rights and due date must be considered separately.
Official RIS decision →Frequently asked questions
All questionsKey retirement-provision questions.
How is the pension gap calculated?
Desired retirement income minus expected statutory and occupational benefits gives the monthly additional need.
Are guarantees always better?
Guarantees reduce risk but may limit return opportunities and flexibility. The personal objective is decisive.
What happens during a premium holiday?
Some costs may continue, the target value falls and additional benefits may change.
Why are surrender values important?
They show the consequences of early termination and how costs operate over time.
Personal advice
Create understandable and sustainable retirement provision.
We compare costs, terms, investment and flexibility based on the actual retirement objective.
Herbert Helm MBA
Insurance broker · adviser in insurance matters · licensed financial adviser
+43 7474 23456
helm@sichermithelm.at
Insurance broker · adviser in insurance matters · licensed financial adviser
+43 7474 23456
helm@sichermithelm.at