Liability insurance / accident insurance

Description

In addition to health insurance coverage, which is mandatory to have in Germany, as international students are not permitted to enrol at German higher education institutions without it, it is also wise to take out a liability/accident insurance, so that you are protected against the risks of everyday life.

What is a liability insurance?

In Germany, there is a law which states that every person is liable for loss or damage he/she causes to others. The damaging party will be held liable with his/her salary, his/her savings or even with his/her possessions and property. The liability insurance will cover such damages, except insofar as a damage was caused intentionally.

What is an accident insurance?

'Most accidents occur at home' says a German proverb. This might be the fall from a ladder while you are trying to change a bulb, or it might also be a serious road accident when you are driving by car. The accident insurance provides insurance benefits to you in case of disability or even to your surviving dependants in case of death.

Please find more details on the two tariffs and insurance options in the table below:

Benefits

What is covered? *


	VELA Compact	VELA Comfort
Liability Insurance
Examination of the liability question
Security services with owed pensions
Costs of a legal dispute
Liability hazards of daily life	1 Mio €	2,5 Mio €
Damage to rented property	10,000.00 €	25,000.00 €
Deportation costs	1,000.00 €	5,000.00 €
Key loss	-	250.00 €


	VELA Compact	VELA Comfort
Accident insurance
For the disability case	20,000.00 €	40,000.00 €
Progression with more than 25 % disability	350 %	350 %
In case of death	10,000.00 €	20,000.00 €
Rescue costs	-	5,000.00 €
Cosmetic surgeries	-	5,000.00 €
Health impairment caused by an accident
Strains and torn ligament
Drowning or suffocating

* = Please click here to read in detail the Terms and Conditions of Insurance.

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Which restrictions of the insurance cover are to be considered in the liability insurance?

Insurance cover does not exist for e.g.^*:

Owners or operators of land and air vehicles and watercraft
Owners or keepers of animals
The exercise of a profession
The participation in horse and bicycle races, motor vehicle races, boxing and wrestling fights, martial arts of all kinds including preparation and training units for it.

* = The General Insurance Terms of the HanseMerkur Reiseversicherung AG, Hamburg are legally binding.

For the exact listing please throw a glance at the insurance terms and product and consumer information here.

Which restrictions of the insurance cover are to be considered in the accident insurance?

Insurance cover does not exist for e.g.^*:

Accidents caused by mental derangements or consciousness disorders also if based on drunkenness or drug consumption
Accidents which befall the insured person as he/she tries to intentionally carry out or implement a criminal offence
Accidents that befall the insured person while exercising his/her profession
Pathological disturbance caused by mental reactions irrespective of how they have been caused
Poisoning by taking in solid or liquid substances through the throat

* = The General Insurance Terms of the HanseMerkur Reiseversicherung AG, Hamburg are legally binding.

For the exact listing please throw a glance at the insurance terms and product and consumer information here.

Prices

What are the monthly premiums?


	VELA Compact	VELA Comfort
Adults
1st - 60th month	6.00 €	7.50 €

Children
1st - 60th month	6.00 €	7.50 €