Benefit from the bonus programs of health insurance companies and stay healthy with regular check-ups.
When the practice fee disappeared again in 2012, it became obvious: the health insurance companies are swimming in money. As the contribution to be paid is based on the patient’s own gross income, it is not possible to determine the amount to be paid. But you don’t have to get sick first to benefit from the services of the health insurance companies. In this blog article we will show you which preventive medical checkups and bonus programs can be used.
Currently, 96% of the health budget is spent on treatments – that means that only 4% of the money is spent on preventive measures. Generally known are the preventive medical checkups in childhood. Anna’s parents also received the examination booklet after her birth, which currently contains nine appointments. As a teenager, Anna then went for her tenth early detection examination, the J1 for teenagers between 12 and 14 years of age.
With the coming of age came responsibilities that Anna had never dealt with before. She was already proud when she made it to the dentist once a year. Now, in her early 30s, she rarely went to the doctor, but over the years she has paid a tidy sum into the fund. The system is supported by the solidarity of all insured persons. Anna likes that. However, she is annoyed that in times of negative interest rates the insurers sometimes even make a mess of their cash reserves. Preventive medical checkups are one way of getting the most out of your health insurance membership.
What are the most important preventive examinations for adults?
In fact, only half of women over 20 go for regular cancer screening. Among eligible men aged 45 and over, only one in five and the general health check-up from the age of 35 is used by only 17 percent of all women and men. The checkup every two years offers the opportunity to detect diseases at an early stage, which can then be effectively treated. Although the additional services offered by the statutory health insurance companies differ, there are some examinations that are all offered equally.
Additional services offered by the statutory health insurance companies
Early detection of cancer:
- Genital examination (women over 20, annually)
- Breast cancer examination (women over 30, annually)
- Mammography screening (women from 50-70, every two years)
- Prostate examination & genital examination (men over 45, annually)
- Skin cancer screening (women & men over 35, every two years)
- Colon and rectal examination (women & men over 50, annually)
Health check-up (women & men over 35)
Preventive dental check-ups (women & men from 6, semi-annual)
- Regular vaccinations for infants, children and adolescents
- Refresher vaccinations such as diphtheria and tetanus
- Indication vaccinations such as flu vaccinations or travel vaccinations
Chalmydial screening (women up to 25, annually)
Bonus programs for pensioners, sports and social
With these preventive medical checkups, however, there is not only certainty free of charge. Those who take preventive action can also be financially rewarded by the health insurance companies. How this looks in detail is different for each health insurance company. Anna’s health insurance company offers to register either for a bonus booklet, the app or the online branch. There, she can enter analog or digital measures such as blood donation, check-up, skin screening or cancer prevention. Social commitment such as a first-aid course is also recognized. If Anna also links the health data on her smartphone or fitness watch to the health insurance app, she will receive 100 bonus points for each day she has taken 10,000 steps. From just 500 points, attractive premiums are available, which can amount to up to 200 GBP for some health insurance companies.
Those who prefer to reinvest the bonus in their own health can look forward to subsidies for fitness trackers, the assumption of starting and participation fees for sporting events or private supplementary insurance from some providers. Since Anna is expecting a child, she will use the points she has collected for a birth preparation course.
And even though Anna has hardly had to make use of medical services so far, she is a little annoyed that she is only now learning about some additional services. For example, health insurance companies are offering to have her teeth professionally cleaned once a year, either through the bonus or through co-payments. Treatments such as osteopathy and acupuncture are often covered up to half of the costs and subsidised preventive cures are also included in almost every offer.
The health courses would be particularly interesting for Anna. She finds out that courses that are recognised by health insurance companies and relate to exercise, stress management, nutrition or addiction prevention can be subsidised by up to 80% by health insurance companies. Thus, subsidies for the contribution to a sports club or fitness studio can also be expected. It’s good that Anna is already seeing what she can do differently. Because not only can she save from now on, but her child will also be considered through bonus programs and special offers for families.
When co-payments become excessive
The larger Anna’s family becomes, the more costs are likely to be incurred. This could be prescription fees for medication, personal contributions for physiotherapy, massages and orthopaedic insoles or co-payments for hospital stays. In order not to overburden the family budget, it is worth calculating your own limits. This limit determines how high co-payments may be per year. Anything that was paid above this limit can be reclaimed from the health insurance fund by presenting the receipts. Anna uses an online co-payment calculator and finds out that, as a married woman and with a family gross income of 40,000 GBP, she has to pay a maximum of 687.86 GBP in co-payments. When her son is born, the contribution drops to 535.56 GBP. Proper bookkeeping can therefore be worthwhile! However, the contribution limit is intended to relieve the burden on chronically ill people and/or welfare recipients in particular.
Of course, there are of course always measures that the statutory health insurance companies do not cover. A particularly explosive case in Anna’s circle of friends is the disease lipedema. Anna’s best friend suffers from the fat distribution disorder, which causes pain and cannot be cured. Unfortunately, those affected still have to pay for liposuction themselves. As the disease is progressive, Anna’s friend has now decided not to waste any more time. The Credit company installment loan, which can also be easily taken out online, supports her in this process quickly and easily.
The Credit company instalment credit
- Credit amount from 1,000 GBP to 75,000 GBP.
- Term 12 to 84 months
- Short term = higher rates
- High maturity = lower rates
Tip: If you apply for the loan together with a partner, the interest burden may decrease.
A used car is the cheap alternative to a new car. The market for used cars is huge and confusing. Bargain hunters usually find what they are looking for with private sellers. Dealers are more expensive, but offer more security when buying. Find out what you should definitely consider when buying a used car.
Make, year of construction and maximum mileage: Thorsten has concrete ideas about his “new” used car. Private seller or dealer? Thorsten is unsure who is the better choice. The offers from private sellers are usually cheaper. However, Thorsten is no car expert. What if the vehicle has defects? Who is liable for obvious and hidden defects in a private sale?
Buying a car from a private seller: Disclaimer & description of condition
- The seller does not have to point out all defects. This applies in particular to obvious defects such as scratches in the paint or minor dents.
- If the prospective buyer discovers a presumed defect during the test drive, the seller must inform him/her about it.
- In the case of a private car purchase contract, the seller must state in the description of condition whether the car has accidental damage or known defects. It should be stated which damages have been repaired or not repaired.
- The seller can exclude liability for any undetected defects.
- The seller can exclude liability for material defects in the purchase contract for defects unknown to him/her. It is subsequently difficult for the buyer to prove to the seller that he or she knew about the defect.
- However, a general exclusion of liability is excluded: According to the BGH, clauses in which the warranty is completely excluded are invalid. This is because a complete exclusion would also exclude liability for physical injury and damage to health, which would constitute an unreasonable disadvantage for the buyer.
- Excluded from all liability are basically defects resulting from age-appropriate wear and tear of parts of the vehicle.
There he is with the dealer but on the safe side, says Thorsten. After all, the commercial seller is legally liable for two years for material defects. For faults that existed before the sale. For used cars, this period can be contractually reduced to one year. In the first six months, the burden of proof lies with the seller: He must prove that the defect did not exist at the time of delivery. Commercial car dealers therefore check their cars very carefully before the sale.
Often a used car warranty is already included in the purchase price – or it is offered for an additional charge. In this case, the dealer must also repair any damage that occurs after the car is handed over. Sometimes the warranty also includes the replacement of wearing parts.
Thorsten does not want to take any risk and decides to buy from the dealer. Even if, according to ADAC, used cars from private individuals are about eight percent cheaper than those from the dealer.
How to find a cheap used car
Used cars can be found in regional newspapers or local advertising papers. Prospective buyers can get a good overview of what is on offer at car markets.
The largest selection at the best price can usually be found online. Used car portals such as mobile.de or Autoscout24 are not only marketplaces, but also offer information on vehicle valuation, the sales contract and lots of checklists. Meta search engines like Autouncle search the sites of the individual providers and summarize their offers. Autouncle also displays the prices of the vehicle in relation to comparable offers using a five-stage traffic light – from “expensive” to “super price”.
Both private providers and dealers are represented on all platforms.
When buying a used car, make sure you pay attention to the following
Thorsten visits a car dealer near his home, who primarily sells his favourite car brand. He plans a visit in daylight and accompanied by a car expert friend. He advises him not to be deceived by appearances. In advance, both have informed themselves about the known defects of the model. This is possible, for example, via the DEKRA Used Car Report.
Checklist used cars
- exterior bodywork: paint, colour differences, underbody protection, headlights, windscreen, tyre profiles
- Engine compartment: oil and cooling water loss, corrosion, abnormal engine noise
- Trunk: corrosion, moisture, spare wheel and jack
- Bodywork downstairs: corrosion, oil loss, exhaust, wheel suspension, brake system
- Bodywork inside: windscreen wiper, heater, blower, mirror adjustment, window lifter, seat adjustment, seat belt
Whoever buys privately and wants to be on the safe side, has a third party make a value appraisal or a condition report. This service is offered by independent appraisers, automobile clubs, authorised dealers and independent garages.
Optimum financing for used cars
The traders often advertise with low interest rates. But you should keep an eye on the total costs. The effective interest rate can be higher for an installment loan from a bank than for a dealer offer. However, the cost of the car plus the cost of the loan can be lower here.
Four financing options for a used car
- Leasing: Here you acquire a right of use for a certain period of time. The car remains in the possession of the dealer. The rates are usually higher than for comparable credit rates.
- The balloon loan is a mixture of leasing and instalment credit. Sometimes a down payment has to be made. The monthly installments are initially quite low, but in the end a high final payment (“balloon”) must be made.
- Three-way loan: A balloon loan with down payment. The higher the down payment and the final payment, the cheaper the credit costs – but also the higher the charge. The “three ways”:
- At the end of the term the undamaged car can be returned. The car can be taken over with payment of the final installment or the final payment is stalled in installments.
- Instalment credit: A car loan without final payment, such as offered by Credit company. Advantage: You can pay the seller in cash. The dealer will then offer you an attractive discount, which is often higher than the costs associated with the car loan. More on the topic: Buying a car from the dealer: Paying cash or financing?
The dealer offers Thorsten a high discount for cash payment. He therefore decides to finance the purchase with an instalment credit. He can conclude the car loan from Credit company online very quickly and easily and drive his “new old one” home soon.
Starting off into a happy life together is not only romantic – it can also pay off financially.
First the great love, then the expensive wedding and afterwards many duties. To all wedding skeptics: A wedding can be organized beautifully and at the same time inexpensively. And through the wedding the couple can also save a lot of money. We show how both works.
Marriage is back in fashion, also because marriage offers financial advantages. Since 2007, the number of marriages has been rising steadily: Meanwhile, more than 400,000 couples annually say yes to each other again. Of course, most marry primarily for love. But if you can also save money through marriage, this is a good additional argument for marriage.
The Basic Law protects marriage and family in a special way. Married couples and, to a large extent, registered life partners enjoy special legal privileges. This is evident, for example, in the annual income tax return or in the obligation of mutual maintenance. And even if one of the spouses dies, the other is protected: married couples have a legal right to inherit, while unmarried couples without a will or inheritance contract are left empty-handed.
From free choice of tax class to spousal splitting: as a married couple, the state grants you special privileges. For example, you can choose your tax class according to your income. Here it makes sense to calculate exactly. If your annual income – whether from self-employment or permanent employment – is approximately the same, tax class 4 makes sense. If one partner earns significantly more, he or she should choose tax class 3 – tax class 5 is then intended for the partner earning less. You also benefit from spouse splitting, especially if you have different incomes. In this case, both incomes are added together to calculate income tax and divided equally between the two partners.
10 reasons why marriage is worthwhile:
1. Splitting of spouses
Married couples and registered partnerships are treated equally in terms of income tax law. It is particularly worthwhile if one of the partners earns considerably more. This is because the total income of both partners is added together to determine the tax rate and then divided equally between the two – at least mathematically. From this half amount the income tax is calculated, which is then doubled again. This means that a lower tax rate must be paid than in the case of sole assessment. However, this advantage shrinks the closer the two salaries are to each other.
2. Choice of tax class
Unlike singles, married couples can choose their own tax class. If both couples earn about the same amount, tax class 4 is the best option for both. If one of the partners brings home about 60 percent or more of the total income, he should choose tax class 3 – the other partner would then automatically be assigned tax class 5.
3. Double the lump sum for savers
Investment income in the amount of the lump-sum savings amount is tax-free. For UK single taxpayers this is 801 GBP. Married couples profit from the doubling: Their saver lump sum is with 1.602 GBP – all the same whether one of the partners receives 1,500 GBP from shares and funds and the other one only 100 or whether both receive equally much money.
4. Free health insurance
If one spouse has no income or is doing a mini-job, he or she can legally co-insure with his or her partner – this also applies to the children of this marriage.
5. Household contents, liability & Co.
A wedding can be considered a premature reason for terminating current insurance contracts. Thus, married couples can reduce duplicate existing insurance policies to one – and save money.
6. Father by law
If a couple marries and then has a child, the husband is considered the father by law – even if he is not biologically a father. Non-married couples must first have paternity recognised in order to have father and mother treated equally and then apply for custody of the father. If they do not do this, the mother alone has custody.
7. Salary supplements for civil servants
The monthly income of civil servants can increase when they marry – and also when they have children. According to the rules on civil servants’ pay, a family allowance is added to their basic salary. Whether this is available depends on the federal state where the civil servant is employed.
Gift tax is levied when assets are transferred from one person to another without consideration. Married persons who give or bequeath something to each other have the highest possible tax-free allowance of 500,000 GBP. This means that inheritance and gift tax is only due if this amount is exceeded. The applicable tax rates are also lower than those for unmarried persons: Depending on the amount of the inheritance or gift, it is between 7 and 30 percent for married couples and 30 to 50 percent for couples without a marriage certificate.
9. Pension allowance
In the event of the death of a spouse, the surviving partner is entitled not only to the personal allowance of 500,000 GBP, but also to a pension allowance of 256,000 GBP. This ensures that a possible inheritance does not become a financial burden.
10. Survivor protection
If one of the spouses dies, the other may receive a widow’s or widower’s pension. Such a claim may exist if the deceased partner paid contributions to the statutory pension insurance scheme. The survivor’s pension depends on the duration and amount of the contributions made and is usually not too high. But at least there is a claim which is denied to unmarried couples.
But despite all the formal advantages, the very beginning of a marriage – i.e. the wedding celebration – is usually a major financial burden. And it often costs as much as a middle-class car. On the most beautiful day of your life, you just have to make a lot of money and not spill it.
This is how much a wedding costs
As portal24.uk found out in a survey, UKs spend on average about 12,000 GBP for the most beautiful day of their lives. Thereby 30 percent of the interviewees stayed under 10.000 GBP, 64 percent however their wedding was worth up to 20.000 GBP. The fact that the calculation varies is due to the enormous range of possibilities: Do you celebrate with your closest relatives in tens over coffee and cake? Do you also invite friends and rent accommodation for a whole weekend? Or do you get married on a grand scale with 150 people in a hip wedding location with bar staff and chef? You alone determine the financial framework of your wedding. So now you and your partner have to decide how you want to celebrate the wedding together.
From dance lessons to wedding planner – that’s what a wedding costs on average
- Stationery (invitation cards, menu cards, place cards etc.) – approx. 600 GBP
- Wedding car approx. 300-800 GBP
- Rings approx. 500-2.000
- dance course approx. 100-200 GBP
- for the bride about 1.000-5.000 GBP
- for the groom about 500-1.000 GBP
- civil marriage ceremony approx. 60 GBP
- free marriage ceremony approx. 500-1.000 GBP
- Documents approx. 100-150 GBP
- Champagne reception about 3 GBP per person
Location and catering:
- location 250-2.000 GBP
- Catering: 2.800-3.500 GBP
- wedding cake approx. 150-550 GBP
- Drinks, coffee and cake approx. 80 GBP per person
- Flower decoration ca. 800 GBP
- DJ about 600 GBP
- volume approx. 1.200 GBP
- photographer approx. 900-2.500 GBP
- one-week trip about 2.000 GBP
Advice and support:
- wedding planner approx. 1.000-1.500 GBP
How the dream wedding stays financially within budget
Your personal dream wedding need not be prohibitively expensive. Start planning in time! If you are pressed for time, you pay an express surcharge on everything – that doesn’t have to be. If you are also open to creative alternatives and take enough time for research and organisation, many things can often be implemented more economically. Start planning in good time!
Research prices early on. This will give you an idea of the market and strengthen your negotiating basis. In addition, you then have the full range of choices and don’t have to accept a second choice, which in the worst case can be expensive. The golden rule in wedding planning is: Organize the most cost-intensive things first. These include the wedding dress, the wedding location, the catering, the photographer or the videographer.
10 wedding savings tips
- Get married in the off-season Popular wedding dates drive up the cost of the wedding, because service providers often charge double on these days. On the other hand, in the low season, appointments are often still free and it becomes cheaper.
- Celebrate later in the day. The longer the wedding day, the bigger the bill. If you only start the wedding ceremony in the afternoon, the coffee and cake session can be omitted. A small wedding cake could then be served as a midnight snack.
- Design your own invitation cards. You no longer have to write by hand, because online printing houses now have unbeatably low prices. If you also ask for money gifts on the invitation cards, you will avoid unwanted gifts in kind.
- Organise a bachelor party. If you have to keep your wedding with an extravagant location and a chic buffet rather small for financial reasons, you can celebrate a large, relaxed hen party in advance. So you can celebrate your wedding with friends and acquaintances who are not invited to the actual wedding celebration.
- Serve appetizers at the champagne reception This will bridge the gap and save a full meal. Instead of hiring an expensive caterer, you can also ask guests to prepare a few appetizers. For example, if you are an active member of a sports club, you can ask other club members to serve the drinks.
- Choose favorable food variations. It does not always have to be the expensive fillet. Surprisingly, sometimes fish is cheaper than meat – it is worth asking. More vegetables will also lower the price.
- Use seasonal flowers. Whether bridal bouquet, decoration or car decoration – if you only use flowers of the season, you can save a lot of money. It becomes even cheaper if you design the flower decoration yourself.
- Limit alcoholic beverages. Beer, sparkling wine and wine – that is quite enough. If you like, you can still offer two cocktails: with and without alcohol. Also ask the service staff not to refill the glasses without being asked, so that half-full glasses are not left everywhere.
- Place your bets on Sales. Percentage campaigns should be in mind before your wedding. Here, for example, the date of purchase may be of help: Romantic decorations are often reduced after Valentine’s Day.
- Allow yourself to be sensibly presented with gifts. Whether wedding coverage, DJ or fire show – let the family or friends give you certain items on your wish list as a wedding gift.
Especially the wedding dress is an expensive investment. Many women dream of their perfect model already as girls – which makes the search all the more difficult. Those who are not open to alternatives here not only lose the overview, but also quickly dig too deep into their pockets. Ask for specific offers in a specialist shop. Meanwhile, many well-known clothing chains and online retailers also offer great wedding dresses at low prices. It’s worth browsing!
Bargains can also be made on second-hand portals. If the dress does not fit, you can have it altered. This is still cheaper than buying a new one. If that’s not for you, you can also have your wedding dress custom-made. Sounds expensive? Not necessarily. Some small start-ups specialise in this: you visit the shop, a designer takes your measurements, discusses your ideas and, in the best case, shows you examples – and after the first ten days you get a rough draft of your dress. Then the design is adapted so that in the end the wedding dress is exactly what you want.
How to get your dream dress at the price of your dreams
Second-hand tulle: Vintage shops are absolutely trendy. So why not get your wedding dress second hand? Usually the wedding dresses are completely intact – and if not, they can be brought back to life thanks to professional cleaning and alteration tailoring. The disadvantage: You have only a limited choice of sizes in second-hand shops.
Last (Wedding) Season: Outlets and Sales advertise brand new dresses at sometimes drastically reduced prices. So if it is not important to you to wear a current model, you can get real bargains here.
Autumn Shopping: As May is the peak season for weddings, many brides and grooms will be hunting for clothes in winter. Hurry ahead of them! In autumn, not only are the shops emptier, you can also find cheaper models.
Well rented is half bought: If you’re sure your potential bride’s dress won’t be a disaster, you can borrow one. The rental fee corresponds to the value of the dress – so a high-quality dress on loan can cost less than a cheap dress you bought. On the other hand, you can also afford real highlights as a wedding dress on loan.
First mine, now yours: Get a part of the purchase price back by selling your wedding dress. You can offer it online on your own or ask in second-hand shops whether you accept your dress on commission. Designer wedding dresses are especially popular. They usually find buyers quickly. However, the sale can drag on.
Installment credit and wedding – it fits!
Savings here, costs there: the romantic aspect of a wedding should still set the tone. The promise to take care of each other – even if the rose-colored glasses become clearer – is something that is not only legally obligatory. That is why you should celebrate this festivity in a way that is appropriate for this special day and for your love. You know best how this looks exactly.
And should the necessary small change for the dream wedding be missing in the end, we will be at your side as a fair and responsible partner. With an Credit company you can arrange your special day in the way that seems perfect for you. Complete your Credit company online with just a few clicks or get advice at a partner bank near you.
Accidental damage to the financed vehicle. What next?
You were innocently involved in an accident? Then you can sit back for now:
The insurance company of the person who caused the accident must pay all costs incurred. It pays for repairs, loss of use, a rental car or the lawyer. However, the depreciation in value is problematic – your car will suffer this in any case. This plays a role in leasing at the latest when you have to return the car to the dealer.
What do I have to bear in mind if I have an accident with my leased car?
A problematic special case is depreciation. It becomes important if you have to return the leased car to the dealer – and the car no longer reaches the calculated residual value after the accident.
This is different with a newly leased car: the insurance of the person who caused the accident also covers the depreciation in value.
Prerequisite: The car is not older than five years and has run less than 100,000 kilometers.
The insurance then compensates the difference to the value the car had before the accident. It is not unusual for the loss in value to exceed the repair costs.
What happens to my uncommitted car loan?
In the event of a self-inflicted accident, you must inform your insurance company and your lending bank. Exception: If you finance your car with Credit company via an uncommitted car loan, for example, you do not need to inform the bank of the accident. In this case, non-earmarked means: Credit company has granted you a loan that is not linked to the vehicle. You are the owner of your car, as you did not have to hand over the vehicle title to Credit company when you took out the instalment credit. In the event of a claim, the monthly credit instalments simply continue to run.
Total loss for a earmarked car loan? What do I have to do?
Things become more complicated if you have financed the vehicle with an earmarked car loan: With this loan, the owner transfers the vehicle to the bank as collateral. The vehicle title is deposited permanently with the bank. If the vehicle suffers a total loss in an accident, the owner must deregister it. This is precisely why he needs the vehicle title from the bank. The bank will only issue the registration document against other credit security. But because the car has defaulted as collateral, the bank will cancel the loan and demand the money back within a period of time.
A good possibility is to negotiate with the bank about the rescheduling of the remaining debt into an instalment loan. In this way, you simply pay off the existing car loan and do not get bogged down in different loans.
Well secured with fully comprehensive insurance
With a fully comprehensive insurance, you will still get away well even in the event of a self-inflicted accident. The much cheaper partial coverage insurance is available for damage caused by theft, fire, glass breakage or forces of nature. But that is not enough. The fully comprehensive insurance regulates all damages of self-inflicted accidents, even those caused by vandalism. 12 to 18 months after the first registration, the fully comprehensive insurance even pays the complete new car price. If you have acted with gross negligence, insurers will refuse to pay. And the insurance company is also not responsible for the credit costs. This risk is borne by the owner of the vehicle.
What does a car accident mean for my 3-way financing?
If you bought your vehicle from a car dealer using 3-Way Financing, you must report the claim. This is especially true if you have contractually agreed to return the vehicle after the credit period has expired. Depending on the extent of the damage, the lending banks reserve the right to approve repair orders. If the vehicle is a total economic loss, the bank will refuse this. In the case of an accident vehicle, a significant difference to the calculated residual value is to be expected. As a borrower, you must take responsibility for this.
The car owner can reduce his loss by selling the car himself. Often he will get a better price than the dealer has calculated. Unfortunately, this does not work with every loan agreement. Even in the case of a total loss, this solution sometimes does not work. If the vehicle still has a high residual value, the sale of the vehicle is worthwhile for the owner. Often, however, the bank decides what should happen to the accident car.
What do I do if the bank terminates my loan?
As a rule, banks are interested in the continued existence of the loan agreements. However, if you have had an accident, you should inform your bank immediately. Untied instalment loans, such as those offered by Credit company, are exempt from the obligation to report.
If you still have a notice of termination in your hands, you should visit the bank together with your lawyer. Avoid a legal dispute – usually an amicable solution can be found in a discussion.