Children’s Pension is a compensation, which is paid out in the event of your potential death, during the insurance period, to your children who have not yet reached the age of 24.
Children’s Pension offers financial safety to your children, e.g. while they are in school or when they move out.
What does it cover?
- Children’s Pension is a continuous and fixed payment made to the insured child who, at the end of the month in which the insured person dies, has not yet reached the age of 24.
- The payment of Children’s Pensions ceases to end at the end of the month in which the child turns 24 or potentially dies.
- Children’s Pension may cover your biological, adopted and/or stepchild. However, it is required you share a common registered address with your stepchild at the time of your potential death
- For further information, please refer to our insurance terms, which you can find on our website.
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