The most important insurance policies over 30: Financial security for family, property and career - advice from a financial expert.

The most important insurance policies over 30: Financial security for family, property and career - advice from a financial expert.

According to a report by www.ruhr24.de, the importance of insurance from the age of 30 is highlighted. With increasing responsibilities in the form of having your own family, having a permanent job and owning your own home, the question arises as to which insurance policies make sense at this point in time.

Term life insurance is important in this phase to protect the family financially in the event of the death of the main earner. This protection is particularly essential for shared real estate loans or for suddenly single parents. The term should be chosen so that the family is financially secure, for example until the children graduate. In addition, occupational disability insurance is recommended as an important safeguard for the family in the event of loss of income in order to maintain the economic basis of existence. This insurance is offered not only for employees, but also for freelancers, housewives and the self-employed.

Household contents insurance has also become more important from the age of 30, especially after purchasing a condominium, to protect movable property and built-in elements. Events such as natural disasters, burglary, lightning strikes, fire and tap water leaks are covered by household contents insurance.

As a business expert, it is important to understand that these insurance policies impact individual and family risk profiles. The increasing purchase of these insurance policies could have a long-term positive impact on the insurance industry as demand for these policies is expected to increase. This could also benefit consumers as increasing demand could potentially lead to better conditions and offers. It is important to emphasize that individual advice regarding the choice and term of these insurance policies is of great importance in order to ensure the best possible protection.