Zurich launches secure capital life insurance for private customers!

Zurich launches secure capital life insurance for private customers!

Zurich Deutscher Herold Lebensversicherung AG (ZDHL) announced the launch of its new endowment life insurance on July 11, 2025. This product is aimed particularly at private customers who want to invest larger amounts of money, such as gifts or inheritances. With a maximum investment amount of 500,000 euros, the insurance offers an attractive opportunity for secure capital investment.

The focus is on maximum security and guaranteed services. The recommended term is eleven years. This term was deliberately chosen to avoid misunderstandings regarding the tax treatment of the payout according to the so-called 12/62 rule. 50 percent of the income is tax-deferred, provided that the term is at least twelve years and the payment is made after the age of 62.

Consortium and risk-spreading measures

The new product is offered as part of a consortium with four life insurers, with ZDHL acting as consortium leader. The partner companies are Allianz Lebensversicherungs-AG, Ideal Lebensversicherung a.G. and Zurich Life Legacy Versicherung AG (ZLL). The aim of this collaboration is to spread investment risks more widely in order to further increase security for customers.

The offer of capital life insurance represents an addition to the existing product portfolio, which also includes unit-linked pension insurance. In comparison to these, endowment life insurance guarantees a payout that includes the accumulated capital and any surpluses, both in the event of death and when the contract expires. Particularly in a time of falling interest rates, it is important that providers provide transparent information about bonuses and returns.

Alternative products and contract design

It should be noted that endowment life insurance also covers situations in which the insured has the opportunity to borrow against the capital saved. However, the consent of the insured person is required for this, unless the funeral costs are up to 8,000 euros. In order to take out capital life insurance, the interested party must pay the premiums on time and answer health questions truthfully.

The contribution of an endowment life insurance policy is made up of various components: a savings portion, a risk portion for deaths and a cost portion that covers the ongoing administration and closing costs. It is possible to cancel the insurance, with the surrender value being paid out. The Federal Financial Supervisory Authority (BaFin) monitors domestic insurance companies to ensure that they meet their obligations and that policyholders are regularly informed about the status of their contracts.

Overall, Zurich's introduction of endowment life insurance shows that there is growing demand for safe and attractive investment products. For customers who value security and want to invest larger amounts, this product offers a promising alternative.

For more information on the details of endowment insurance, those interested can read the articles from Insurance Journal and BaFin consult.