Daily sickness allowance: an overview of the costs and benefits of insurance

The daily sickness allowance insurance is an additional insurance that can be taken out in addition to the statutory health insurance. The insurance will cover insured persons who are unable to work due to an illness or accident, resulting in a loss of income. In this case, they will receive a daily sickness allowance from the insurance company.

The cost and benefits of daily sickness benefits insurance vary by provider and plan. Important factors influencing the costs include the age of the insured, the occupation and the desired daily sickness allowance. There are also differences in the benefits: some providers offer additional benefits such as reimbursement of hospital co-payments or cost coverage of alternative healing methods.

There are various ways to take out daily sickness benefits insurance: Insured persons can either take out insurance through their employer or directly with an insurance company. In order for the insurance to take effect in the event of illness, insured persons must fulfill certain conditions. For example, they must submit a medical certificate and wait for certain waiting periods.

In this series of articles, we will take a closer look at the costs and benefits of daily sickness benefits insurance and give you tips on what you should look for when choosing the right tariff.

What is the daily sickness allowance??

The daily sickness allowance is an insurance benefit that is paid in the event of incapacity for work due to illness or accident. The amount of the daily sickness benefit depends on the agreed sum insured and the individual income of the insured person.

The cost of per diem sick pay depends on a number of factors, including the age and health of the insured, the amount of coverage desired, and the term of the policy. It is therefore advisable to compare different providers and seek advice from an independent expert before making a decision.

In addition to the daily sickness allowance, many insurance companies offer further benefits such as a premium waiver in the event of unemployment, early payment in the event of serious illness or an extended insurance period. However, these additional benefits can increase the cost of the contract, and should therefore also be carefully considered.

Some employees are entitled to continued payment of wages in the event of illness by their employer. However, this is often limited in time and only amounts to a part of the salary. The daily sickness allowance can therefore be a useful supplement to the continued payment of wages in order to mitigate the financial consequences of a prolonged illness.

The cost of the daily sickness allowance

Anyone wishing to protect themselves against loss of earnings in the event of illness can take out daily sickness allowance insurance. The cost of this insurance varies depending on the provider and tariff. As a rule, the premiums are made up of an individual risk surcharge, the age and the state of health of the insured person.

Daily sickness allowance: an overview of the costs and benefits of insurance

It is important to note that daily sickness allowance is only a supplement to statutory health insurance. The amount of the daily allowance paid out is based on the income of the insured person and usually amounts to between 50 and 100 percent of the net income. The exact amount and duration of the benefit are specified in the insurance conditions and can vary depending on the tariff.

Benefits of the daily sickness allowance insurance

  • Financial protection in the event of illness
  • Payment of the agreed daily rate in the event of incapacity for work
  • Extension of the benefit period is possible
  • No health check required when joining the insurance
  • Free choice of doctor

In case of longer periods of illness, the daily sickness allowance can be an important financial support. However, it makes sense to find out exactly what the rates and conditions are before taking out such insurance. Advice from an insurance broker or specialist lawyer may be advisable.


Daily sickness benefits are an important insurance policy that can protect against loss of income in the event of a prolonged illness. But before you decide on an insurance policy, you should carefully check the costs and benefits.

It is important that the daily sickness benefit covers one’s needs and is sufficiently high. In addition, one should pay attention to the waiting period and the duration of the benefit. Special benefits such as a daily hospital allowance or a right to return to work may also play a role in the decision.

A thorough research and comparison of several offers can help to find the right insurance policy. It is also worthwhile to consult an insurance advisor, who will assist in the selection process and provide individual recommendations.

  • Conclusion:
  • The daily sickness allowance is an important insurance that can protect against loss of income.
  • When making a selection, one should carefully examine the costs, benefits, waiting period and duration.
  • The search for the right insurance is worthwhile and can be supported by an insurance consultant.
Daily sickness allowance: an overview of the costs and benefits of insurance

Overall, the daily sickness allowance offers sensible coverage in the event of illness and can help to avoid financial bottlenecks.

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