How can I get a cheap AOV insurance?

Do I save by purchasing cheap AOV insurance?

The price of your AOV insurance is partly determined by you. There are a number of ways to reduce the premium of your AOV insurance. Of course, your age and profession are not influenced, but some other factors can be influenced. Below we give you some tips on how to get a cheap AOV insurance.

#1 Pay close attention to the amount insured

When you take out an AOV insurance, you choose the insured amount yourself. This determines the amount of the benefit. For example you can insure 80% of your income. If you become disabled, you will receive 80% of your income. In order to determine how high the insured amount should be, it is important that you have insight into the sum that you need to be able to pay your fixed costs. Perhaps a lower insured amount is already sufficient to pay your bills. The lower the insured amount, the lower the premium. Make sure that you are not underinsured.

#2 Choose a longer own-risk period

The excess period is actually the waiting period of the insurance. It is the period in which you are already incapacitated for work, but in which you do not yet receive any payment. You choose how long the waiting period is. You can also opt for a longer waiting period, which makes the premium a lot lower. This does mean that you will have to bridge a longer period of time when you become incapacitated for work. An important factor here is therefore your financial buffer.

#3 A shorter term is cheaper

When you take out an AOV insurance you choose the duration of the benefit. The duration is the number of years that you will receive benefits when you are disabled. After this period you have to provide for an income yourself. A shorter duration means a lower premium. In this way you can save on your disability insurance.

#4 Higher benefit threshold = lower premium

The benefit threshold means the percentage that you must be at least incapacitated for in order to get an AOV. When the benefit threshold is 25%, you will only receive a benefit if you are at least 25% disabled. You can also choose for a higher threshold. Then you pay less premium, which makes the disability insurance cheaper. A higher threshold does mean that you only get a benefit if your disability percentage is higher than the threshold you choose.

#5 Don't let the AOV run too long

AOV insurance usually continues until you retire and receive AOW. However, you can also choose to stop the benefits earlier, as this saves on the premium. This is possible if you have a good buffer to bridge the remaining period until your retirement.

Cheap AOV insurance? Request a quote on Alpina\.nl!

Wondering what AOV insurance will cost you? As you have read, there are a number of areas where you can save money. On Alpina.nl you can request a no-obligation quote for your AOV insurance. For this we need some personal information. In addition, you can list your own wishes. Based on this information, we can give you an accurate quote. You decide whether and where you take out AOV insurance.

Do you have any questions? Then please do not hesitate to contact us!