Simple. Uncomplicated. Quick.
The flatex policy loan.

We lend money on your insurance policy.
Up to EUR 100,000 freely available.
So that your ideas have prospects.

Your benefits at a glance

  • Attractive interest rate of 4.90% p.a. (b.a.w.)
  • Loan amounts up to EUR 100,000
  • Your life/pension insurance serves as collateral.
  • No additional fees for processing and administration
  • Freely usable loan amount

Your benefits at a glance


  • Attractive interest rate of 4.90% p.a. (b.a.w.)
  • Loan amounts up to EUR 100,000
  • Your life/pension insurance serves as collateral.
  • No additional fees for processing and administration
  • Freely usable loan amount

Quick and easy. Our policy loans.

If you like to extend your financial leeway, it is not necessary to sell your life insurance or pension insurance for a low price. With our service, your insurance cover remains intact and you secure additional capital with little effort. Take advantage of the flexibility and do what is really important to you.

The amount of your loan depends on the type and the surrender value of your insurance policy.

Calculate your personal flatex policy loan.
 

  • more info Actual surrender valuze
  • more info Requested credit amount
  • Type of insurance

  • Capital-linked Unit-linked
  • Value: 10,000 €
  • Borrowing rate: 4.90 %
  • Interest per year: 490 €

Product features

  • credit line: repeated full or partial utilisation possibility
  • Revocation: The contract can be revoked within 14 days after signing it without giving reasons by means of a clear declaration
  • Cancellation: can be cancelled on both sides at any time
  • Term: until further notice, max. until maturity of the life/annuity insurance
  • Repayment: any time
  • Lender: flatex Bank AG
  • Loan amount: min. € 2,500, max. € 100,000
  • Loan amount: Max. 90% surrender value of the life/annuity insurance
  • Target interest rate: 4.90% p.a. b.a.w. (to the respective amount claimed)
  • Costs: there are no additional costs for you
  • Interest rate calculation: quarterly
  • Example: With a policy loan of EUR 10,000 and the fixed borrowing rate (= effective annual interest) of currently 4.9% p.a. you are only paying interest of EUR 122.50 after three months of use.
    This results in a negative account balance of EUR 10,122.50.
  • Security: Assignment of your life/pension insurance

Existing customer

1

Log in to your securities account, click on "Service" and in the menu item "Personal data" on "policy loan".

2

Print out the signed loan application and send it with your insurance policy: flatex Bank AG,
Magazinstr. 2, 08056 Zwickau.

3

After confirmation of your insurance company, you will be credited with your loan amount and you will receive a loan commitment.

4

If for some reason we cannot lend against your policy, you will receive back your insurance policy.


To the customer login

New customers

1

Click on "Open Account" and fill out the account application and the policy loan application.

2

Print out the signed loan application and follow the verification of identity process.

3

Send the signed loan application with your insurance policy to the following address: flatex Bank AG,
Magazinstr. 2, 08056 Zwickau.

4

After confirmation from your insurance company, you will receive a loan commitment. If for some reason we cannot lend against your policy, you will receive back your insurance policy.

Open an account now

Important information about risks associated with the use of credit


1. Strict standards of performance and economic conditions of the borrower. 
Generally, the bank must, on the basis of the information available to it before the issuance of loans, examine whether, in the interest of the customer, the borrower incurs significant restrictions on his economic freedom of movement. Possible losses in securities transactions should be covered by the borrower through free liquidity.

2. Risks of using loans to finance securities transactions

2.1.Price stability or expiration, payment of loan interest and loan repayment from free liquidity or, if applicable, sale of securities at a loss.
The use of credit entails the payment of interest on the loan, expenses and, ultimately, the repayment of the loan. You can only generate these fixed costs from your securities investment if share prices and income distributions develop particularly favourably. Securities, including standard stocks, are subject to price fluctuations in both directions. A fall in prices may occur due to general market conditions such as stock market crash, but also due to special circumstances in the individual investment.

Your risk:
The credit costs can then no longer be generated from the investment, but must be provided from free liquidity funds. Please also note that the investment may then have to be sold at a loss. Likewise, we point out that in the case of non-sale (perseverance) price increases and income credits must develop disproportionately large, so you can recover the loan repayment plus interest and transaction costs.

2.2. Possible interest rate increases
The amount of the loan interest can be found in the price and service list.

Your risk:
Rising lending rates and consistent or decreasing security prices as well as consistent or diminishing income distributions will result in a reduction in substance with the potential effects described above.

3. Risks with same-day transactions ("day-trading")
Developments on the international capital markets have not only led to new product offerings. Modern technologies have also partially changed the way securities are traded. This makes it possible to buy and sell the same security, money market instrument or derivative on the same day. This is also known as day trading. The intent is to achieve capital gains or limit price risks by exploiting even small and short-term price fluctuations of a single value. If you engage in such business, you should be aware of the specific risks. If you finance your day trading business not only with your own equity, but also with loans taken out, then note that the obligation to repay these loans, even in the case of day trading, is independent of the success of your day trading business.