Sadly, everyone has to go at some point


Death is part of life. This is something that we sometimes struggle to accept. But it is still worth thinking about sometimes. It is good to know, for example, that the money you saved in your pension fund is not simply lost. There are different ways in which payouts can be made.

A lot of different factors – a lot of different solutions

What happens when I die? For a lot of people, this question is a philosophical one. Here at BVK, however, we take a much more grounded approach to the subject of death. For us, it's about making sure that accumulated savings are managed and paid out correctly.

It all comes down to when the insured person dies (whether they are still in employment or have retired) and what their life circumstances were (single, married, divorced, etc.). When an employee dies, a lump-sum death benefit is paid out if BVK is not required to pay out a spouse's pension. This death benefit consists of all of the accumulated savings and is paid out to people that you have demonstrably supported to a significant degree, or the person that you have cohabited with in the five years prior to your death, or the person responsible for supporting one or more mutual children. In the absence of such persons, the benefit will be paid out to your children, or your parents if you have none, or your siblings if you have none. No lump-sum death benefit is paid out upon the death of a pensioner. You can tailor the order of priority to your wishes by changing the order of beneficiaries.

It is, however, more often the case that a pension or settlements are paid out to survivors. Find out more in the sections on spouse's, partner's and children's pensions. As a BVK customer, you can use myBVK to quickly and easily view your current data.

More about death

Frequently asked questions regarding survivors' benefits

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