Solidar
Experiences, reviews and information about the provider
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Details
Pros
- Clear specialisation in funeral cover insurance
- Mutual insurance association, surpluses stay with the members
- Over a hundred years of experience in funeral cover
- Admission also possible at an older age
Cons
- Only a single product line, no other insurance
- Funeral cover plans come with waiting periods depending on the variant
- Sums insured are tailored to funeral costs and are limited
- Comparatively low name recognition nationwide
Fact sheet: Solidar
| Company name | Solidar |
| Founded | 1922 |
| Headquarters | Bochum |
| Country | 🇩🇪 Germany |
| Type | versicherer |
| Website | solidar-versicherung.de * |
About Solidar
SOLIDAR Versicherungsgemeinschaft Sterbegeldversicherung VVaG, based in Bochum, was founded in 1922 by employees of the Bochumer Verein as a company death benefit scheme and, after the merger with Friedrich Krupp, was for a time called Sterbekasse Fried. Krupp Hüttenwerke. In 1986 the fund was opened to anyone outside the group, and in 1988 it received its present name. As a mutual insurance association (Versicherungsverein auf Gegenseitigkeit, VVaG), SOLIDAR belongs to its members; surpluses therefore benefit the policyholders. The company is subject to insurance supervision by BaFin (the German financial regulator) and offers exclusively funeral cover insurance (Sterbegeldversicherung) for funeral provision. By its own account, around 85,000 people are insured.
Special features
- Founded in 1922 as a death benefit scheme for employees of the Bochumer Verein
- Opened to all interested people only in 1986
- Current name SOLIDAR since 1988
- Legal form mutual insurance association with a membership structure
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