CosmosDirekt Risikoleben

CosmosDirekt Risikoleben is a term life insurance plan from CosmosDirekt, available to residents of Germany. Sum insured ranges from varies, eligible ages 18 to 65, and the policy is annual. Below is our take on how it compares to other term life plans in our database — what it does well, where it lags, and the kind of policyholder it actually fits.

Annual premium starts at €8, against a category median of €13 across the 5 comparable term life plans we track in this country. That places CosmosDirekt Risikoleben in the bottom quintile on price, and the bottom quintile on coverage ceiling (maximum sum insured N/A versus a peer median of €7.5M). On the value spectrum it reads as priced cheaply for the category, which usually signals either a budget plan or one with tighter sub-limits.

Coverage is on the leaner side compared to category peers: 0 core inclusions, 3 highlighted features, and 0 optional riders. Notable features called out by CosmosDirekt include Cheapest Online Provider, Direct Insurer, and Simple Process.

Term life pricing is most sensitive to age, smoker status, and policy term, so the headline premium is illustrative only. CosmosDirekt Risikoleben accepts applicants aged 18–65, which sets the practical ceiling on policy term — for someone applying at 18, the longest possible cover runs through age 65. Whether the rate you get on quote will land near the illustrative minimum depends entirely on your underwriting bucket; non-smokers in the youngest cohort typically pay close to the floor, smokers and older applicants pay materially more. CosmosDirekt's published claim settlement record is the metric that actually matters for term — the policy is worthless if claims are denied at maturity, and the difference between a 95% and 99% settlement ratio is the difference between routine claims paid and routine claims fought.

Where CosmosDirekt Risikoleben explicitly will not pay: Pre-existing conditions exclusions apply. These are not unusual exclusions for a term life plan, but they are the boundary of the contract — anything outside that list is in scope, anything inside is not. Read the full exclusions list before signing; every plan we have ever audited has at least one exclusion the buyer did not realise was there.

Best fit for: buyers prioritising lowest annual outlay. Skip if: you need coverage above the plan's maximum sum insured. As with any insurance decision, get a quote from CosmosDirekt directly to confirm the rate that actually applies to your profile — listed prices are illustrative.