Family

ING Inheritance Insurance

Insurance company: NN Insurance Belgium NV

Do you want to ensure your loved ones don't have to use their savings to pay the inheritance tax on your securities account? With ING Inheritance insurance a portion of your inheritance tax can be paid.

  • Low premiums

    For just 62 euros per year, (including tax and fees) your beneficiaries will receive an attractive benefit.

  • Accidental death

    In the event of your death by a covered accident, the beneficiary of your inheritance insurance will receive a benefit equivalent to 35% of the value of the securities account. The value of the securities account is calculated from the day before the accident, with a minimum benefit of 25,000 euros and a maximum of 90,000 euros (calculated on the basis of 1 account holder). This benefit partially or fully covers the inheritance tax associated with your securities account.

  • No med formalities

    For this inheritance insurance, you don't have to undergo any medical formalities.

A life insurance policy for accidental death, subject to Belgian Law and developed by NN Insurance Belgium nv, linked to your ING Securities Account. If you should die due to an accident, your beneficiaries will receive an attractive amount, equal to a percentage of the value of the securities account. This will enable them to pay (some of) the inheritance tax linked to your securities account.

The main exclusions

  • The insurance will not cover accidental death due to alcohol poisoning, insanity, or under the influence of drugs, unless it can be proven that there is no relationship between the accident and these circumstances;
  • As a result of a reckless act, a bet or a challenge, unless it can be proven that there is no link between the accident and these circumstances;
  • As a result of suicide or attempted suicide;
  • As a result of a crime or misdemeanour that was committed intentionally by the insured party;
  • Due to practicing one of the following sports: flying a private aeroplane, mountain climbing, parachuting, gliding, deep-sea diving, boxing, hang-gliding, flying with ultra-light motorised equipment and all speed racing in any form whatsoever. Accidental death while practising any of these sports is not insured.

Limitations

  • If a holder has multiple securities accounts in their name, the maximum combined benefit is 90,000 EUR.
  • If the Securities Portfolio was opened in the name of several private individuals the benefit (including the minimum and maximum amounts) will be shared between the number of joint holders.
  • If the deceased insured party is 70 years old or more, the payout (including the minimum and maximum amounts) will be halved.

Consult the General Terms and Conditions for all exclusions and limitations.

Unless otherwise agreed, the beneficiary who receives the benefit is:

  • the spouse (neither divorced nor legally separated) or the legal cohabiting partner of the deceased insured person;
  • in their absence, the children of the deceased insured person and other descendants by substitution;
  • in their absence, blood relatives in ascending line of the deceased insured person;
  • in their absence, the estate of the deceased insured person

You can take out this insurance in a branch. You don't have to fill out a medical form for this.

Following death by an accident that is covered, the beneficiary of your inheritance insurance will receive compensation equivalent to 35% of the value of the Securities Account.

The value of the securities account is calculated from the day before the accident, with a minimum benefit of 25,000 euros and a maximum of 90,000 euros (calculated on the basis of 1 account holder).

If the death occurs within 24 months after the accident and the beneficiaries can prove that the death is a direct result of the accident, the cover will still be paid.

If the deceased insured party is 70 years old or more, the payout (including the minimum and maximum amounts) will be halved.

ING Inheritance Insurance is offered to you, subject to acceptance by ING Belgium nv (insurance intermediary), an insurance broker registered with the FSMA under number 0403.200.393, NN Insurance Belgium nv (insurance company), an insurance company licensed by the NBB under number 2550. You will find further important information here:

  • Insurance Intermediary: ING Belgium nv, an insurance broker registered with the FSMA under code number 0403.200.393. Registered office: Avenue Marnix/Marnixlaan 24, B-1000 Brussels - Brussels Register of Companies - VAT BE 0403.200.393 - www.ing.be - BIC: BBRUBEBB – IBAN: BE45 3109 1560 2789.
  • Insurance company: NN Insurance Belgium NV, an insurance company licensed by the NBB under number 2550 for Classes 1a, 2, 21, 22, 23, 25, 26. Registered office: Avenue Fonsny/Fonsnylaan 38, B-1060 Brussels – Brussels Register of Companies – VAT BE 0890.270.057. BIC BBRUBEBB – IBAN BE28 3100 7627 4220