(2022) Where do I enter contributions to a unit-linked life insurance policy?

Endowment and pension insurance policies are only tax-advantaged if they were taken out before 2005. Contributions can generally be deducted as other insurance as pension expenses.

However, a tax deduction usually fails because the possible maximum deduction amount of 1.900 Euro or 2.800 Euro is exhausted with contributions to health and nursing care insurance, unemployment insurance, and private accident and liability insurance.

Unit-linked pension insurance is not tax-deductible, and contributions cannot be claimed as special expenses under pension expenses.

Support is provided for unit-linked life insurance only as certified contracts for the Riester or Rürup pension. Contributions must then be separately documented in the tax return in the Riester pension section or the basic pension (Rürup pension) section. For a Riester pension, contributions of up to 2.100 Euro per year are tax-advantaged as special expenses.