Life can change in an instant. Losing a loved one is already a difficult experience. By planning coverage to compensate for your absence and allow your family to continue your projects, you spare them additional stress. Fixed‑capital death insurance is a simple and effective solution to guarantee the payment of a lump sum to the beneficiaries of your choice should you pass away.
Why choose this insurance?
"}},{"componentType":"productFeatures","image":{"transformBaseUrl":"https://assets.ing.com/transform/701cdeb9-5af8-41f8-a683-6c4f1f6d3059/familykidsadultsbabyscene","type":"image","width":1500,"original":"https://assets.ing.com/m/13941a9f910904e0/original/familykidsadultsbabyscene.svg","extension":"svg"},"highlighted":false,"items":[{"body":"Preserve your family from the stress of unexpected expenses, help fund studies or cover rent, utilities and daily costs thanks to the capital that you insure.","title":"Protect your loved ones"},{"body":"Keep your loved ones on track, from school to life goals, all with an affordable monthly premium.","title":"From 8 euros per month"},{"body":"You choose the amount you want to insure, the duration of the policy, the beneficiaries, etc.","title":"Tailored to your needs"}]},{"componentType":"sectionTitle","title":"How it works:"},{"componentType":"applicationProcess","steps":{"stepList":[{"title":"Tell us your needs","body":"Calculate your premium in just a few steps, personalize your cover and review your options.","textLink":{"text":"To the death insurance calculation."}},{"title":"Submit your application","body":"Once you're satisfied with your cover, submit your application."},{"title":"Receive your quote","body":"You receive an email in which we ask you to sign your proposal."}]}},{"componentType":"cta","textLink":{"url":"https://ebanking.ing.be/banking/mobile/insurance/fixed-capital?EW=true","text":"Log in to see your price"}},{"componentType":"paragraph","richBody":{"value":"
Not yet an ING customer? Then open an ING current account first.
"}},{"componentType":"sectionTitle","title":"What is ING Fixed Capital Death Insurance?"},{"componentType":"paragraph","richBody":{"value":"This death insurance with fixed capital is a simple way to make sure your loved ones have financial support if you pass away during the contract period. You choose a fixed amount - for example 50,000 or 100,000 euros - and that amount will be paid to your beneficiaries should the worst happen. The payout never decreases, so your family knows exactly what to expect.
Why is this important?
Because life doesn’t stop for bills, studies, or taxes. This insurance helps your family keep their plans on track without financial stress.
The ING Fixed Capital Death Insurance is developed by NN Insurance Belgium nv. and governed by Belgian law.
"},"textLinks":[{"url":"/en/individuals/insurance/death-insurance-in-detail","text":"The death insurance in detail"},{"url":"/en/individuals/insurance/death-insurance-also-for-inheritance","text":"Is a death insurance policy also useful for paying inheritance tax?"},{"url":"/en/individuals/insurance/which-insurances-cover-death","text":"Which insurances in case of death?"},{"url":"/en/individuals/insurance/beneficiaries-life-and-death-insurance","text":"Life and death insurances: who are the beneficiaries?"}]},{"componentType":"paragraph","title":"Who is this insurance for?","richBody":{"value":"To take out this death insurance policy, you must:
be at least 18 years of age,
be resident in Belgium when you susbcribe
and have an account with ING. (Not yet an ING customer? Open an ING current account first.)
You choose:
the insured amount (minimum 2,500 euros)
the policy duration (minimum 1 year, up to your 85th birthday)
how you pay (monthly or annually)
You can still amend your policy during its term, subject to acceptance by the insurer.
"}},{"componentType":"paragraph","title":"Main exclusions ","richBody":{"value":"Your cover does not apply in these cases:
See full list of exclusions in the General Conditions.
"}},{"componentType":"sectionTitle","title":"Premium, Payments and Policy end"},{"componentType":"paragraph","title":"How your premium is calculated","richBody":{"value":"Your premium includes charges and taxes (e.g., 2% tax for Belgian residents). Yo also need to choose whether to pay monthly or annually.
Choose the option that suits your budget best.
"}},{"componentType":"paragraph","title":"When the policy ends","richBody":{"value":"To calculate your premium fairly, the insurer uses objective criteria:
These ensure a fair balance between what you pay and the expected payout.
| Acceptance Criteria (AC) | Pricing Criteria (PC) | Extended Guarantee Criteria (GC) |
|---|---|---|---|
Insured Capital | ✓ | ✓ | |
Duration of the contract | ✓ | ✓ | |
Financial acceptance | ✓ |
| |
Health condition | ✓ | ✓ | ✓ |
Age | ✓ | ✓ | |
Smoking behaviour |
| ✓ | |
Profession and sport(s) | ✓ | ✓ | ✓ |
Travel risk factor | ✓ | ✓ | ✓ |
Insured capital: has an impact on the amount of the premium because the risk being insured is directly related to it.
Term of the policy: can have an impact on the amount being insured and thus on the amount of the premium.
Financial acceptance: if you have insured capital with NN Insurance Belgium nv totalling more than 1 million, the insurer will evaluate your financial situation.
Health condition: the insurer gathers information about the condition of your health via a questionnaire or medical examination. When you take out the policy, if you have known health problems that increase the risk of early death, the insurer will take this into account. The insurer may ask additional questions or ask you to provide additional information if the questionnaire or medical examination does not provide sufficient insight into the condition of your health.
Age: statistically, the risk of death increases with age. Therefore, age is an important criterion when taking out a death insurance policy.
Smoking: smoking damages health and increases the risk of dying. Therefore, the insurer needs to know if you smoke.
Occupation and sport(s): some occupations and sport(s) that you participate in can involve danger and therefore they have an influence on your risk of death and your life expectancy.
Residence risk: depending on the duration and destination, a stay abroad can have an influence on the condition of your health and your risk of death.
"}},{"componentType":"sectionTitle","title":"Complaints"},{"componentType":"paragraph","richBody":{"value":"
Not entirely satisfied with the distribution of this product?
Our Complaints Department and Ombudsman are there to help you.
Not completely satisfied with your ING Death Insurance?
Contact NN online: klachten@nn.be
"}},{"componentType":"sectionTitle","title":"Important documents"},{"componentType":"paragraph","richBody":{"value":"
Before taking out an ING Death Insurance policy with Fixed Capital, it is important that you consult the following documents (with the applicable conditions, exclusions and limits):
For further information, you can always consult Rates and Regulations (under ‘Insurance’)
"},"textLinks":[{"url":"https://assets.ing.com/m/58ca999aee1d0105/original/GeneralInformationInsuranceEN.pdf","text":"general information about insurance policies (PDF)"},{"url":"https://assets.ing.com/m/0cffaeb0dde5b9e4/original/BelangenconflictINGBelgieEN.pdf","text":"about the conflict of interest policy, including the benefits: of ING Belgium nv (PDF)"},{"url":"https://assets.ing.com/m/68dd2de5fa47269b/BelangenconflictINGLifeNonLifeEN.pdf","text":"about the insurer (PDF)"}]},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"componentType":"accordion","accordionList":[{"title":"What is the difference between death insurance and life insurance? ","richBody":{"value":"Life insurance (savings‑oriented)
Life insurance is a broad category of products linked to a person’s life. Some life insurance policies help you save or invest for a future goal. For example: You pay premiums, and if you’re still alive at the end of the contract, the insurer pays you a lump sum or an annuity.
Typical use: building extra capital for a project like buying a home or preparing for retirement.
Death insurance (also called term life insurance)
Death insurance is protection‑oriented. It pays a fixed amount to your beneficiaries if you pass away during the contract period.
Typical use: making sure your family can cover expenses such as rent, daily bills, children’s studies, or inheritance taxes if you’re no longer there.
When you opt for a whole-life death insurance policy, the insured capital is paid out when you die. This is regardless of when you die.
With a term death insurance policy, your next of kin get the insured capital sum only if you die before the end date of the policy.
"}},{"title":"Can your loved ones use the capital to pay inheritance tax? ","richBody":{"value":"Yes. If you’ve built up assets — like savings or a home — your heirs will need to pay inheritance tax on your estate. In Belgium, this can be significant:
This can be a heavy financial load.
With ING Death Insurance, your family receives a fixed payout they can use to cover these costs, so they don’t have to dip into their own savings or sell assets quickly.*source: https://finance.belgium.be/en/private-individuals/family/death/inheritance-tax
"},"textLinks":[{"url":"/en/individuals/insurance/death-insurance-also-for-inheritance","text":"Also read the article ‘Is a death insurance policy also useful for paying inheritance tax?"}]},{"title":"Can you increase the amount of your death insurance cover? ","richBody":{"value":"Yes, you can request a higher insured amount, but it requires approval from the insurer. To do this, you’ll need to restart the application process, and you may be asked additional questions.
"}},{"title":"What happens when the policy ends? ","richBody":{"value":"There are two possible situations:
If you’re still alive
The policy ends on the date you selected. Do you want to keep your cover? You can apply for an extension (subject to the insurer’s approval). Keep in mind: your premium may be higher because of your age.
If you have passed away
The insurer will contact the beneficiaries you named and guide them through the next steps.
Yes, it’s possible. For example, you can apply even if you have diabetes or another serious condition. The insurer will review your health and other factors to decide whether your application is accepted and what your premium will be.
A health issue doesn’t automatically mean refusal, but it could lead to a higher premium or, in some cases, non‑acceptance.
"}},{"title":"Is there a death risk insurance policy with monthly payouts? ","richBody":{"value":"No, there isn’t. Death insurance pays out a single lump sum, not monthly installments. Research shows it often takes about three years for a family to recover financially after losing a partner.
With this in mind, think about how much capital your partner would need to cover expenses during that time. For reference, the average monthly cost is estimated at around €1,388 — so you can use that as a guide when choosing your insured amount.
This is an indicative amount based on average living costs in Belgium. Your family’s needs may differ.
"}}]},{"componentType":"sectionTitle","title":"Services and contacts"},{"componentType":"cards","cards":[{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"An overview of your insurance policies?","intro":"View all your contracts online via Home'Bank","image":{"transformBaseUrl":"https://assets.ing.com/transform/cc64a0d0-847d-40ca-89f6-b071ca5a51e8/manchild","type":"image","width":814,"original":"https://assets.ing.com/m/7797498d80d9cd4b/original/manchild.jpg","extension":"jpg"},"link":{"url":"https://ebanking.ing.be/en/retail/insurance?standalone=true"},"linkText":"Insurance"}]}]},"complementaryZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Also interesting!"},{"componentType":"cards","cards":[{"componentType":"productCard","cardType":"product","cardSize":"small","title":"Family Insurance","intro":"Insurer: NN Non-Life","image":{"transformBaseUrl":"https://assets.ing.com/transform/c3c5fc87-881c-44e5-813c-3ae1688fffb1/A-mother-and-her-young-todler-push-wheelbarrows-crop","type":"image","width":5700,"original":"https://assets.ing.com/m/26cc2806d91185c4/original/A-mother-and-her-young-todler-push-wheelbarrows-crop.jpeg","extension":"jpeg"},"link":{"url":"/en/individuals/insurance/family-insurance"},"promoText":"Maître achat by Testachats"}]}]},"legalZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Legal information"},{"componentType":"paragraph","richBody":{"value":"Read the infofiche before subscription. The ING Fixed Capital Death Insurance policy is offered to you, subject to acceptance, by:
ING Belgium SA/NV - Bank/Lender - Registered office: Avenue Marnix 24, B-1000 Brussels – Brussels - RPM/RPR – VAT: BE 0403.200.393 – BIC: BBRUBEBB – IBAN: BE45 3109 1560 2789. Responsible publisher: Cédric Lebegge – Street Marnix 24, B-1000 Brussels • XXXXXXN • 01/2025
"}}]}}}