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Krankentagegeld: Income Protection for PKV Policyholders

If illness stops you working, Krankentagegeld replaces your income. Here is how this daily sickness benefit works in PKV, and how to size it correctly — especially if you are self-employed.

What Is Krankentagegeld?

Krankentagegeld (daily sickness benefit) is an income-replacement benefit you can add to private health insurance (private Krankenversicherung, PKV). If illness or injury makes you unable to work, it pays an agreed fixed amount for each day you remain unfit, helping you cover living costs while you recover. It is distinct from your medical cover — it protects your income, not your treatment.

Who needs it most: the self-employed and freelancers, who receive no employer sick pay and no statutory sick pay. For them, Krankentagegeld is not a luxury — it is essential income protection.

How It Works for Employees vs the Self-Employed

The right design differs by employment type:

Choosing the Daily Amount and Waiting Period

Two figures define your policy:

ChoiceHow to set it
Daily benefit (Tagessatz)Cover your actual daily net income; do not over-insure beyond it
Waiting period (Karenzzeit)The earlier it starts, the higher the premium — match it to your reserves

A longer waiting period lowers the premium, so if you have savings to bridge the first weeks, a later start cuts cost. The daily amount should reflect your genuine income need: insurers will not pay more than your lost earnings, so over-insuring simply wastes premium.

Tax Treatment

A notable advantage in Germany: Krankentagegeld from a private policy is generally tax-free, because the premiums are paid from taxed income. This means the daily benefit you receive is the amount you keep — another reason to size it to your net rather than gross income.

Krankentagegeld vs Krankenhaustagegeld

Do not confuse the two. Krankentagegeld replaces lost income while you are unfit to work, whether at home or in hospital. Krankenhaustagegeld is a separate, smaller benefit paid only for days spent as a hospital inpatient, intended to cover incidental costs (parking, phone, comforts) rather than income. Many policyholders hold both, sized very differently.

Review It Periodically

As your income grows, your Krankentagegeld should grow with it, or a long illness could leave a gap. Review the daily amount every couple of years, and whenever your earnings change significantly, to keep your income protection aligned with your real needs.

Frequently Asked Questions

What is Krankentagegeld?
It is a daily sickness benefit in PKV that replaces your income when illness or injury makes you unable to work. It pays a fixed agreed amount per day of incapacity and is separate from your medical cover.
When should the benefit start?
Employees usually start it from day 43, after the six weeks of employer continued pay end. The self-employed, who have no such buffer, often choose an earlier start such as day 15 or 22, depending on their savings.
Is Krankentagegeld taxable in Germany?
Private Krankentagegeld is generally tax-free, because premiums are paid from taxed income. For that reason you should size the daily benefit to your net income rather than your gross.

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