These types of insurance provide protection for both the borrower and the lender. They also guarantee the assumption of all or part of the repayment deadlines or the outstanding capital of a credit in the event of the occurrence of certain events.
The purpose of Krankenversicherung is to cover all or part of your health expenses that are not covered by the compulsory scheme. It only applies to health care costs (consultation with a doctor, hospitalization expenses, optical and dental costs, etc.).