54 questions, with calm answers

It's a life insurance product with one clearly defined purpose: to provide a fixed sum for funeral costs. If the insured person dies, the insurer pays the amount set out in the policy to the beneficiary – when a beneficiary has been named, this typically happens independently of the probate process. More detail: what is funeral expense insurance.

Funeral expense insurance is a targeted, lower-value product sized to funeral costs – which is why it can typically be taken out more simply and at an older age. A classic life insurance policy covers a larger sum and is meant to protect the family's living standard. The two aren't competitors: they answer different questions.

Insurers' bands vary, but by design this product covers targeted sums sized to funeral costs – not asset-building. The right amount follows from the cost factors of the funeral you're planning; a needs assessment helps work this out.

Typically not: with most products the payout can be used freely, and no receipts need to be submitted. There are also products on the market where, instead of cash, you can choose an in-kind funeral-organising service – in that case the insurer settles directly with the service provider.

Typically yes: funeral expense insurance provides lifelong cover, though with most products the premium only has to be paid up to a set age or a chosen term – after that, cover continues without further payment. The exact rule varies by insurer.

The insurance is a financial product, and the funeral service provider is a separate party: the payout is what leaves the family free to choose whichever provider they want. I don't recommend or rate providers – that isn't the broker's role.

Three simple roles: the policyholder takes out the policy and pays the premium, the insured person is the one whose death triggers the benefit, and the beneficiary is the one who receives the payout. All three roles can sit with one person, or be split apart – for example when an adult child – with their mother's written consent – takes out a policy on their mother. This article lays out the exact terms and the logic of filling in the form in simple language.

Insurers design these products specifically for older applicants: the upper age limit for taking out cover is typically much higher than for other life insurance products, and some products on the market accept applicants into their early eighties. The exact age limits vary by insurer – I show this clearly in the comparison.

Typically not: most funeral expense insurance products can be taken out without a medical examination. Some insurers require no health declaration at all, others ask for a short, simplified declaration – with the latter, the benefit may be limited if death occurs early and is linked to a condition disclosed on the form.

It's the initial period after taking out the policy – typically six months – during which, if death results from illness, the insurer pays a limited benefit, typically a refund of premiums paid. Cover for accidental death is typically full from day one. This is how the product works by design, not fine print: in exchange, there's no health underwriting.

This varies by insurer: some products pay a graded benefit that rises in steps during the first year or two after the waiting period, while others already pay the full sum for death from illness from the second year onward. This is one of the most important lines in the comparison – we go through it precisely before you take out a policy.

Typically yes, precisely because most products involve no health underwriting – the insurer is protected instead by the waiting period, and with some products by a time-limited restriction on the pre-existing condition. The details vary by product; we go through honestly what each option means for your situation.

Yes, it's a common arrangement: typically the adult child is the policyholder and pays the premium, while the parent is the insured person – with the parent's written consent, which is a condition of the contract's validity and is also required for naming a beneficiary. Talking it through together, calmly, isn't just a legal requirement: it's what turns the arrangement into a shared decision. More detail: taking out a policy on a parent, with care.

The policy typically doesn't take effect at the moment you sign, but from a fixed effective date – typically tied to when the policy is issued or when the first premium is received, and the exact rule varies by insurer. This date is also the starting point for the waiting period. The exact date is stated on the policy document; if anything is unclear, we clarify it before you take out cover. Details: when cover takes effect.

We won't responsibly put a premium figure here: the premium depends on your age at entry, the sum insured you choose, and the product, and it varies from quote to quote. What's worth knowing is that the premium rises with age at entry, so the same cover is more affordable the earlier it's taken out. A clear picture comes from comparing several insurers' quotes – I put that together free of charge.

Typically not for life: with most products premium payment ends once you reach a set age; with others it runs for a fixed premium payment term chosen in advance – after that, cover continues for life without further payment. The exact rule varies by insurer and is an important point of comparison.

The premium set at entry doesn't track your age with most products – but indexation rules vary between products: with some the premium stays unchanged throughout, with others it rises automatically each year, and with others an annual increase is offered and can be accepted or declined. We clarify this before you take out a policy.

Under the Hungarian Civil Code (Ptk.) Section 6:449, the insurer sets a 30-day grace period in its written demand for payment, and the policy conditions may also allow a longer grace period; for lasting difficulty, most products let you request paid-up reduction (cover continues at a lower sum insured), though in the early stage the policy can lapse without any payout. A lapsed policy can typically be reinstated for a period afterwards. If difficulty arises, let me know in good time – there are more options than you might think.

Funeral insurance products provide cover for life; whether non-forfeiture options (surrender, paid-up reduction) exist – and to what extent – varies by product. In a pure term structure that builds up no reserve, neither option is available, so once premium payments stop, the policy simply lapses. There are also products where a partial surrender value applies after a few years. This is one of the honest factors in choosing a product – it is worth talking it through before you take out a policy.

Indexation: each year the sum insured – and typically the premium – increases, so cover keeps pace with prices. The mechanisms vary: some are automatic, others are offered annually and can be declined. If you decline the increase for several years running, the sum insured may fall behind actual costs – it's worth checking this when the renewal notice arrives.

With many products, yes: increasing or decreasing the sum insured can typically be requested, though for an increase the insurer may require a new health declaration or even a new waiting period on the increased portion. The exact options and conditions vary by insurer and by product. If your situation changes – say, you need a higher sum – it's worth raising this if you let me know before the renewal date: the article on amending a policy.

A quiet, practical order: first the necessary official steps and the funeral service provider, then notifying the insurer through its own hotline or online channel. My clients' families receive a simple checklist in advance for this. The detailed guide: the first steps.

Typically the beneficiary – the relative named in the policy – but another family member can also start the process. Filing through the insurer's own channel is typically fastest: the case is registered directly, and the insurer provides an exact list of the documents needed.

Typically the death certificate, the policy number or contract details, and the beneficiary's identification documents. For accidental death, further documents may also be required. The insurer provides the exact list when the claim is filed – our document-checklist article helps the family prepare in advance.

Insurers typically fast-track claims like this: once all the required documents have been received, payout typically follows within a period ranging from a few business days to a few weeks – the exact commitment varies by insurer. No one can responsibly make a categorical promise here; I show this factor in the comparison as well.

In practice, funeral costs typically arise before any payout arrives – which is why it's important to file the claim as early as possible and gather the documents quickly. The fixed sum then belongs to the beneficiary; if the process were to stall, I help as broker, where I can.

The insurer acts strictly according to the policy: the payout belongs to the named beneficiary; if no beneficiary is named, the benefit typically passes to the heirs as part of the estate. Agreement within the family is a separate matter beyond that – in a disputed situation, the applicable rules, and where necessary a legal professional, are the authority to follow.

No: with most products the payout is a fixed, predetermined sum, and the beneficiary decides freely how to use it – the insurer isn't concerned with which ceremony is chosen. The decision therefore stays entirely with the family, guided by religious or personal considerations. Details: cremation or casket burial.

Some products include a separate, higher benefit for accidental death on top of the base payout – but this isn't a feature of every product. The definition of an accident, and what's excluded, is set out precisely in the policy terms in force, and this can vary by insurer. I highlight this factor separately in the comparison, so it's clear what the family can expect: the accidental-death element.

This kind of benefit exists, but it is not part of every funeral insurance product, and its rules differ from insurer to insurer – in your own policy conditions, look for the clause on the “accelerated benefit” (előrehozott szolgáltatás) or “terminal illness” (végstádiumú betegség). Where it exists, the insured person – not the beneficiary – can ask the insurer to pay out a specified part of the death benefit during their lifetime, if they suffer from an incurable, terminal illness as defined in the conditions and confirmed by medical documentation. According to the product information of one Hungarian product, for example, 95% of the sum insured can be requested in advance from the twenty-fifth month after the start of cover – that is, after the waiting period and the period of reduced benefit – and the contract ends with the payment, so the beneficiary no longer receives a separate sum on death. The request requires copies of the medical records relating to the illness, and under the conditions the insurer may also ask for a medical opinion; the sum paid out in this way belongs to the insured person, who can typically dispose of it freely. It is worth thinking the decision through together with the family: the amount paid in advance can help with the costs of care and of dignified final months, but after that no insurance cover remains for the cost of the farewell. If you do not know whether your contract includes this option, let me know – I can help you check it on the basis of the policy and the policy conditions.

Hungarian funeral insurance conditions typically set a short deadline for reporting a death – one Hungarian set of conditions, for example, lays down a 30-day deadline for making a claim – but missing the deadline does not in itself mean losing the payment. Under the notification rule of the Hungarian Civil Code (Ptk.), a delay prevents the insurer's obligation to pay from arising only if, as a result, a circumstance material to that obligation can no longer be established; the conditions adopt this, and under the conditions quoted, the claim can still be made after the 30 days, at the latest until the five-year limitation period expires. In other words, if the contract only comes to light months or years after the death, the claim can typically be enforced on the basis of the death certificate and the documents certifying the cause of death, provided that the circumstances of the death can still be clarified – this may be questionable for a death within the waiting period or a death from unnatural causes, with practice differing between insurers. The real limit is the limitation period: under the general rule of the Civil Code, a claim arising from insurance becomes time-barred after five years, and the conditions also typically set five years from the date of death – under the Ptk., however, the limitation period can be changed by written agreement, so it is worth checking the limitation clause in your own conditions – and once the limitation period has expired, the insurer may lawfully refuse payment. So if an old policy, a premium receipt or a letter from an insurer turns up while you are sorting out the papers, do not wait: report the claim on the insurer's claims line even if you do not yet have all the documents, because the missing ones can be submitted later. If you are not sure which insurer held the contract, a separate article in the knowledge base explains how to find out.

Yes, typically each of them pays: under the life insurance rules of the Hungarian Civil Code (Ptk.), life and funeral insurance is sum insurance, which means the insurer pays the amount set in its own contract, regardless of how many other contracts the deceased had and how much the funeral cost – the “multiple insurance” limit known from property insurance does not apply here, so the amounts of small contracts taken out at the post office, at a bank or through an agent are added together. The practical trap is not cumulation but reporting: insurers do not know about each other and do not pass cases on to one another, so each contract must be reported separately, through the given insurer's own claims line, with a separate claim form and a separate set of documents (death certificate, the document certifying the cause of death, proof of the beneficiary's identity, the policy or the contract number) – families often report only the most familiar contract, and the rest stay in the drawer. Several contracts with the same insurer are typically handled under a single claim notification, but even then it is worth listing the other contract numbers, and group cover (via a bank or the post office) must be reported with the group contract's identifier. So request several copies of the death certificate and keep the document certifying the cause of death, because each insurer asks for its own; missing the reporting deadline does not in itself mean the claim is lost, but once the limitation period has expired – under the general rule of the Hungarian Civil Code this is five years, and Hungarian policy conditions typically set it, counted from the date of death, but they may stipulate a different, even shorter, limitation period in writing, so check the limitation clause in your own policy conditions – the insurer may lawfully refuse to pay. If you are not sure how many contracts there were, a separate article in the knowledge base describes how you can find out – and if you get in touch with the policies you have tracked down, I will help where I can.

When a beneficiary has been named, the benefit is typically not part of the estate: it's paid directly to the beneficiary, independently of the probate process. If no beneficiary is named, the payout typically becomes part of the estate. For the legal details, the rules in force govern – which is exactly why naming a beneficiary matters so much.

Under current rules, an insurer's death benefit typically receives favourable tax treatment – but for the precise, up-to-date rules, the applicable legislation, and where necessary a tax professional, are the reliable source. We can't responsibly promise more than general information here.

Because access isn't automatic in those difficult days: control over the deceased's account can become restricted, and the inheritance only becomes available once probate concludes. A funeral expense insurance payout is a separate, independent route – that's the subject of the bank account article.

A means-tested municipal funeral support scheme exists, and its conditions vary by local authority and by the rules in force – but it's limited, needs-based support, not cover you can plan around. The two aren't mutually exclusive; the predictable part is what the insurance provides.

Funeral expense insurance still works in that case – the claim can be filed remotely, and the payout goes to the beneficiary. It's worth arranging in advance who has access to the documents and who can act in person locally. More detail: family living abroad.

They're two different things: a pre-arranged funeral locks in a specific service, while insurance is a cash benefit that leaves the family free to choose. There are also products on the market that sit in between, offering a funeral-organising service. It depends on your situation – there's a dedicated article comparing the two.

Yes, the beneficiary can typically be changed freely during the term of the policy, with a written declaration addressed to the insurer (if you are not the insured person, with their written consent) – this doesn't require a new policy. It's worth reviewing this at any change in your family situation: marriage, divorce, the birth of a grandchild. This article shows the exact process for making the change.

It isn't a legal requirement, but in practice it helps enormously: if at least one relative knows the policy exists and which insurer it's with, filing the claim can start faster during a difficult time. Sharing the details – the sum, the policy number – isn't required; it's enough for someone to know where to find the documents. Many people find this conversation difficult; this article helps you bring it up gently.

Typically, anyone the policyholder designates in a written statement sent to the insurer can be a beneficiary – under the life insurance rules of the Hungarian Civil Code (Ptk.), the beneficiary is the person named in the contract or, failing that, the insured person's heir – and if the policyholder is not the insured person, the designation and any change to it require the insured person's written consent. Several beneficiaries can be designated, typically in percentage shares on the policy; if the shares are not specified, Hungarian policy conditions typically apply equal shares – it is worth checking this in your own policy conditions. If the beneficiary dies before the insured person, under the law their designation lapses: in that case – if no one else is designated – the insured person's heir becomes the beneficiary, who can prove their status with a final order transferring the estate or a certificate of inheritance; in other words, the money arrives months later, after the probate proceedings have been concluded – not as part of the estate, but to the heir as beneficiary. Where there are several beneficiaries, whether the share of one who died earlier is divided among the others or goes to the insured person's heirs differs from insurer to insurer. The situation is different if the beneficiary dies after the insured person's death but before the payout: in that case the sum already belongs to the beneficiary's own heirs – one Hungarian insurer's information sheet expressly provides for this. The practical lesson: if there are several beneficiaries, specify the shares, and if a beneficiary dies, change the designation – this determines whether the money reaches the family within weeks or only after months.

The child's death is not an insured event under a policy taken out on the parent – the insured person is the parent – so there is no payout, but the contract remains in force, and someone has to pay the premium. Under the insurance rules of the Hungarian Civil Code (Ptk.), if the contract was not concluded by the insured person, the insured person may enter into the contract as policyholder by written statement – the insurer's consent is not required for this – which means the parent can take over the policyholder's rights and the premium payments; in addition, Hungarian policy conditions typically also allow another person, for example another child, to become the new policyholder with the insured person's consent. Until someone steps in, the policyholder's rights typically belong to the deceased policyholder's heirs, which, because of the probate proceedings, can mean months of unsettled status, so it is worth notifying the insurer as soon as possible and starting the change of policyholder. If premium payments lapse in the meantime, the insurer sends a written reminder and, under the Ptk., grants a 30-day grace period; if that also passes without payment, the consequence depends on the policy conditions – according to the information document of one Hungarian funeral insurance product, for example, if the premiums for the first five years have not yet been paid, the contract terminates without any payout, while after that it may become a paid-up policy with a reduced sum insured. The beneficiary needs particular attention: if the child, as policyholder, designated themselves as beneficiary, the designation lapses on their death, and without a new designation the money goes to the parent's heirs when the parent dies – not as part of the estate, but only after the probate proceedings have been concluded and their status as heirs has been proven. Preventing this is simple: discuss when taking out the policy who would take over the premium payments, and if you let me know, I help where I can with the paperwork for the change of policyholder and the new designation – the signatures and the consent remain the parent's and the new policyholder's.

Apart from local-authority support and a public funeral (köztemetés), a funeral grant may also be paid by an employer (of the deceased or of the relative), a trade union, certain professional chambers, churches and foundations – but none of them is an automatic entitlement: at an employer, internal regulations or a collective agreement decide whether such a grant exists at all, how much it is, by what deadline and with what supporting documents it can be requested (typically a funeral invoice in the applicant's name and the death certificate are required), and at a trade union, membership and the union's own grant regulations decide. Taxation: a funeral grant paid to the deceased's spouse or lineal relative (parent, grandparent, child, grandchild) is tax-exempt under point 1.3 of Schedule 1 to the Personal Income Tax Act (Szja tv.), which is why employers typically restrict payment to this group of relatives; a grant given to another relative (for example a cohabiting partner or a sibling) may be taxable income, and for trade union support the Schedule's rule on trade union benefits, which sets an amount limit, must also be checked – the details are governed by the text in force at the time. None of these is suitable as cover you can plan with: the job, the membership, the regulations and the payer's financial situation can change at any time, and the amounts typically cover only part of the cost of the funeral. Funeral insurance, by contrast, pays the beneficiary the fixed amount set in the contract, regardless of whether the family receives a grant from elsewhere – the two do not exclude each other: the grant is a supplement, not the foundation. If you apply for a grant, ask the payer for the conditions and the deadline in writing, because most regulations require the application to be submitted within a short time of the death, together with the original invoice.

Without a nomination, a cohabiting partner typically receives nothing: under the life insurance rules of the Hungarian Civil Code (Ptk.), the beneficiary is the person nominated by the policyholder in a written statement delivered to the insurer, and failing that, the insured person's heir – but a cohabiting partner (with the exception of a registered partner) does not feature in the order of intestate succession, so they can receive the money only through a will or a beneficiary nomination. A nomination is also the shorter route: the insurer pays a named beneficiary independently of the probate proceedings, whereas an heir under a will is typically paid only after presenting the final order transferring the estate or a certificate of inheritance. With a former spouse, the situation is the reverse: divorce does not in itself cancel the beneficiary nomination in an insurance contract – the insurance chapter of the Hungarian Civil Code contains no such automatic rule, and the insurer typically pays according to the last written nomination it holds on record – so if the former spouse's name is still on the policy, the payment is due to them, and the family cannot have this changed by the insurer after the fact. The solution is the same in both cases: until the insured event occurs, the policyholder can change the nomination by a written statement delivered to the insurer (if the policyholder is not the insured person, with the insured person's written consent), and the change takes effect only once it has reached the insurer – a piece of paper left in a drawer or an intention expressed orally does not count; some products also have an irrevocable nomination, the rules of which are set out in the policy conditions. After a divorce, a new relationship or a marriage, it is therefore worth getting out the policy and checking whose name is on it; if you let me know, I will help where I can.

If a beneficiary has been nominated in the contract, under the life insurance rules of the Hungarian Civil Code (Ptk.) the payment is due directly to them and is not part of the estate – the insurer therefore does not deduct the deceased's debts (loans, debts owed to the state, unpaid bills) from it; the policy conditions typically allow only the contract's own premium that is due and unpaid to be deducted from the benefit, and the deceased's creditors cannot make claims against this amount either, only against the estate. If the beneficiary is also an heir, as an heir they are indeed liable for the debts of the estate, but under the law typically only with the assets of the estate or up to their value – the money received from the insurer nonetheless remains theirs; where no beneficiary has been nominated, the law makes the insured person's heir the beneficiary, who receives the money not as part of the estate but as a beneficiary – however, they can typically prove their status as heir only at the end of the probate proceedings, with a final order transferring the estate or a certificate of inheritance, so in such cases the payment may be delayed by months. With the beneficiary's own debts, the situation is the reverse: the insurer pays out the amount due to them, but whatever then arrives in their account is already their property, and under the Judicial Enforcement Act (Vht.) the bailiff may enforce against the debtor's account balance – above the relatively small exempt portion set by law – and against any claim the debtor holds against a third party, even against the insurer, which means the money intended for the funeral may be lost in ongoing enforcement proceedings. So if enforcement proceedings are under way against the intended beneficiary, or they have serious debts, it is worth nominating a relative who will actually arrange the funeral and whose finances are in order, or naming several beneficiaries – the nomination can be changed later in writing. The exact legal position is determined by the documents of the specific case: on enforcement questions, the competent person is a legal professional; if you let me know, I will help where I can.

Cover of this kind – offered at bank branches, at post offices or through pensioners' organisations, often under the name “funeral assistance” – can be of two types: an individual contract, of which you are the policyholder, the bank or the post office only acts as an intermediary, and you also receive a policy for it; or group insurance, where the policyholder is the bank, the post office or the organisation, and you join as an insured person with a signed (or telephone-recorded) enrolment declaration, so there is usually no individual policy – it is replaced by the written confirmation of your enrolment and the attached policy conditions, and the premium is typically debited from your bank account. Which of the two you have is shown by the policy or the enrolment declaration; what follows applies to the group version. This leads to the most important difference from an individual contract: group cover is tied to the group contract – for a product linked to a bank account, to the account relationship; for an organisation's product, to membership – so under the policy conditions it typically terminates automatically if the account is closed, if you switch banks or if the premium cannot be debited over a prolonged period (the conditions of one Hungarian group insurance linked to a bank account, for example, tie termination to the day the account agreement ends, with no grace period), and it may happen that an insured person who has left cannot rejoin at all – this varies by product, so check the cases of termination in your own policy conditions. After a death, the claims route is also different: the beneficiary or the relative typically reports the claim directly to the insurer – not at the bank branch – with the group contract's identifier, the insured person's account number or customer number, the death certificate and the document certifying the cause of death, while the bank or the post office can confirm the fact of enrolment and the identifiers. A beneficiary can be nominated on the enrolment declaration for these products as well, but if this was not done, the law makes the insured person's heir the beneficiary, who can typically prove their status as heir only at the end of the probate proceedings, with an order transferring the estate or a certificate of inheritance; and the sum insured, the waiting period and the maximum entry age of group cover may also differ from those of an individual funeral insurance contract. When reviewing your cover, therefore, ask the bank or the post office for three things: the current policy conditions, the confirmation of your enrolment (sum insured, waiting period, cases of termination) and the name of the beneficiary on record – once you have these, the cover can be compared with an individual contract in the same way, and if you let me know, I will prepare the comparison.

Nothing happens to your contract: a change of name does not mean a new company, but the same legal entity under a new name – Aegon Magyarország Általános Biztosító, for example, has continued to operate as Alfa Vienna Insurance Group Biztosító Zrt. (Alfa Biztosító) since August 2023, and the funeral insurance contracts concluded with it, the policy, the sum insured, the premium, the waiting period already served and the beneficiary nomination all remain valid without change. If it is not only the name that changes, but the insurer merges into another insurer or transfers its portfolio of contracts to another insurer, then under the Insurance Act (Bit.) – on the basis of the rules on mergers in the case of a merger, and of the rules on portfolio transfers in the case of a portfolio transfer – this can only take place with the authorisation of the Magyar Nemzeti Bank (MNB, Hungary's central bank and financial supervisor); the portfolio may be transferred only with the terms of the insurance contracts left unchanged, and the legal successor or the receiving insurer takes over the rights and obligations arising from the contracts – so even then the contract does not end, it does not have to be taken out again, the waiting period does not start again, and the insurer informs policyholders of the takeover in writing. So there is little you need to do: make a note of the new name and contact details and keep the insurer's letter about it with your policy – do not throw away the old policy document, the policy number typically stays the same – because if a death is reported later, your family will need to look for the new name. For premium payments, the insurer's notice is what counts: in the case of a change of name, the bank account numbers typically do not change (according to Alfa's 2023 notice, nothing needed to be done for direct debit or postal payment slips (csekk); for individual bank transfers it only recommended updating the payee name, and transfers sent to the correct account number went through even without this), but a portfolio transfer may bring a new account number – if you receive such a letter, it is worth double-checking the new account number with the insurer's official customer service before you switch your transfers, because fraudsters may also try to exploit the period of a name change. You still have to report changes in your own details (address, name, bank account, beneficiary) to the insurer operating under its new name – this is covered in the article “Change of details: what should you report, and when?” – and if you cannot find your insurer's name anywhere, you can check the new name on the MNB website, in the list of licensed insurers.

As an independent insurance broker, I act on the client's instructions: I compare several insurers' funeral expense insurance products in a clear table, with strengths and weaknesses. I charge no fee for the advice – the broker's remuneration is paid by the insurer. The decision is always the client's.

The number of insurers offering a product specifically for funeral expenses is a manageable size – the comparison includes the offers that are actually relevant, filtered to your age and needs. We don't name specific insurers on this website; naturally, they do appear by name in the comparison table itself.

No – that's clear from the tone of this website too. My role is to inform: I assess the need, show the options, and point out the honest limitations as well. If your situation doesn't call for a new policy, I'll say so plainly. There's no pressure and no deadlines with me.

No: on request, or if it's warranted, I carry out a review – checking the sum insured, the beneficiary, and your details. If something changes (a move, a change in the family), I help with the amendment, and for a claim I step in if the case stalls or becomes disputed. A routine claim is fastest filed directly through the insurer's own line.

Whatever suits you: phone, video call, or email – most matters can be handled through to completion without a face-to-face meeting. With older clients, a family member often joins the conversation too; I consider that genuinely good practice. You can book a time in my calendar.

In the register of the Hungarian National Bank (MNB): every registered broker can be looked up in the institution search by name or registration number. My registration number is 114063010758 – I carry out this activity as a partner of Eurorisk Biztosítási Alkusz Kft.

Yes: reviewing an existing policy is just as much a part of the service as taking out a new one – we look at what it covers, how much cover there is, and whether there's a more current, better-fitting alternative on the market. I don't push switching automatically: if your existing policy is a good fit, I'll say so honestly. The reviewing an existing policy article shows how this process works.