Insure hearing aids?
You probably have health insurance, life insurance and maybe smartphone insurance. But do you have your hearing aids insured? For many things, we don't think about whether we actually need that insurance. Every valuable item is covered. You need your valuable hearing aid to hear, so it makes sense to protect it as well. With many hearing aid manufacturers, you have a limited warranty on the new device. But you should invest in additional insurance to give your hearing aids extra protection.
Why should I insure my hearing aid?
Your device's warranty covers you in the event of manufacturing defects. But what about if you've lost your hearing aid? Or you dropped your hearing aid in the water. Then the warranty expires and you are stuck with the costs. A hearing aid insurance takes over also then a part of the repairs or the new purchase..
In addition, in Europe you benefit from an extended warranty of up to four years when you take out hearing aid insurance. So you see: insurance for your hearing aids makes sense.
How to insure your hearing aid.
Often, hearing aid manufacturers also offer insurance themselves. However, you should check to see if this is just an extended warranty. Your hearing aid insurance should cover theft, loss and water damage.
The best case scenario is that you have the flexibility to choose the term of your policy. This should last as long as you typically use a hearing aid. As a rule, one assumes a function of six years.
How much the insurance costs depends on the deductible. A good hearing aid insurance also includes the earmold and the in-ear shell. You can get affordable insurance from Wertgarantie for as little as five euros.
Inform possibly also in advance with your household insurance. Some insurers include in the valuables insurance not only jewelry, but also hearing aids. In this case, it may make sense to take this out.
The scope of the insurance should correspond to your circumstances. If you have pets that like to bury their hearing aids or are very active in sports, you should opt for a comprehensive hearing aid coverage.
Insure your hearing aids with AXA.
Another option for insuring your hearing aid is offered by Axa. Hearing aid insurance from Axa includes up to 80% reimbursement. Costs for repairs are fully reimbursed by Axa. In addition, Axa is the only insurance provider that also provides you with financial support for check-ups or audio checks.
The hearing aid insurance is also a private health insurance. This allows you to remain flexible. The disadvantage is that you only have 500€ every five years. Axa also covers costs for vision aids and eye treatments. From two years of insurance, you have a deductible of 10 percent with Axa..
Insuring your hearing aids with ESCO.
ESCO is a major insurance company in the U.S. and has been providing insurance for hearing aids for 25 years. All makes and models are insured. Lost or stolen hearing aids are replaced. Damage and general breakdown of hearing aids are covered. For replacement parts, an attempt is made to install an original or similar part. You benefit from low prices.
Get hearing aids insured with Midwest Hearing.
Midwest Hearing is an insurance company that has been around for 50 years and was one of the first to offer hearing aid insurance. All makes and models are insured. Lost devices will be replaced. Your damaged device will be repaired. You have no deductible on repairs when insured through Midwest Hearing..
Insure hearing aids with supplemental health insurance from Allianz.
Allianz offers hearing aid insurance in cooperation with various hearing aid manufacturers. The insurance then covers the cost of repairs. The bill must be submitted to the insurance company after the fact.
Insuring your hearing aids with Wertgarantie.
Wertgarantie offers insurance for your hearing aids starting at 50€ per year. You can pay annually or one time. With this insurance, you have no deductible for repairs. In case of loss or theft, you will be reimbursed for the current value and you will receive an allowance for the new supply.
The insurance can be purchased directly online and provides immediate protection. In addition, you can have your hearing aid insured with Wertgarantie regardless of the year of purchase. The insurance term is unlimited.
Insuring your hearing aid through Ergo.
Insurance with Ergo has theft protection included. In case of repairs, you have a flat deductible of 30€. If you lose your device, you'll be reimbursed for 40 percent of the device, based on the replacement value at the time of purchase.
You can also take out the insurance up to 2 years after purchase. The insurance term is then reduced by the corresponding time. The insurance can be taken out with a maximum term of six years.
The insurance period is reduced by the corresponding time.
Insuring hearing aids in Switzerland
In Switzerland, HZ offers affordable insurance for your hearing aids. Your hearing aid is then insured against damage, theft and loss. The coverage applies worldwide with a low deductible. You can have all hearing aids insured, regardless of manufacturer. The term can be agreed between one and three years. Concluded the insurance in a branch or by mail or telephone..
Midwest and Esco offer different policies depending on how you want your hearing aid covered. The enhanced coverage will assist you with a financial bonus if you need a new fitting. Certain insurance companies partner with hearing aid manufacturers. For example, the manufacturer audibene or KIND. Also hearing care professionals often offer "service packages." It should be noted here that this is not really insurance. Minor repairs or new batteries are covered. However, this is more of an extended warranty.
Can hearing aid insurance and other hearing aid-related items be tax deductible?
Yes, you can deduct hearing aid insurance for tax purposes. The hearing loss itself with its examinations, cab rides or car trips and the purchase of a hearing aid namely falls under "extraordinary expenses" for tax purposes. However, you should make traceable records, for example, why you were traveling by cab or had to take a certain examination..
As a rule, the tax office will then reimburse you for part of it. However, the amount of the costs is decisive for a tax deduction. So the tax office can assume a reasonable burden of 6% of income with an annual income of 24000. With a hearing aid around 2500€ are thus only 1060 euros tax-reducing..
It is in any case the best solution to take out insurance. Since you have your device every day in use, it can happen quickly that something breaks or you lose it. With insurance, you are armed against this and do not have to fret in the event of an incident.