Which is the most reliable and competent German blocked account? The required minimum blocked amount…

Which is the most reliable and competent German blocked account?

The required minimum blocked amount for an officially approved blocked account is usually more than €10,000, so you want to be sure that your money is in good hands. Expatrio cooperates with the escrow services and payment provider MANGOPAY. MANGOPAY is an online payment technology designed for marketplaces, crowdfunding platforms and sharing economy businesses. MANGOPAY provides the trustee services and payment technology underlying Expatrio’s blocked account. Expatrio’s blocked account is tailored to each customer and it enables individual accounts for each customer, including an individual IBAN. With the MANGOPAY technology, funds can be held securely for as long as needed. MANGOPAY holds an E-Money Issuer license, which enables expatrio to accept payments, hold the funds in escrow and pay out with ease, speed and efficiency. The German Federal Foreign Office confirms that Expatrio fulfills all requirements for visa application. So the money in your blocked account and the legally secure management are in good hands with Expatrio and its partner MANGOPAY, and you can be sure that your blocked account will meet the visa requirements.

What is some information you should know as a volunteer?

Information for volunteers – The PROTRIP-WORLD insurance for volunteers adapts to your travel plans. You have the choice between different travel regions and you can also flexibly choose the scope of insurance: PROTRIP-WORLD always includes a strong international health insurance. We especially recommend volunteers to supplement their insurance cover with the Comfort or Plus Package to be able to travel and work without worries. The two packages differ in the scope of the liability insurance. The Plus Package includes a higher basic insurance sum and covers, for example, the risk of losing your keys and damages arising from an act of favor (e.g. at a garden party of another volunteer, you are asked to carry chairs from the flat into the garden, breaking the glass pane in the process).

Will the German Student Insurance cover the expenses of a booked flight which you’re not able to cancel?

No, travel expenses are not covered by the health insurance. We recommend: Contact your airline to clarify whether a goodwill arrangement (rebooking or cancellation) is possible.

What is the best health insurance for an intern, doctoral student and language students?

The private health insurance EDUCARE24 provides comprehensive cover for language students, intern and doctoral students. EDUCARE24 can be taken out in various insurance combinations (S, M, L, XL), so it is tailored to your individual needs. We recommend EDUCARE24 M, our comprehensive cover. EDUCARE24 M consists of travel health insurance, accident insurance, private liability insurance and deportation costs insurance. EDUCARE24 L additionally includes a wider range of dental treatments. EDUCARE24 XL is the right solution for persons who also want to make use of benefits within the framework of public programs up to a value of €500 per year of insurance. EDUCARE24 S is limited to health insurance.

What are some of the questions that you should clarify before you decide on an insurance?

Here are some questions that you should clarify before taking out an insurance:

• Does the insurance meet the requirements of the destination country?

You can get information on this e.g. from the responsible embassy or consulate.

• Are the benefits of the health insurance sufficient?

A good health insurance should offer you protection in case of illness and accident and cover medically reasonable return transport. Furthermore, the costs for individual treatments should not be limited and illnesses should not be generally excluded from the insurance cover.

• Is there protection in case of interruption of your work, for example for a holiday?
• Does the insurance also cover sports accidents?

Why is there a safety buffer of 100 euros?

The safety buffer will be used to pay transfer charges in case we need to refund money. If there are no extra costs, the money will be refunded to you when you close your blocked account.

In what way will your invoices be refunded?

If you submit your “Ärzte-Info-Ticket” (medical info card) to the physician or to the hospital prior to the treatment, we can settle the bill directly with the doctor or hospital. If your doctor does not want to settle the bill directly with DR-WALTER, you will receive an invoice after the treatment. For details, go to: How are your invoices refunded?

Will quarantine costs be covered by the foreign health insurance?

Quarantine costs are not covered by the foreign health insurance. Quarantine is often prescribed as a precautionary measure. This is not a medically necessary treatment. If you fall ill with the coronavirus during quarantine, the treatment is of course insured.