myPension review

Updated September 28, 2026 · AssureCue Editorial Team · Facts checked September 26, 2026

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Our verdict

myPension is a German broker arranging life insurance for retirement, aimed at adults who want cover set up for later life and funded monthly. Premiums on its monthly contract start at €25, so it suits savers who can set aside the same amount each month rather than a lump sum.

Key facts

Best for
Germans who want retirement cover on a monthly footing with phone support.
Premium from
€25 (Source, checked September 26, 2026)
Insurance types
Life (Source, checked September 26, 2026)
Provider type
Broker (Source, checked September 26, 2026)
Monthly payments
Yes (Source, checked September 26, 2026)
Legal entity
myPension Altersvorsorge GmbH (Source, checked September 26, 2026)
Headquarters
Germany (Source, checked September 26, 2026)
Founded
2016 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Monthly
Official website
mypension.de

Apps and profiles

Elsewhere
LinkedIn

Pros and cons

Pros

  • Monthly payments are available, so cover can be funded from earnings rather than a single lump sum.
  • Support runs on email, phone and help centre, covering both written and spoken help.
  • Life insurance is the only line in life, which keeps the choice easy to read.
  • Registered as an insurance intermediary with the IHK Frankfurt am Main, so the advice side sits under a named supervisor.

Cons

  • Cover is limited to life insurance, as life shows, so health or income protection has to come from elsewhere.
  • The starting premium of €25 sits above the life insurance median of €7.95, so the entry cost is mid field rather than low.
  • As a broker it advises and places cover rather than underwriting it, so the policy wording belongs to the insurer behind the contract.

Ready to try myPension?

Scored 8.7 / 10 by AssureCue.

See alternatives

Who it suits

  • Adults in Germany who want life insurance arranged for retirement and can pay the same sum every month.
  • People who would rather take advice from an intermediary, since myPension is a broker and not the risk carrier.
  • Anyone who wants to reach a person by phone, email or the help centre, as email, phone and help centre shows.

Who should look elsewhere

  • Good Sam Insurance Agency, which covers life insurance within the wider set in auto, home and renters.
  • bonus.ch, whose starting premium is CHF 0, if €25 is above what you want to commit.
  • Oney Préstamos ES, whose starting premium is €1,000, if you are weighing a different product type rather than retirement cover.

How myPension compares

Where myPension is available

Available
Germany
Licence in Germany
IHK Frankfurt am Main (Versicherungsvermittlerregister, authorisation under § 34d Abs. 1 GewO) (D-C5H3-1FR97-31), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does myPension actually sell?+

Life insurance, and it is the only line on offer, with life showing a single product type. The company positions the cover as retirement provision rather than general protection, and the contract runs on a monthly footing. Anyone hoping to add health, home or income cover in the same place will not find it here.

What will it cost?+

The published entry point is €25 on the monthly contract, which puts myPension above the life insurance median of €7.95 for this category. That makes it a mid field entry price rather than a low one. The exact monthly amount depends on the cover chosen.

Can I pay monthly rather than a lump sum?+

Monthly payments are available, so the contract can be funded month by month from earnings rather than in a single payment. The model on offer is a monthly one, monthly, and monthly payments are confirmed in the brand's own answers. That suits savers with a steady income and a long horizon.

Is myPension regulated, and who supervises it?+

It is an insurance intermediary registered with the IHK Frankfurt am Main, the body that keeps the German register of insurance brokers, and the registration is held in the name of myPension Altersvorsorge GmbH. Since myPension arranges rather than carries the risk, the insurer behind the policy sets the wording and the guarantees.

Where is myPension based, and who runs it?+

The company is myPension Altersvorsorge GmbH, founded in 2016 and based in Germany. It works as a retirement broker rather than a general insurer, so its job is comparing and placing life cover for later life. Anyone living outside Germany should confirm eligibility with the company before applying.

How do I get help?+

Support runs on email, phone and help centre, so questions can go out by email, reach someone by phone or be answered from the help centre. All three sit with the same company, myPension Altersvorsorge GmbH, so there is a single place to follow up. Phone suits anything urgent, while the help centre suits reading before you call.

Where does myPension rank on price?+

Ranked on lowest premium, myPension places 183 among 252 brands, so the entry figure of €25 does not sit at the front of the ranking. The life insurance median for this category is €7.95, which the premium also sits above.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

myPension

Germans who want retirement cover on a monthly footing with phone support.

8.7/10See alternatives

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