Insurance - Unfallrente and Unfallversicherung

The insurance lady has contacted me with some upgrades to my policy that I have had since I first came to Germany that work set up for me and I havent really thought about it since.

Basically I seem to be paying 20 euros per month for accident insurance which is ok, but I also seem to be paying another 45 per month for Unfallrente, which seems like some funny combination between accident insurance and a retirement savings plan. The lady told me that with my current plan I wouldnt actually get any money from it when I turned 60 but if I pay an extra 30 per month, for a total of 75, then I can get 22,000 (which is way less than if I put 75 euros in a interest earning bank account every month until I turn 60) when I turn 60 (assuming, presumably, that I dont have an accident).

Now I dont know anything about insurance, but it all sounds a bit dodge. Would I be better off dumping this Unfallrente thing, and just getting a proper retirement savings plan? Are insurance companies usually good options to go for for retirement savings plan or do I go to my bank for that?

Apart from that I have my compulsory halftpflicht insurance, and the halfpflicht for my car too. What other sorts of things might I want to bring up or think about while dealing with the insurance lady.

Thanks.

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Don't know about that Unfall insurance. It might work as a collateral for a bank loan, but otherwise, I'm not so convinced. I'm sure someone with more experience in this will be able to say more.

The other insurance you might want to think about it your basic house contents insurance. If all of it gets burnt up in a fire, even if you don't have a lot of stuff, it will cost a fair amount to replace it.

Unfallversicherung is a one-time payment if you have an accident. Unfallrente is a continuous (usually monthly) payment if you are disabled as a result of an accident. Unfallversicherung usually has a fixed premium, monthly or yearly, as the risks are identical whatever your age. Unfallrente is MUCH more expensive if you are young, as although the risks of an accident are similar the period they must pay on a claim can be much longer ('till you die!). Valuable insurance to have, especially if you have a family or other dependants, but others should not be forgotten (house insurance, legal insurance as a foreigner and life insurance...)