Credit Life

What Credit Life does

Credit Life AG is a German specialist insurer headquartered in Neuss that designs and distributes B2B payment-protection and credit-life insurance products under a 'Sicherheitsmanufaktur' (security-manufactory) model. Founded in 1979 and now operating as part of the RheinLand Versicherungsgruppe, with Credit Life International N.V. (Venlo, Netherlands) as a wholly-owned international arm and a 50/50 joint venture with Talanx's Bancassurance Group (Credit Life International Services GmbH), the group serves banks, leasing and automotive finance companies, real-estate intermediaries, payment services, building societies, digital mobility providers, and other insurance carriers across roughly ten European countries.

Its core product set covers residual-credit insurance (Restkreditversicherung), lease-payment protection, real-estate financing protection, GAP and leasing return-protection, rental default cover, commercial credit protection, term life (Risikolebensversicherung), and purchase-price protection, augmented by modules such as Ansparschutz, card and balance protection, and company-level occupational-disability insurance. The underlying platform centers on embedded-insurance infrastructure — a Partner Portal for intermediaries, technical integration services, and configurable product/rate engines — together with digital claims processing (most recently via the Proventem BU-Leistungsprüfung service) and an EUROPACE/Hyport marketplace integration.

Commercially, Credit Life operates a pure channel-partner GTM: it designs products tailored to each partner's customer base, then earns recurring insurance premiums as those products are distributed through the partner's sales channels; pricing is bespoke per partnership and not publicly disclosed. Revenue mechanics therefore scale with partner loan/lease origination volume rather than direct consumer acquisition, with notable partner relationships including BMW Bank, Bank11, Dr. Klein, DKB, Santander Consumer Bank, EUROPACE/Hypoport, and Albis Capital.

Name

Credit Life

Legal name

Credit Life AG

Website

https://creditlife.net

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

51–100 employees

Short description

Credit Life is a German specialist insurer, part of RheinLand Versicherungsgruppe, that designs and distributes embedded payment-protection and credit-life insurance products through B2B channel partners including banks, automotive financiers, real-estate intermediaries, and digital mobility providers across Europe.

Ownership category

akta.pro rank

Product category

Payment Protection Insurance

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Life Insurance (6311)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industry

Billing, Payments & Premium Finance Platforms (FSAGAGAI)

Keywords

• Payment protection insurance
• Credit life insurance
• Embedded insurance solutions
• B2B insurance specialist
• Leasing protection insurance

Headquarters

HQ city

Neuss

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Premiums: Credit Life earns revenue through insurance premiums paid by customers of partner companies. The company provides protection against payment defaults for loans and other recurring payment obligations.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Credit Life operates as a B2B insurance specialist (Sicherheitsmanufaktur) providing tailored payment obligation protection solutions for partner companies including banks, insurance companies, financial intermediaries, automotive finance providers, and digital mobility providers. The company offers embedded insurance products covering credit life, residual debt, leasing payments, rental default, GAP, and mobility risks, with full-service support from product development and technical integration through sales support and claims processing.

Product overview

Credit Life operates as a B2B insurance specialist (Sicherheitsmanufaktur) providing customized payment obligation protection solutions. The company offers a comprehensive portfolio including core products like Restkreditversicherung, Leasingratenversicherung, Absicherung von Immobilienfinanzierungen, Mietausfallversicherung, and Mobilitätsschutz. These are complemented by specialized add-on modules such as GAP insurance (Leasing GAP & Finance GAP), Leasing-Rückgabeschutz, Risikolebensversicherung, and Kaufpreisversicherung. Recent additions include Embedded Insurance integration services, the Bank11-EvoLife income protection product, and digital BU-Leistungsprüfung services. Credit Life provides full-service support including product development, legal counsel, technical integration, sales support, and claims processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Restkreditversicherung (Credit Life Insurance) Credit life insurance protecting borrowers against death, disability, or unemployment, ensuring loan repayment. Designed for banks and lending partners to offer embedded protection.

Quantifiable outcome

• 17.8% increase in gross premium income from €318.2 million (2010) to €374.8 million (2011)
• +2 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• BMW BankcoreStrategic or Co-development Partner · 8 July 2026BMW Bank and Credit Life AG jointly introduced a new insurance product providing leasing return protection. The product covers 50% of determined shortfall values due to excessive wear, up to €3,000, without affecting the no-claims bonus. Monthly premiums range from €17 to €45 depending on contract duration.
• Talanx / Bancassurance GruppecoreStrategic or Co-development Partner50/50 joint venture Credit Life International Services GmbH formed between Bancassurance Gruppe des Talanx-Konzerns and RheinLand Versicherungsgruppe. Combines Talanx's international network with Credit Life's credit protection expertise for European market expansion.
• EUROPACE / Hypoport AGcoreChannel Partner/ Reseller/ DistributorLong-term partnership to offer credit protection insurance through EUROPACE B2B financial marketplace. Integration into real estate financing and installment credit products. Coverage for death, disability, and unemployment risks.
• Bank11coreStrategic or Co-development PartnerBank11 and Credit Life launched Bank11-EvoLife, a new income protection product providing security in case of occupational disability, unemployment, and death.
• Dr. Klein Ratenkredit GmbHcoreChannel Partner/ Reseller/ DistributorPartnership for bank-independent financing with innovative insurance protection. Official sales launch in July 2024 combined Dr. Klein's credit expertise with Credit Life's protection solutions.
• eclaracoreStrategic or Co-development PartnerPartnership for sustainable employee leasing with protection. Credit Life assumes risks for early return of electric vehicles, protection against termination, illness, death, and parental leave.
• Intec AGminorChannel Partner/ Reseller/ DistributorIntec AG and Credit Life presented a new return protection product for leasing, announced July 2024.
• Assistance Services GmbHcoreStrategic or Co-development PartnerPartnership for occupational disability insurance (betriebliche Arbeitsunfähigkeitsversicherung) launched in 2016. Provides income gap coverage starting from day 43 of illness with support services.
• Albis CapitalminorChannel Partner/ Reseller/ DistributorAlbis Capital offers Credit Life's Leasing Protection including residual debt insurance, gap coverage, and replacement vehicle/driver services for car dealers establishing their own leasing companies.
• Santander Consumer BankcoreChannel Partner/ Reseller/ DistributorSantander Safe purchase price insurance (Kaufpreisversicherung) won tender for 'Back To Invoice' coverage in vehicle financing. Credit Life (via RheinLand) provides the insurance product.
• RheinLand VersicherungsgruppecoreOthersCredit Life AG is a company of the RheinLand Versicherungsgruppe. The group provides the insurance infrastructure and shared services. RheinLand Versicherungs AG acts as the property insurance carrier while Credit Life AG handles life insurance.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Swiss Life: European life insurance specialist with bancassurance and credit protection offerings in Germany and other Continental European markets; comparable to Credit Life's life insurance carrier role and partner distribution model.
• Generali: Major European insurance group with creditor insurance, life, and payment protection products distributed through banking and broker channels; a broad incumbent competitor in Credit Life's core DACH and Southern European markets.
• Zurich Insurance Group: Global insurer with significant European life and credit protection operations; competes with Credit Life for embedded insurance partnerships with large banks and automotive finance players.
• HDI / Talanx Group: Talanx is Credit Life's JV partner through the Bancassurance division and a large German insurance group with broad payment protection and credit insurance capabilities; an important comparator for pricing and product breadth at scale.
• Allianz Partners: The assistance and specialty insurance arm of Allianz, offering payment protection, credit life, and embedded insurance products at significantly larger scale; competes with Credit Life for major bank and automotive partner mandates.

Direct peers

• Baloise Group: Swiss-headquartered European insurer with established payment protection and credit life capabilities across Germany, Belgium, and other European markets; comparable in product mix and partnership-led bancassurance distribution.
• CNP Assurances: Major French life and personal protection insurer with a deep European footprint in creditor insurance and embedded protection products distributed through banking partners, sharing Credit Life's reliance on bancassurance and partner-led distribution.
• R+V Versicherung: German cooperative insurance group offering credit life, payment protection, and embedded insurance products through bank and intermediary channels — a direct German competitor with overlapping product sets and partner distribution.
• BNP Paribas Cardif: The insurance arm of BNP Paribas and one of Europe's largest credit protection and payment protection insurance specialists, directly comparable to Credit Life in product focus (credit life, PPI, embedded bancassurance) and B2B partner distribution model.
• BarmeniaGothaer: German insurance group formed from the merger of Barmenia and Gothaer, offering creditor insurance and embedded protection products in the DACH region; competes with Credit Life for mid-market bank and intermediary partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/348541

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Credit Life