Tradition Meets Innovation: Parenthood Reimagined

Victoria BrunsPwC Germany    Women take significantly more parental leave than men. There are many reasons for this – from cultural expectations to career concerns – but one key factor is financial. That’s where the Future Parenthood Insurance comes in.  This innovative product is designed to reflect the diversity of modern families and careers. It stands out through its high flexibility and a wide range of options: from tailored benefit levels and payout periods to reinvestment features and extended coverage beyond public systems.  It directly addresses the financial gap that often prevents the higher-earning partner – typically the father – from taking more time off. By doing so, it supports a more balanced approach to caregiving.  In short: it empowers families to share responsibilities more fairly – not by pressure, but by enabling real choice through financial security.  This is how actuaries can drive social impact: by combining tradition, diversity, and innovation in one powerful.