Group personal accident and sickness insurance
The insurance is designed for all company workers and employees, including the management
It is taken out on a voluntary basis. Armeec Insurance JSC issues group insurance policies (according to an attached list of the insured persons) to cover events in relation to the life, health and working capacity of the insured. Upon occurrence of an insured event the company will be liable within the risks covered to pay the insured or the beneficiary under the policy the agreed sum insured and/or the compensation.
- Basic risks, covered under the policy are, as follows:
- Death resulting from an employment accident;
- Permanent disability resulting from an employment accident.
- The following additional risks can be included in the policy, if desired by the client:
- Death resulting from a home accident;
- Permanent disability resulting from a home accident;
- Temporary disability resulting from an employment accident;
- Temporary disability resulting from a home accident;
- Medical expenses arising from an accident;
- Repatriation as a result of an accident;
- Salvage expenses;
- Permanent disability resulting from an occupational disease;
- Temporary disability resulting from a general disease;
- Medical expenses arising from an acute disease;
- Repatriation as a result of an acute disease.
- The cost of insurance
depends on the insured risks, the sum insured and the risk class to which the profession of the insured person belongs.
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