Provision for occupational disability Financially protected in case of need
What is it about?
It is a worst case scenario, and yet it can affect any of us: occupational disability. Very few people are adequately insured against it, and state benefits are simply not enough. Private insurance, on the other hand, is very expensive and often excludes pre-existing conditions. We offer better protection for such exceptional situations. Without a medical exam and without excluding pre-existing conditions. In this way, you can partially cover the income gap caused by the statutory pension in the event of total or partial occupational disability. Sounds good, doesn't it?
What do I get out of it?
- You are better covered financially should a total or partial occupational disability occur. If someone takes on another job because of the occupational disability where he or she earns less, there is the security as well—so you can relax a little, at least as far as the financial side is concerned.
- Incapacity for work exists if you are expected to be more than 50 percent incapacitated for 6 months.
- Employees do not have a personal contribution, nor is it necessary to disclose any pre-existing conditions.
- Employees receive insurance cover if they have not yet exceeded the maximum entry age of 60, have been employed by the ELATEC Group for at least 6 months without interruption and live and work in Germany. Unfortunately, temporary work or employment alongside studies is not covered.
- If the case occurs, then the insurer pays 20% of the insured income. Potential benefits from statutory pension insurance or similar are not counted towards the payment.
- Payment of the benefit comes as a monthly pension.
- If you unfortunately leave ELATEC, you can continue your occupational disability insurance privately with very good conditions and without a health check.
