Permanent Total Disability
How will you pay bills or expenses if you become ill or injured in an accident and unable to work because you have become permanently and totally disabled?
EuroLife’s Permanent Total Disability benefit allows you to rest assured in case the unexpected happens and you cannot practice your profession, or another profession or occupation that is relevant to your education, training or experience. The sum insured is paid in twelve quarterly installments starting after six months of waiting.
Who is it for?
Individuals aged 18 to 55 or 60 depending on the age on which the coverage ends.
How long does it last?
- The duration of coverage is selected by the client
- It remains in force until the age 60 or 65, or until the Basic Plan expiration date, whichever occurs first
Premium payment waiver
How will you continue to have coverage in case an accident or illness makes you fully unable to work?
EuroLife’s Premium Payment Waiver gives you the solution. You stop paying premiums after a six-month waiting period (if the first six months have already been paid, the premiums will be refunded to the policyholder). Premiums thereafter will be paid by EuroLife as long as the inability to work continues and the Basic insurance policy remains in force.
Who is it for?
Individuals aged 18 - 60
How long does it last?
- Mandatory expiration until the Basic Plan expiration date.
- Coverage lasts until the age of 65 or until the Basic Plan expiration date, whichever occurs first.
Death by accident
Accidents happen in our lives even when our jobs are not risky.
EuroLife’s Accidental Death Benefit offers insurance protection against the risk of death, and only if it is the result of an accident. The insured amount is paid in addition to that of the Basic Plan.
Who is it for?
Individuals aged 18 - 65
How long does it last?
- Until the age of 70 years or until the Basic Plan expiration date, whichever occurs first.
Daily hospitalization allowance
Can I receive additional coverage if I am admitted to a hospital or private clinic following an accident or illness?
EuroLife’s Daily Hospitalization Allowance benefit allows you to be admitted to a hospital or private clinic following an accident or illness and be paid a daily hospitalization allowance. This benefit is paid to you after the first three days of hospitalization and regardless of the actual expenditure incurred. If you are hospitalized abroad or are in an Intensive Care Unit, you will be paid an allowance that is increased by 100%. You will also be paid a lump sum recovery allowance that is equal to half the hospitalization allowance that was paid to you while you were hospitalized.
Who is it for?
Individuals aged 18 - 60
How long does it last?
- Minimum duration: 5 years
- Mandatory expiration at the age of 65 or until the Basic Plan expiration date, whichever occurs first
Permanent loss due to an accident
How can I protect myself and my family if my injury is irreparable?
EuroLife’s Permanent Loss due to an Accident benefit is offered in case an insured person suffers amputation or loss of use of a limb or organ following an accident. The loss must be permanent, total and irreversible.
Who is it for?
Individuals aged 18 - 65
How long does it last?
- Until the age of 70 years or until the Basic Plan expiration date, whichever occurs first.
Critical illnesses
Life is unpredictable. A serious disease can occur without warning. It can upset and affect both your quality of life and that of your family.
EuroLife’s Critical Illnesses benefit can compensate the insured and allow them to receive the best possible care if any of the following eleven serious illnesses occurs: cancer, blindness, myocardial infarction, stroke, coronary artery surgery, kidney failure, paralysis, multiple sclerosis, coma, heart valve replacement, major organ transplantation.
Who is it for?
Individuals aged 16 - 60
How long does it last?
Minimum duration: 5 years
Maximum duration: 45 years
Compulsory end: Until the age of 70 years or until the Basic Plan expiration date, whichever occurs first.
Income Protection
How can I achieve my financial goals and protect my income?
The Income Protection benefit protects your income and is paid out when the insured becomes completely unable to work, even on a temporary basis. EuroLife pays the insured a fixed monthly amount, thus making up for the loss of income, after one, three or six months, depending on the customer’s choice. There are two options regarding how long the benefit is paid:
- for 2 years
- until the age of 65
Who is it for?
Individuals aged 21-60
How long does it last?
- Mandatory expiration on the Basic Plan expiration date or the maximum Coverage Expiration Age, whichever occurs first.
Death and Permanent Total Disability due to an Accident
EuroLife’s Death and Permanent Total Disability by Accident Benefit offers protection against the risk of death and permanent total disability only following an accident.
In case of accidental death, the sum insured is paid in addition to that of the Basic Plan. In case of Permanent Total Disability due to an accident, the sum insured is payable in twelve quarterly installments. Payments start after six months of waiting.
Who is it for?
Individuals aged 18 - 60
How long does it last?
- Until the age of 70 years or until the Basic Plan expiration date, whichever occurs first.
