Loss of earning

The loss of earnings insurance covers the employer’s obligation to continue to pay a salary in case of illness and maternity.

Benefits

A loss of earnings insurance covers the period until you can resume work or until invalidity insurance takes effect. It has the following advantages for your Company:

  • Risk: you reduce the risk of unforeseeable costs due to compulsory salary payments. 
  • Protection: you protect your employees from financial emergencies because there will be no income gap even in the case of illness.¨
  • Premium: calculable premiums.
  • Flexibility: the start date of the collective daily allowance insurance can be postponed in return for a reduction in premium.
  • The law: as an employer and a company you meet the employment law provisions.

Would you like to find out more about the collective daily allowance insurance?

Contact our customer advisers who will be happy to help.

Insured benefits

50% to 100% of insured salary

Duration of benefits

720 days

Flexible waiting periods

3, 7, 14, 30, 60, 90, 120, 150, 180, 240, 270, or 360 days

Maternity pay

Female employees receive benefits in addition to the statutory maternity insurance in accordance with the EOG (Income Compensation law) Insured benefit 80% to 100% of insured salary. Benefit period: 16 weeks.

 

Legally binding information

General conditions of insurance for the collective daily allowance insurance in accordance with the Health Insurance Act (PDF)