Provision for occupational disability Financially secured in the event of an emergency
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?
Typical case
Max has had a rheumatic disease in his hands for many years. He works in production and is often absent because he can no longer move his hands due to pain. After many attempts at therapy and a long period of illness, he becomes completely unable to work. In addition to the physical pain, he now also suffers financial losses. He does not have private occupational disability insurance. But: he has livelihood insurance from ELATEC. This means that Max receives 20% of his last salary in addition to any statutory disability pension.
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.
How does it work?
- In the event of an insurance claim, ELATEC will report this to our insurance broker, who will contact you within 48 hours:
Allianz General Agency
Wolfgang Rist
Waldmünchener Str. 12, 81549 Munich
Phone:089 500 30 20
w.rist@allianz.de, www.vertretung.allianz.de/zellner-rist.ohg - Mr. Rist will go through the documents with you and check them for entitlement to benefits. He will therefore be at your side in a possible jungle of insurance documents.
- If the insurance company confirms your full or partial occupational disability, you will receive a letter of recognition and payment will be arranged.
