AEGON Group Insurance

Advantages for employers

• The package of AEGON’s group life, accident and health insurance product is an excellent solution that you, as an employer, can offer as a valuable, extra benefit for your employees at a favorable price.
• The premium of group insurance for the employees can be accounted for as a cost for the company. Typically, the relatives of the employees are the beneficiaries. The premium of the group term insurance and accident insurance, as well as the premium of the waiver of disability option are not listed under the payment engagement of the tax and social security system contribution.
• The flexible construction offered by AEGON permits that the workers in various positions are rewarded by different insurance benefits. Thus, you, as the employer, have the possibility to provide unique benefits for the management and the experts at the company, granting each of their skills and abilities uniquely.
• When making the policy, the employer may choose a variation of the three basic insurance types: term, accidental and health insurance. These types can be combined; hence, you can compile the most suitable insurance package for your employees at your company.

Advantages for employees

• The group insurance plan shows your how your company responsibly cares for the employees. By offering incentives, you give your best employees every reason to remain loyal to your company, apart from monetary benefits and salary.
• The appropriate group insurance package is an efficient protection for the employees against all risks, since it provides fast help for the insured, in case of an accident or for the inheritors of the insured in case of death.
• The premium of the term and accidental insurance and the benefit paid out due to an insurance claim are tax free and contribution free.
• The insurance of employee benefits, due to the characteristics of group insurance, have a more preferable premium than individual insurance. With the same sum assured, the group insurance protection is on a lower premium and less risk. Moreover, the premium of the group insurance is a cost for the employer, and not for the employee. The group term insurance, complemented with an official enclosure, is perfect for additional coverage of a mortgage.

Safety

The AEGON Group Insurance product can be complied from almost 30 components. The well-managed insurance package can be a serious help in protection against both special, unique risks and the most frequent risks in everyday life. The components of accidental and health insurance can be easily combined to help you in the decision making process to reach the most suitable, tailor-made insurance package for your company.

Types of Insurance Coverage

Term insurance:

• The death of the insured under any circumstance

Accident insurance:

• Accidental death
• Death caused by traffic accident
• Everlasting disability with total or partial, linear or progressive benefit
• Everlasting disability caused by a traffic accident with total or partial, linear or progressive benefit
• Hospital indemnity with daily or single benefit
• Accidental surgical benefit with small, middle and seeded/serious surgery
• Accidental disability with daily or single benefit
• Fracture, strain
• Burn injury

Accident insurance for the workplace:

• Accidental death
• Death caused by traffic accident
• Everlasting disability with total or partial, linear or progressive benefit
• Everlasting disability caused by a traffic accident with total or partial, linear or progressive
• Hospital indemnity with daily or single benefit
• Accidental surgical benefit with simple, mild and serious surgery
• Accidental disability with daily or single benefit
• Fracture, strain
• Burn injury

Health insurance:

• Total disability (I-II disability category of HCS)
• Totally or partial disability (I-II-III disability category of HCS)
• Any kind of hospital indemnity with daily or single benefits
• Any kind of accidental surgical benefit
• Any kind of disability with daily or single benefit
• Insurance for critical illness
• Insurance for childbirth

Benefits paid out by the Insurer:

• The sum assured paid out by the insurer is a tax-free and contribution-free benefit in all cases.

New! Child rider

If you opt for the child rider module, the insurer pays the multiplied amount of the benefit, if the insured has child(ren). This module can be added to all kinds of group term insurance.

The General Life Insurance Conditions of the Insurer contains all of the exclusions of the group insurance. All benefits are paid out according to the rules of the conditions for each specific group insurance.

>

Should you have any questions or concerns, please, contact us at the following addresses:
 

AEGON Magyarország Általános Biztosító Zrt. Csoportos Biztosítások Üzletág

Address: 1091 Budapest, Üllői út 1.

Phone number: (06 1) 476-5618, (06 1) 476-5614

E-mail: csoportos-biztositasok@aegon.hu