Death, Disability, and Unemployment Insurance

The DEATH - DISABILITY / UNEMPLOYMENT insurance is an insurance contract that guarantees the payment of compensation to a beneficiary insured when the latter dies, loses their job, or is in a situation of total and permanent disability. This is subject to the payment of a premium.

ADVANTAGES

A contract with a dual guarantee for death disability and unemployment

Flexibility for the client with multiple options

Speed in the subscription and compensation process

FEATURES

Duration and effective date

The "death - disability / unemployment" insurance contract has an annual duration, renewable by tacit renewal, except in the event of termination by one of the parties. It takes effect upon payment of the premium by the policyholder.

Membership condition

Any individual, private or public sector employee on a fixed-term or permanent contract, aged 18 or over and up to a maximum of 64 years at the time of subscription

Documents to be provided: Copy of the identity document, the latest pay slip, a work certificate

The guarantees

Death: the contract covers the natural or accidental death of the insured beneficiary.

Total and permanent disability: The Insured is considered to be affected by Total and Permanent Disability if, before the age of 65, as a result of an illness or accident, they are permanently incapable of engaging in any occupation or work that provides them with gain or profit, and are also permanently in need of the assistance of a third party for ordinary acts of daily living.

Unemployment: Under this guarantee, the Insurer pays the Insured benefits when the latter, before the end of the contract, loses their job due to dismissal by their employer, either for economic reasons or for personal reasons of the employer.

Exclusions

Death: Excluded from the death coverage are suicide or attempted suicide by the insured, the murder of the insured by the beneficiary, risks of foreign war, and aerial risks incurred on board an aircraft not equipped with regulatory authorizations, or whose pilot does not have the appropriate license; during a flight carried out for a purpose other than the transport of passengers or freight, during a parachute jump (except in cases of force majeure) or during the practice of parasailing.

Total and permanent disability: Excluded are disability due to the intentional act of the insured, intoxication, use of non-medically prescribed drugs, narcotics, or toxic substances; the consequences of accidents or pathologies caused by the disintegration of the atomic nucleus or by ionizing radiation; the practice of parachuting, hang gliding, ULM (Ultra Light Motorized), mountaineering, sports practiced on a "professional" basis; flights as a pilot, crew member, or passenger aboard aircraft that are not administratively in order.

Unemployment: Excluded from unemployment coverage are dismissal for gross misconduct, dismissal following a natural disaster, dismissal during a trial period or early retirement, resignation, and short-time work. Moreover, traders, craftsmen, or liberal professions are excluded from the unemployment guarantee.

Waiting period

Death and disability: Any death occurring within 3 months from the effective date of the contract. Except in the case of accidental death or total and permanent disability for which the guarantee is immediate.

Unemployment: Any unemployment occurring within 6 months from the date of subscription does not entitle the guarantee, even if the unemployment period continues after the end of this period.

Premiums and compensations

Death and disability: The indemnity in case of death/TPD is a capital whose amount, depending on the chosen option, is paid in one lump sum.

Unemployment: The guarantee in case of unemployment is paid in the form of a monthly annuity, the duration and amount of which depend on the option chosen by the insured. The ceiling is defined according to the following options:

Option	Death or disability	Unemployment
Option 1	6 Months of net salary paid in a lump sum to the beneficiary	Ceiling of 03 months of net salary paid in 03 installments with coverage of: 50%; 70%; 80%; 90%.
Option 2	12 Months of net salary paid in a lump sum to the beneficiary	Ceiling of 06 months of net salary paid in 06 installments with coverage of: 50%; 70%; 80%; 90%.
Option 3	12 Months of net salary paid in a lump sum to the beneficiary	Ceiling of 12 months of net salary paid in 12 installments with coverage of: 50%; 70%; 80%; 90%.