Group life and accident insurance for SMEs in Tenerife

Compensation is guaranteed as a result of the death of the insured. This warranty can be optionally extended by hiring one of the following extensions:

• Death caused by an accident: guarantees the receipt of additional capital if the death is by accident. The amount of this capital amounts to double that contemplated in the insurance contract.
• Death due to traffic accident: guarantees the receipt of additional capital in the event that the death of the insured occurs due to a traffic accident. The amount of this capital amounts to three times the capital stipulated in the insurance.

• Accident death is considered when it happens directly after the accident or its aftermath in the twelve months after the event. Traffic accident is considered to be the one caused to the insured pedestrian by a vehicle, as well as in case the insured is a driver or occupant of the vehicle or passenger on public transport.

Complementary guarantee that protects your company's staff in the event of absolute permanent disability and they are no longer able to re-enter the labor market. This coverage can be expanded optionally with the following modalities:

• Absolute permanent disability due to accident: guarantees the receipt of additional capital, quantified in double that contemplated in the insurance, in the event that the disability occurs as a consequence of an accident.
• Absolute permanent disability due to traffic accident: guarantees the receipt of additional capital, quantified in three times that contemplated in the insurance contract, in the event that the disability occurs due to a road accident.
• Traffic accident is considered:
  • The one caused by a vehicle to the insured being a pedestrian
  • The one suffered by the insured being a driver or occupant of the vehicle
  • The one suffered by the insured being a passenger of public transport

This optional coverage guarantees you the payment of the capital stipulated in the policy, in the event that an insured is affected by a total and permanent incapacity to carry out his habitual profession, before 65 years of age.

Modality intended for any type of company, even those that have a single worker, whose objective is to support the pension commitments acquired in the event of death and disability. This insurance offers you the following advantages:

• Possibility of choosing the compensation capital, as established in the collective agreement, in the internal agreements of the company or any other commitment
• Automatic update of capital due to changes in the agreement
• Single registration of all your employees to simplify management
• Premiums are deductible in Corporation Tax

This life insurance is indicated for any group, be it a company, an association, a professional association or any similar organization.

It can be hired by the company itself, taking charge of the corresponding premiums, or the workers themselves interested in the coverage. This modality can be used as life insurance linked to mortgage loans, unlike covenant insurance.

Compensation is guaranteed as a result of the death of the insured. This warranty can be optionally extended by hiring one of the following extensions:

• Death caused by an accident: guarantees the receipt of additional capital if the death is by accident. The amount of this capital amounts to double that contemplated in the insurance contract.
• Death due to traffic accident: guarantees the receipt of additional capital in the event that the death of the insured occurs due to a traffic accident. The amount of this capital amounts to three times the capital stipulated in the insurance.

• Accident death is considered when it happens directly after the accident or its aftermath in the twelve months after the event. Traffic accident is considered to be the one caused to the insured pedestrian by a vehicle, as well as in case the insured is a driver or occupant of the vehicle or passenger on public transport.

Complementary guarantee that protects your company's staff in the event of absolute permanent disability and they are no longer able to re-enter the labor market. This coverage can be expanded optionally with the following modalities:

• Absolute permanent disability due to accident: guarantees the receipt of additional capital, quantified in double that contemplated in the insurance, in the event that the disability occurs as a consequence of an accident.
• Absolute permanent disability due to traffic accident: guarantees the receipt of additional capital, quantified in three times that contemplated in the insurance contract, in the event that the disability occurs due to a road accident.
• Traffic accident is considered:
  • The one caused by a vehicle to the insured being a pedestrian
  • The one suffered by the insured being a driver or occupant of the vehicle
  • The one suffered by the insured being a passenger of public transport

This optional coverage guarantees you the payment of the capital stipulated in the policy, in the event that an insured is affected by a total and permanent incapacity to carry out his habitual profession, before 65 years of age.

This optional coverage guarantees you the payment of the capital stipulated in the policy, in the event that an insured is affected by a total and permanent incapacity to carry out his habitual profession, before 65 years of age.

This optional coverage guarantees you the payment of the capital stipulated in the policy, in the event that an insured is affected by a total and permanent incapacity to carry out his habitual profession, before 65 years of age.

In the event of the death of a worker insured by accident, we guarantee compensation to its beneficiaries in accordance with the provisions of your company's agreement, whether it occurs directly or results from its consequences.

This guarantee offers the perception of compensation according to the level of severity of the consequences derived from an accident suffered by the insured worker and included in the invalidity scale.

Guaranteed compensation in the event that the insured suffers a total disability that prevents him from carrying out his usual work, although he may be engaged in different activities.

This guarantee ensures compensation in the event that the insured suffers a disability that prevents him from rejoining the world of work and renders him incapable of exercising any type of activity.

It guarantees compensation in the event that the insured is affected by permanent disability and that, due to anatomical or functional losses, requires the assistance of another person for the essential acts of life such as dressing, moving, eating and the like.

This coverage guarantees the corresponding compensation by law to the beneficiaries in the event of the death by accident of any of the passengers of the insured transport. This compensation will correspond both if the death occurs directly or during the following 18 months as a consequence of its consequences.

It is compensation as a consequence of the permanent disability of the insured due to an accident. The amount of the same will respond to what is stipulated in the compensation scale of the Mandatory Travel Insurance Regulation (SOVI), depending on the consequences suffered.

This guarantee offers travelers the healthcare they may need in the event of an accident, according to the limits established by law. These limits go up to 72 hours after the moment of the accident when the injuries do not require hospitalization or specialized treatment, up to 10 days if the insured has some other compulsory insurance and up to 90 days in the rest of the cases.

This Insurance is aimed at companies of any size, even from a single worker, and to all kinds of groups, associations, professional unions and groups of people in general, that have a common interest.

One of the main advantages of taking out group insurance is that the premium is usually proportionally cheaper than taking out the insurance individually. On the other hand, it is common to establish a general maturity age for the members of the group, regardless of the age of each of the members of the group when contracting the policy.

The hiring of a collective Accident Insurance allows you to offer an extra benefit to your workers, rewarding their dedication and offering protection to them and their families in case of having an accident.

With this Insurance, in addition, it is not necessary that you respond with the assets of your company to manage these expenses.

Finally, another advantage of this Insurance is the consideration of the premiums paid as a deductible expense for your company and as in-kind work performance for your workers.