The PREVIDIR Individual and Group Accidents Program may insure different categories of employees such as Executives, Middle Managers, White Collars, Blue Collars, for accidents which result in bodily injury or permanant disability following accident that may occur :

  • at the workplace
  • during travel
  • work commitments other than the main professional activity of the insured, to include also lesiure time (24 hour coverage)

The main purpose of this insurance is to pays compensation to the insured:

  1. following accidents which result in permanment or temporary  disability, and may include in some cases, occupational illness;
  2. death caused by accident.

All of these benefits are offered through Previdir by leading insurance companies who offer collective terms and conditions. These products are constantly monitored with respect to general market conditions and relative modifications offered in the markets are always reflected in the constant updating of the policy wordings and insurance terms and conditions , to also include the legislative framework aspects of the collective bargaining requirements, where applicable.

Each company which enrolls in these programs receives a special insurance certificate which indicates:

  • categories of insureds/names of insureds;
  • amounts insured by category of employees or by named insured;
  • type of coverage: occupational risk, extra professional risk of both ( 24 hour coverage );
  • period of insurance;
  • gross annual premium cost for the insured program;

This certificate shall also indicate the relative tax and fiscal declaration details for the employer, whereby the Fund shall also indicate the  percentage of  premiums allocated to the occupational risk and extra  professional.

  • Beneficiaries

In this section, we shall address the individual categories of employment:

As indicated in the CCNL National Labor contract for Industrial  companies (paragraphs 2 and 5 of article  12 ) coverage regards accidents which result in bodily injury resulting in death or permanent disability.

This labor agreement  indicates that the amounts insured per person must be at least:

  • 5x gross annual salary for death;
  • 6x gross annual salary for permanent disability;

and leaves the choice of increasing these limits where requested , up to the employer.

Strengths:

  • Compensation is exempt from deductibles
  • Hospitalization  / medical costs following personal accident  EURO 10.000,00
  • Max age limit  80
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Insurance  for these categories of employees extends coverage : to the workplace, during travel, home occupations, and leisure times( 24 hour coverage ).

The terms and conditions of this program include reimbursements for accidents which result in :

  • death caused by accident;
  • permanent disability following accident;
  • hospitalization / medical costs EURO 10.000,00

Strengths:

No permanent disability deductible is applied for cases where the disability exceeds 3 %

  • 100 % disability benefits for cases  where the disability exceeds 60 %
  • Higher amounts insured are available for limits of EURO 2,500,000
  • Reimbursement of hospitalization / medical costs EURO 10,000
  • Max age limit  80
Learn more

Insurance  for these categories of employees extends coverage: to the workplace, during travel, home occupations, and leisure times (24 hour coverage).

The terms and conditions of this program include reimbursements for accidents which result in:

  • death caused by accident;
  • permanent disability following accident;
  • hospitalization / medical costs EURO 10,000

Strengths:

  • no permanent disability deductible is applied for cases where the disability exceeds 3 %
  • 100 % disability benefits for cases  where the disability exceeds 60 %
  • Higher amounts insured are available for limits of EURO 2,500,000
  • Reimbursement of hospitalization / medical costs EURO 10,000
  • Age limit 80 years
Learn more

and the following professionals:

Previdir complies to the requests made by their insureds to include also these categories of individuals, offering coverage on a 24 hour basis.

Strengths:

  • Compensation is exempt from deductibles
  • Hospitalization / medical expenses EURO 10,000
  • Max age limit  80
Learn more
  • Benefits of the Program

This innovative insurance model adopted by PREVIDIR allows their insureds to take advantage of the following benefits:

  • exoneration from infirmity and physical defects
  • max age limit: 80
  • aesthetic damages
  • war risk
  • terrorism
  • occupational disease (if mandatory as petr the CCNL National Labor Contract requirements)
  • repatriation
  • tropical disease
  • reimbursement of hospitalization / medical costs and rehabilitation costs
  • double compensation for concussion
  • left handedness
  • special permanment disability chart as per DPR 30 June 1965, n. 1124, subesquently modified in 24 July 2000.
  • special extensions of coverage for Executives
  • reduced contribution costs for the employer; a solidarity contribution of 10 % is applied to 20 -30 % of the premium which applies to the total  premium for the extra professional risk coverage
Death due to accident and occupational illness (if mandatory as per the CCNL National Labor Contract) 2.500.000,00
Permanent disability due to accident and occupational illness I.C.S. 2.500.000,00
Hospitalization daily indemnity 200,00
Daily indemnity for physical immobility 100,00 (to be definied)
Maximum amounts payable for group travel 15.000.000,00

In all cases, the Policy Holder may choose the amounts insured of the benefits they intend to offer, as well as the choice of coverage to be insured herein. In many cases, the employer or policy holder offers a mix of mandatory benefits along with selected additional options, based on adoptinmg these benefits under a collective bargaining negotiation with employees.

When reviewing the benefits outside the context of contractual obligations, the employer or policy holder may choose any of the options that Previdir may offer for all categories and all benefits; even limiting coverage to certain exposures; for example – only extra professional risks, where requested.

An accident, by definition, is a violent, fortuitous act, which causes internal or external bodily injury resulting in death or permanent/temporary  disability.

Indications of some accidents included under this program are:

  • sun/heat stroke
  • electrocution
  • asphyxia
  • ingestion/absorption of substances
  • infections
  • animal/insect bites
  • drowning
  • muscle stress/heart attack
  • hernia (traumatic abdominal)
    • (if the hernia, even bilateral, is not operable, as per a physician’s prognosis,max disability 10 %; if the hernia is operable only daily compensation shall be paid,up to a max of 30 days – any disputes shall be referred to tjhe College of Physicians)
  • earthquake, flood, tidal waves, vulcanic eruptions, landslides, avalanches
Also included in this insurance are:
  • gross negligence: accidents resulting from inexperience, imprudence and serious negligence of the Insured (in partial derogation of art. 1900 of the ITALIAN  Civil Code);
  • military service – injuries occurring during military service to include peacetime activities and during military training exercises, with the exclusion of injuries caused by the acivities of typical military service;
  • sports practice – injuries resulting from non-professional sports, with the exceptionof aerial sports in general and parashuting / skydiving.

The following exclusions shall apply:

  • state of war;
  • use of motor vehicles by non authorized drivers, without license;
  • use of pharmaceutical drugs, hallucinogens;
  • use of alcohol while driving land, water or air vehicles;
  • use of motored vehicles during racing and competitions;
  • participation in malicious crimes;
  • use of underwater vehicles, aircraft locomotion;
  • nuclear transmutation;
How to join the Fund
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