For the above categories of insureds, the PREVIDIR program offers both the insured and the policy holder valuable benefits.
These categories of insureds can access these products at the same costs and conditions as per the insureds of the policy holders. Coverage can be offered for an amount insured up to EURO 300,000 for both Death and Total Permanent Disability insurance without any medical documemtation.
In addition to these additional extensions of insured categories, PREVIDIR has also included an option for KEY MAN insurance Key Man.
The most important valuable assets of any employer are their human resources, whereby sometimes someone stands out , individually or collectively, regarding the roles and responmsabilities they occupy for their employer. These employees , and the job responsabilities they occupy at their job, are considered “KEY MAN“, and insurance for these individuals are entitled KEY MAN insurance. Given this most important role of these individuals, PREVIDIR has identified a specific insurance product for these Individuals, offering an option for an amount insured up to € 3.000.000.
In addition, for those individuals previously insured for an amount insured up to € 1.500.000 and are not older than 55 years of age, there is no underwriting required.
Such a program provides the following options:
- for amounts insured up to € 300.000 no medical records required
- for amounts insured exceeding € 300.000 up to € 350.000, a medical anamnestic questionnaire is required
- for amounts insured exceeding € 350.000 and up to € 750.000 the following medical documentation is required: HbA1c, CRP, uric acid, cholesterol, triglycerides, AST, ALT, gamma – GT, creatine, complete blood tests, HIV, Cotinine (non smoking test)
- for amounts insured in excess of € 750.000 up to € 3.000.000 in addition to the above this additional Medical information is required : hepatisis, (HBeAG and Anti Hcv), ECG (for insureds over 50 years of age) Financial questionnaire.
- independent options for coverage: Life coverage (stand alone), Total Permanent Disability, or both coverages
- amounts insured up to € 300.000 with no medical documentation
- option to increase amounts insured up to € 3.000.000