Group PA Insurance
Insurance subject
Group of private individuals, having at least one characteristic in common, such as working place, professional or other organization, participation in one and the same event. The insurance shall be concluded on the basis of attached name list or on the basis of the average man power.
Insurance cover
The full insurance cover shall include the following risks:
Clause "А" - Basic cover
- Temporary disability, resulting from an accident - the agreed indemnity shall be paid off, depending on the duration of the disability of the insured person;
- Permanent disability, resulting from an accident; upon occurrence of a an accident at work the Insurer shall pay indemnity double the amount;
- Death, resulting from an accident; upon occurrence of an accident at work the Insurer shall pay double the amount of the sum insured to the heirs.
Clause "B" - Additional cover
- Medical expenses - the expenses shall be indemnified up to the limit agreed in the policy;
- Rescue expenses - the expenses shall be indemnified up to the limit agreed in the policy;
- Funeral expenses in case of death, resulting from an accident - the heirs shall be indemnified up to the limit agreed in the policy;
- Expenses for hospital stay - the insured person shall receive the sum agreed in the insurance policy for every day of the hospitalization.
Territorial scope
The insurance is valid for the territory of the Republic of Bulgaria and/or the whole world.
Sum insured
The minimum sum insured is 500 currency units. The sum insured is the sum per person.
Insurance premium
The insurance premium shall be calculated according to the tariff of the Insurer depending on the sum insured, the risk class (set in accordance with the performed occupation or activity), the covered risks, the insurance term and the specific risk manifestation. The insurance premium shall be paid off in a single lump sum or in installments.
Insurance term
The insurance could be concluded at client's option for a period of 1 day up to 1 year.
