Employee Accident Insurance

Insurance of employees against accidents

Any business, and especially that related to production, involves intensive interaction of employees with each other, as well as their close contact with machines and equipment, with harmful and dangerous substances, with an aggressive external environment. This creates conditions of increased risk of an accident (hereinafter - accident), the occurrence of which can cause harm to health and deprive the victim of his work capacity.

An accident at the enterprise is an event that cannot always be predicted, which is often difficult to prevent, but it is quite possible to protect yourself from its consequences by taking advantage of insurance options.

"TAS" Insurance Group offers various areas of activity for organizations voluntary insurance of employees against accidents, which in a critical situation will become indispensable help for victims of accidents, as well as significant financial support for the employer.

About the service:

1. Why occupational accident insurance is important

Accident can cause not only a health disorder, which in itself requires financial costs for recovery, but often also the loss of the affected person's ability to work, and therefore, the ability to fully provide for his life needs. Therefore, the protection of citizens in the event of their incapacity for work is guaranteed by Art. 46 of the Constitution of Ukraine.

The constitutional rights of citizens to social security in case of loss of working capacity as a result of HB protects mandatory insurance of the employee against an accident at work, which is established by a special Law. Every officially employed person is automatically insured by the Social Insurance Fund against accidents at work, on the basis of monthly contributions made in his favor by the employer.

2. What is voluntary accident insurance for employees

Voluntary insurance against accidents at work is one of the most important types of non-state insurance that provides insurance protection against accidents for employees at the enterprise in addition to mandatory state insurance.

Insured the employer usually acts.

3. Why is voluntary accident insurance for employees necessary?

Compulsory insurance against accidents at work very important, but the assistance received from it is limited and it is not always sufficient to fully cover the costs associated with the loss of working capacity of the victim as a result of the accident. Therefore, employers often have to supplement the needs for compensation, which are not enough, at the expense of their own funds, which carries an additional financial burden on the enterprise.

It is a rational financial and effective image solution voluntary personal accident insurance cases that are carried out by the employer beyond the mandatory.

4. What are the advantages of voluntary insurance of employees against accidents

Additional personal accident insurance will help protect you and your employees from unforeseen expenses related to injury, disability or death due to an accident.

Implementation of the program will help:

- to significantly reduce the organization's financial costs for allocating material assistance for the treatment and rehabilitation of employees;

- reduce the working hours of the management and the trade union organization for consideration of these issues;

- to improve the quality of social protection of the workforce.

Thus, having insurance against accidents, insured persons receive additional financial assistance in case of loss of working capacity, which, in addition to the economic effect, gives the company image bonuses. At the same time, the employer does not feel an equivalent financial burden, since the insurance company takes over the main part of the cost compensation.

5. Basic conditions of personal accident insurance

The insured event for insurance against accidents at the enterprise is:

- bodily injury to the insured person as a result of an accident;

- temporary loss of working capacity by the insured person as a result of an accident;

- permanent loss of general working capacity by the insured person (establishment of disability of III, II or I group) as a result of an accident;

- death of the insured person as a result of accident.

Risk factors leading to an insured event, are considered adverse environmental factors, which include:

- physical factors (mechanical injury by blunt, sharp objects, firearms, as well as all types of mechanical asphyxiation, including bites of animals, snakes, insects), injuries received as a result of an accident;

- thermal injury from exposure to high and/or low temperatures, electrical injury from atmospheric and/or technical electricity;

- radiation injury from ionizing radiation, barometric injury from changes in atmospheric pressure;

- biological factors (infectious and/or bacterial toxins, with the exception of food poisoning - dysentery, salmonellosis);

- chemical factors (chemical burns and poisoning);

- actions of third parties.

Insured able-bodied individuals under the age of 70 may be affected by an accident at the enterprise.

Place and time of insurance

The insurance contract is valid throughout Ukraine, except temporarily occupied territories and territories of active hostilities.

At your choice, the contract can be valid around the clock (24/7) or at a certain time of the performance of official duties.

An insurance contract can be concluded for a period from 1 day to 1 year.

How employee accident insurance works

Accident insurance at work guarantees only financial compensation for the costs of restoring the injured person's health and does not provide for the organization of medical assistance.

Payment under the insurance contract is made upon the very fact of illness, disability or death of the insured person.

Amount of compensation determined in advance by the insured, who independently chooses the insurance amount for the insured persons.

Insurance amount is defined in the range from 1,000 to 100,000 hryvnias.

Insurance payments

The size of the insurance payment for each contract is individual and depends on the degree of damage caused to the insured person's health. The greater the damage caused to health, the greater the amount of insurance payments, which is calculated as a percentage of the insurance amount (specified in the contract):

1) death of the insured person as a result of an accident - 100%;

2) the onset of disability as a result of an accident:

- group I disability - 100%;

- group II disability - 75%;

- disability of the III group - 50%.

3) in case of traumatic injuries and functional disorders as a result of an emergency - according to the "scale of insurance payments".

The insured person, his legal representative, heir (in case of death of the insured person) can receive insurance payments.

Exclusions and limitations

There are situations that do not belong to insured events, circumstances when the insured sum is not paid, other exceptions and limitations of insurance against accidents.

The cost of accident insurance depends on:

- selected risks (death, disability, traumatic injuries);

- risk groups (type of activity of the insured person);

- places of insurance;

- contract term;

- duration of insurance protection during the day (24 hours or other);

- the number of insured persons under the contract;

- the size of the insurance sum.

It is used for collective agreements discount system for the number of insured persons.

More про умови insurance від НВ на виробництві можна дізнатися у наших консультантів.

SG "TAS" is ready to provide high-quality employee accident insurance for any Ukrainian enterprise.

Contact us by hotline and order a consultation right now. Our highly professional managers will take into account all the specifics of your company and offer the best insurance against accidents for your employees.