Creand Life Capital Company
Creand Life Capital Company is a life insurance policy that companies can offer to their employees as a social benefit to complement their salaries, by ensuring the provision of a specific amount of money in the event of death or disability.
Features
- Creand Life Capital Company is aimed at companies that have 10 or more employees and want to provide a social benefit that complements their employees’ salaries but does not incur an extremely high cost.
Advantages
- The company can set the amount of capital insured in line with its internal structure, as a percentage of the employees’ salaries, or in the way that best suits its needs.
- The company can deduct the premiums from its corporation tax.
- No health declarations or medical tests, so that all employees are covered.
- A social benefit that complements employees’ salaries and can help to attract and retain talent.
- The premiums are lower than if the same policy was taken out independently of the company. The more employees who are insured, the cheaper the premiums become.
Benefits
- Tailor-made capital insured.
- The capital insured under this policy is compatible with the capital insured under other life insurance policies, without affecting the amount of compensation.
In the event of a claim
Beneficiaries must make the claim within 90 days following the date of the incident giving rise to it.
In the event of total and permanent disability of the insured, a medical certificate specifying the cause or illness leading to the disability and another certificate from the CASS specifying the percentage of disability must be provided.
In the event of the death of the insured, a death certificate from the Civil Registry must be provided.
In the event of a claim
Beneficiaries must make the claim within 90 days following the date of the incident giving rise to it.
In the event of total and permanent disability of the insured, a medical certificate specifying the cause or illness leading to the disability and another certificate from the CASS specifying the percentage of disability must be provided.
In the event of the death of the insured, a death certificate from the Civil Registry must be provided.
FAQ
If you have questions about our products, take a look at the answers to frequently asked questions in this section.