Compulsory Labour Accident Insurance

The terms and conditions of this insurance policy are drafted in accordance with the Ordinance on Compulsory Insurance of Workers and Employees against the risk of accident at work.

The insurance covers individuals (workers and/or employees) who perform activities related to the core or ancillary business of a company in a sector where injury rates are equal or higher than the average for the country.

This insurance policy provides cover against the following risks:

• Death resulting from an accident at work.
• Permanent disablement resulting from an accident at work.
• Temporary disablement resulting from an accident at work.

The minimum sum insured may not be less than the sevenfold amount of the annual gross salary of the respective worker or employee, calculated for the 12 months preceding the policy conclusion.

IPID Labor Accident