Management Insurance

What do the “Management Insurance” and “Remunerations for the Self-employed” policies include?

Pension savings plan – deposit of a certain rate from your monthly salary. In a Management Insurance policy for salaried employees, part of the monthly premium – intended for the purchase of insurance and savings – is deposited by the employee into the compensation component. The other part is deposited by the employer for the compensation and severance pay. 

In the “Remunerations for the Self-employed” – the entire deposit is paid by the self-employed insured individual.

 Upon retirement, the savings accumulated in the policy shall be paid to the insured, who is either a salaried employee or self-employed, as a monthly allowance.

Life Insurance (optional) – coverage in the event of the insured individual’s death.

Loss of Working Capacity Insurance (optional) – coverage for loss of working capacity due to an accident or illness.

Tax benefits – in the executive insurance program there is a right to credit and tax deduction on deposits of employees and self-employed persons.

Insurance Management fees – collected by the insurer from the monthly deposits and annual accumulation.