How Does the Policy Work

The "DKV Renta Baremado" policy is an Income Protection Plan that covers you for loss of income due to illness.

This policy covers both office workers (administrativos) and most importantly, self-employed (autonomos) people too.

The amount you are paid ( compensation) is based only on the cause of the sick leave (injury, illness or disease)  The policy has a pre-defined list of illnesses and the associated number of days compensation that will be paid so you know exactly how much you will be paid.

For example, if you had an accute appendicitis, this pays 15 days compensation.  As soon as you produce your doctors confirmation of the diagnosis you will be paid 15 * 10€, namely 150€.  You do not have to wait until you are fit and able to go back to work.

N.B.  If you took out the policy to be covered for 50€ per day, then you would be paid 15 * 50€, namely 750€.

 

* Paid out immediately - you do not have to wait until you get an "alta" from the doctor which allows you to go back to work.

* Widest coverage on the market  - even covering illnesses that other companies do not cover: non-infectous gastroenteritis; inguinal hernia; surgery for myopia; non-traumatic lumbago or sciatica; tonsillitis; ‘flu; common cold; renal colic without evidence of lithiasis; knee lesions etc

* Tax benefits - if you are self-employed and do not receive payment by the module system (Estimación Directa), you may deduct the cost in your personal tax return.

* Security - of being covered by an insurance policy with the European leader in health insurances..