Daily Allowance Insurance: Comforting reserves

You become sick or have an accident and after that are no longer able to work. With Daily Allowance Insurance by CONCORDIA, you can provide financial security for yourself.

In many cases, incapacity to work means having to get by with less income. All the while the fixed costs for your rent, insurance payments, the education of your children, taxes, etc. continue to accumulate without any change. The daily allowance insurance will be there to catch you in terms of your financial protection: In the event that you are no longer able to work as a result of an illness or an accident, CONCORDIA will pay a stipulated amount as income compensation. With that, you need do nothing but concentrate on getting well.

This is what the Daily Allowance Insurance offers:

• Daily allowance in the event of incapacity to work due to an illness, an accident, or complications during pregnancy
• Combination of insurance coverage individually selectable for risks of an illness and/or accident
• Freedom to choose daily allowance amount on an individual basis
• Choice of date when benefit payments begin
  

PLUS Daily Allowance Insurance
If an illness or accident lead to a loss of earnings, in each case, CONCORDIA pays the stipulated benefit – independent of the amount of the loss of earnings accrued. In the event that there are benefits from other private and social insurance providers or others that have a duty to pay, the daily allowance is not reduced. Proof of the earnings lost is not necessary. PLUS Daily Allowance Insurance is particularly suitable for self-employed persons as well as for heads of household.

STANDARD Daily Allowance Insurance
If an illness or accident lead to a loss of earnings, CONCORDIA pays no more than the loss of earnings accrued. Continuation of wage payments by the employer, benefits from other private and social security providers, and benefits from other statutory payments are credited to the benefits paid. STANDARD Daily Allowance Insurance is particularly suitable as a supplement for employees whose insurance with their employer covers less than 100 % of their wages, or for those who have not taken out a daily allowance insurance policy with their employer.

Daily Allowance Insurance for those in the Agricultural Sector
If an illness or accident lead to a loss of earnings, CONCORDIA pays no more than the loss of earnings accrued. Individual Daily Allowance Insurance for the Agricultural Sector is particularly suitable for persons who are gainfully employed at or who run a household at an agricultural business.