In the face of life’s uncertainties, ensuring your family’s financial security is a top priority. Death, disability, or accidents can have a significant impact on a household’s stability. To address these challenges, Allianz Care offers Life Safe, a protection insurance solution specifically designed for employees of European institutions and their families. Its objective is clear: to provide strong and lasting financial protection in the event of major life events, helping to preserve the household’s financial stability.
Coverage Focused on Major Risks
Life Safe focuses on the most critical situations. In the event of death, regardless of the cause whether illness or accident, a lump sum is paid to the designated beneficiaries. This financial support helps maintain the standard of living ofof their loved ones and cover immediate or future expenses.
In the case of total and permanent disability, the insured also receives a lump sum. This is intended to compensate for loss of income and support the lifestyle adjustments required by the situation, such as home modifications, career changes, or unexpected expenses.
The solution also offers additional options. For example, coverage of the outstanding balance of a mortgage helps prevent debt from being passed on to relatives. It is also possible to extend coverage to a spouse and children, providing comprehensive family protection. Finally, Life Safe offers worldwide coverage, particularly suited to internationally mobile professionals.
A Flexible and Customizable Solution
One of Life Safe’s key strengths lies in its adaptability. Each policyholder can adjust their level of coverage according to their personal situation. This includes household composition, ongoing financial commitments especially mortgages as well as the desired level of protection.
This flexibility allows for a tailored solution that reflects real needs. Whether you are a young professional, a parent, or approaching retirement, the coverage can be adapted to suit every stage of life.
Examples:
The insured capital can be freely chosen by the main policyholder and policyholder, ranging from €100,000 to €500,000 for fixed capital.
For mortgage loans, the insured capital can be adjusted annually or every five years based on the remaining balance.
An Offer Dedicated to European Institutions
Life Safe is designed for a very specific population. It is intended for EU officials and temporary staff, as well as members of European institutions and related affiliated organisations. This includes, in particular, the European Investment Bank, the European Central Bank, European Schools, the European University Institute, and members of the diplomatic corps.
Simple and Accessible Enrollment Conditions
Enrolment in Life Safe has been designed to be quick and accessible. It is possible to subscribe at any time during your working life, up until retirement or the age of 67, whichever comes first.
Coverage can include a spouse as well as children up to 18 years old, or up to 26 if they are still in education. A simple medical questionnaire is required, but the process remains smooth and fast, making it easier to obtain the coverage you need.
A Complement to Health Insurance
It is important to note that Life Safe is not a health insurance policy. It does not cover medical expenses, hospitalisation, or routine care. Its role is exclusively focused on financial protection in the event of major life events.
To benefit from comprehensive protection, it is therefore recommended to complement it with suitable health insurance, such as Hospi Safe. Together, these solutions provide coverage for both healthcare expenses and major life risks.
Why Choose Life Safe?
Life Safe meets several essential needs. It helps prepare for unforeseen events, protect your family financially, and secure major commitments such as a mortgage. Thanks to its international coverage and flexibility, it is particularly well suited to internationally mobile professionals and global career paths.
Ultimately, Life Safe stands out as a comprehensive, flexible protection solution tailored to the specific needs of European institution staff. By offering strong financial protection against the most critical events, it allows you to face the future with greater peace of mind and ensure your household’s stability, whatever the circumstances.
