Life insurance for compaines

Employee life insurance provides financial protection for their families and enhances their motivation and loyalty to the company.

View prices
PRICES FROM 50 BGN PER MONTH
PER EMPLOYEE
100,000 BGN
LIFE INSURANCE
50,000 BGN IN CASE OF
SERIOUS ILLNESS
PRICES FROM 50 BGN PER MONTH
PER EMPLOYEE
100,000 BGN
LIFE INSURANCE
50,000 BGN IN CASE OF
SERIOUS ILLNESS

Corporate Insurance "LIFE" FROM METLIFE

MetLife is among the largest and oldest life insurance companies in the world. The company was founded in 1868 in the USA and operates in more than 50 countries, serving over 100 million customers. MetLife has been operating in Bulgaria since 1999 as a branch of its pan-European company "MetLife Europe" headquartered in Ireland, offering life insurance and health insurance.

Company Insurance "Life"

The "Life" insurance for employees can be extremely beneficial for both the company and the employees themselves. Here are some of the main advantages:

  • Financial Security for Employees: The "Life" insurance provides financial protection for employees' families in case of death, diagnosis of a severe illness such as cancer, loss of ability to work due to illness or accident. The insurance will financially help families cover treatment costs, rent, loans, childcare, and other obligations.
  • Improving Motivation: Providing "Life" insurance shows employees that the company cares for them. This can improve their work morale, engagement, and loyalty to the company.
  • Attracting and Retaining Employees: When a company offers "Life" insurance, it makes it more attractive to potential new employees. This can also help retain current employees within the organization.
  • Form of Additional Compensation: The "Life" insurance can be provided as an additional bonus or form of compensation for employees, increasing motivation.
  • Enhancing Company Image: Providing social benefits like "Life" insurance can enhance a company's overall image, portraying it as a responsible and caring organization.
  • Company Policy: The "Life" insurance can be used as a human resources management tool. For example, it can be provided after a certain employee tenure or for certain positions.

The insurance covers

The Corporate "Life" insurance provides protection for your employees against severe outcomes of illness and accident, significantly deteriorating their and their family's quality and standard of living. The insurance is signed for a period of 1 year and is for companies with a minimum of 10 employees.

Covered Risks:

Cash compensation in case of loss of life due to accident or illness: 100,000 BGN

Cash compensation upon discovering a severe illness: 50,000 BGN

Daily payment during hospitalization: 100 BGN per day

Daily recovery money after hospital stay: 50 BGN per day

Compensation for full permanent disability: 100,000 BGN

Partial permanent disability: % of 50,000 BGN

The following severe illnesses are covered:

Cancer

Myocardial Infarction

Coronary Artery Disease requiring surgery

Stroke

Kidney Damage

Major Organ Transplant

Blindness

Paralysis/Paraplegia

Coma

Significant Burns

In case of an insurance event, it is necessary:
1. Fill out a Notification of Insurance Event using the insurer's template.

You can download the Insurance Notification template from here: Insurance Notification

2. The following documents need to be provided:
  • Notification of an insurance event occurrence;
  • Death certificate and doctor's death notice;
  • Certificate of heirs;
  • In case of accidental death – police report;
  • In case of illness-related death – medical documents;
  • In case of a severe illness – all available medical documents.
3. The completed Notification and the additional documents should be sent to: office@boleron.com
4. The insurer will review the request and documents within 15 working days and may request additional documents or make a decision on the request.
Additional Information:

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