In accordance with the Insurance Rules and the legislation of the Republic of Moldova, the Insurance Company enters into contracts with legal and natural persons – the Insured, to protect employees in cases of loss of professional work capacity.

Insurers are also entitled to enter into insurance contracts for the benefit of third parties – the Insured.

Purpose of Insurance

The insurance covers the following events:

• Death of the employee due to a workplace accident;
• Loss of professional work capacity of the insured due to a workplace accident.

Accident

An accident is an unforeseen, short-term, and unintentional event that causes injuries to the Insured.

Accidents also include:

• Frostbite, drowning, electric shocks, lightning strikes, sunstroke, bites from venomous insects/snakes;
• Tick-borne diseases, post-vaccination encephalitis, tetanus infection, botulism;
• Choking on accidentally inhaled foreign objects;
• Anaphylactic shock;
• Acute accidental poisoning by toxic plants, chemicals, or low-quality food products.

Insurance Conditions

In the event of an insured accident, „Асоrd Grup” S.A. pays compensation within 7 days of signing the insurance act:

• For temporary loss of professional work capacity – 0.27% of the insured amount for each day of monthly incapacity (maximum 12 months);
• For total loss of professional work capacity – 100% of the insured amount.

Insured Amount

The insured amount (used to determine compensation and the insurance premium) is established by mutual agreement.

During the validity period of the contract, the Insured may modify the insured amount by following all legal formalities.

Insurance Premium

The premium depends on:

• The conditions chosen by the Insured;
• Contract duration;
• Insured amount;
• Age and specialty of the Insured.

The premium ranges between 0.3% – 6% of the insured amount and can be paid in installments.

For additional assistance, contact our manager at: +373 (22) 26 44 44.