ONLY FOR OUR CONTRACTORS
Protecting you and your family
At Access Financial, we feel it is our responsibility to help protect you against financial risks associated with the workplace and everyday life. Through different partnerships which have been developed, we can now provide you with various types of insurance, medical cover to ensure that you and your family are protected wherever your career may take you.
Our dedicated Insurance department, the Insurance can assist you in:
These services can be categorised into the following schemes:
In this guide, these insurances will be detailed one by one to enable you to select the ones most suitable to your personal situation.
GLOBAL INCOME PROTECTION INSURANCE
Covering Loss Of Income
Your family depends upon your ability to generate income. The Global Income Protection Insurance is designed to protect your livelihood in the event that you suffer a long-term illness or injury that prevents you from working.
What annual salary is this based on?
If you are employed, the gross annual salary is your salary before income tax (excluding any benefits such as your car, living accommodation, bonuses or over time). If you are self-employed, the gross annual salary is the gross personal revenue from your business before tax (excluding savings and investments).
This insurance scheme is valid for self-employed and employed individuals.
Benefit payments will be made as long as you are unable to perform your own or a similar occupation for up to a maximum period of 24 months.Thereafter, payments will continue only in the event that you are unable to return to work. Payments will cease if:
- you are able to find a different occupation
- if you pass away or
- you reach the age of 65
Should the insurance company require that you undergo any medical tests, the insurance company will refund costs (up to a maximum of €520) should you decide to go ahead with the policy.
If you change your country of work or country of residence, the insurance will continue. However, premiums may be revised in the event of higher risks than previously. Benefits remain in force once you return to your home country (except in the excluded countries mentioned by the policy and unless you are an American citizen returning to the USA).
To accommodate for living expenses, benefit payments escalate by a compounded 2% each year.
Professional Indemnity Insurance: Protecting our contractors
The Professional Indemnity Insurance is an insurance to protect you against compensation sought by a client if you have made a mistake or are found to have been negligent in the services that you have provided to the client. The insurance will also cover the legal costs involved in defending your case. Almost all end clients require that contractors working on their behalf have an acceptable Professional Indemnity Insurance.
We have negotiated a new policy, available to all our contractors, in order to protect your interests and also ours, as a management company, when engaging with you. We insure you against business and personal injury, property damage and economic loss (up to an amount of €5,000,000 for any one claim) and computer virus transmission (up to €100,000).
Access Financial has a €5,000,000 worldwide (exclusive of USA/Canada) Professional Indemnity Insurance in place, which can cover all contractors of Access Financial.
Global Health Insurance: Providing approved medical cover
Contracting requires you to be protected everywhere you work and have access to medical treatment and cover. A wide range of benefits is offered by the Global Health Insurance covers we can arrange for you. You will benefit from valuable health care and be protected against the high cost of medical treatment worldwide.
With these global health insurance packages, the following benefits can be available to you:
The Global Travel Insurance Plan provides cover for your baggage and personal effects and other travel insurance benefits during trips of up to 120 days outside your country of residence and within your country of residence, when your trip is pre-booked and involves at least two nights paid accommodation.
Available travel insurances
Global Accident Insurance
The Global Accident plan we can arrange for you gives you worldwide financial protection in the event of a serious accident resulting in death, blindness, permanent loss of use of one or more limbs or permanent total disablement. Accidental death benefit will provide you with a cash lump sum, equal to the life insurance benefit. Accidental dismemberment benefit will be paid to help ease the financial strain of coping with the disability. The amount of the benefit paid depends upon the severity of the injury. The plan is aimed at individuals between the age of 18 and 64. You can insure up to 20 times your annual earnings at the time you make the application, subject to a maximum sum insured of €500,000.
Global Life Insurance: Providing for the worst
The Global Life Insurance scheme will help you make provisions for your family and ensure that they receive a sum of money in the event of your death, terminal illness or critical illness. This insurance is different from local income protection and offers you the possibility of being covered for every move you make, whether commuting internationally from contract to contract, travelling for business or when returning to your home country. With this insurance, you will have peace of mind wherever you are in the world.
To obtain a quote from the Insurance and Pension section, the following information is required from you:
For further information on any of the insurances or pensions schemes, please contact us at firstname.lastname@example.org
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