Absenteeism insurance
Sickness absence insurance insures your employee in the event of illness against (part of) the salary that will then continue to be paid.
Absenteeism Insurance: Protect Your Company against Wage Costs in the Event of Illness
Absenteeism insurance provides essential protection for employers against the financial consequences of absenteeism due to illness. This insurance covers the wage costs of sick employees, so you can keep your business running without unexpectedly high costs.
Absenteeism insurance - we compare the best insurers - so that you receive the best and most affordable premium from us absenteeism insurance
Benefits of Absenteeism Insurance
- Coverage of Wage Costs : Reimbursement of salaries during absenteeism due to illness.
- Reintegration support : Assistance with the quick and effective return of employees to the workplace.
- Cost control : Prevent high expenses due to long-term illness of staff.
Advantages and disadvantages of Absenteeism Insurance .
BENEFITS INCLUDE FINANCIAL SECURITY AND GUIDANCE FOR YOU AND YOUR SICK EMPLOYEES. IN ADDITION, WITH OUR EXTENDED SME SICK ABSENCE MODULE, YOU DO NOT NEED ANY KNOWLEDGE OF THE LEGAL OBLIGATIONS, BECAUSE WE WILL HELP YOU WITH THIS. A DISADVANTAGE IS THAT YOU PAY PREMIUM FOR YOUR INSURANCE, EVEN IF YOU DO NOT HAVE ANY SICK EMPLOYEES.
Why Choose Absenteeism Insurance?
- Financial Security : Prevent high wage costs due to long-term absenteeism due to illness.
- Peace of mind : Know that your business is protected against the risks of absenteeism.
- Support : Professional guidance in case of absenteeism and reintegration.
Compare providers on coverage and conditions to find the best absenteeism insurance for your company. Good absenteeism insurance not only offers financial protection, but also security for your staff.
Frequently asked questions about Absenteeism Insurance :
If your employee becomes ill, he is entitled to continued payment of (part of) his salary for a maximum of two years. Health insurance ensures that (part of) the salary that you pay to your employee is reimbursed. Are you opting for absenteeism insurance with occupational health and safety services? You will also receive support from an occupational health and safety service to absenteeism within your company and you will receive budgets for prevention and reintegration of your employees.
Everyone with staff runs the risk of an employee becoming ill. This can seriously disrupt your business operations, especially if you have a small business. The costs of a sick employee can also be quite high. One day of absenteeism costs at least €250. You must continue to pay your sick employee at least 70% of his salary for two years. The costs for guidance and reintegration are also your responsibility.
Absenteeism insurance is not mandatory.
the risk that your company will not run into financial problems due to illness and absenteeism
continued payment of at least 70% of the salary for the first 2 years
prevention, absenteeism guidance and reintegration
With most insurers you have a deductible. You may have to pay for the first few days that your employee becomes ill yourself. Sometimes there is also a maximum to what the insurance pays out.
employees who are already ill before the insurance starts
a director or major shareholder (DGA) who becomes ill
and employee who deliberately becomes incapacitated for work
someone who is not an employee of your company, for example your partner or a self-employed person
The premium for absenteeism insurance is on average between 1.5% and 5.5% of the total wage costs. Naturally, the amount of this percentage depends on various factors.
If your employee becomes ill, he is entitled to continued payment of (part of) his salary for a maximum of two years. Sickness insurance ensures that (part of) the salary that you pay to your employee is reimbursed. Are you opting for absenteeism insurance with occupational health and safety services? You will also receive support from an occupational health and safety service to prevent or limit absenteeism due to illness within your company and you will receive budgets for prevention and reintegration of your employees.
Absenteeism Insurance cost ?
The costs of Absenteeism Insurance depend on your business type, your gross profit and the chosen payment period.
Kind of thing
Number of employees
Average age
Average absenteeism
Average annual wage bill
Premium per month
Hotel
20
31
2,0%
80.000,-
300,-
