Endowment insurance

Generali Insurance

Choose endowment insurance which best responds to your needs and ensure a safe future for yourself and your loved ones. The following types of endowment insurance are at your disposal:

 

Complete endowment insurance
Complete endowment insurance enables saving for many years, while in case of unwanted life events it provides financial stability for your loved ones.

Depending on the chosen type of Complete insurance, in case of the occurrence of the said insured risks, the insured sums are paid according to the following model:

Insured case	Complete SINGLE	Complete DOUBLE	Complete TRIPLE
endowment	1 x insured sum	1 x insured sum	1 x insured sum
death due to disease	1 x insured sum	1 x insured sum	1 x insured sum
death due to an accident	1 x insured sum	2 x insured sum	2 x insured sum
death due to a traffic accident	1 x insured sum	2 x insured sum	3 x insured sum

 

Characteristics of insurance:

• persons between 17 and 70 years can be insured,
• insurance period can be between 5 and 25 years,
• premium payment can be monthly, quarterly, semi-annual, annual or one-time,
• if the insured sum in case of death due to disease surpasses EUR 40,000, the insured person must undergo a mandatory medical examination before being accepted in insurance,
• it is possible to contract the additional insurance:

• in case of partial or complete permanent disability as a consequence of an accident,
• daily fees  in case of a hospitalization,
• in case of breaking bones due to an accident,
• in case of a surgical intervention as a consequence of an accident.

Complete Pro endowment insurance

Complete Pro is a form of endowment insurance which combines life insurance, financial coverage in case of occurrence of one of the twenty severe diseases and saving for the future.

In case of occurrence of the said insured risks, the insured sums are paid according to the following model:

Insured case	Complete Pro
endowment	1 x insured sum
death due to disease	1 x insured sum
death due to an accident	2 x insured sum
occurrence of a severe disease	1 x insured sum

 

Characteristics of insurance:

• persons between 14 and 65 years of age can be insured, without health problems at the moment of being accepted in insurance, ,
• insurance period can be between 5 and 25 years,
• premium payment can be monthly, quarterly, semi-annual, annual or one-time,
• in case of occurrence of a severe disease and payment of an insured sum on such basis, life insurance continues,
• if the insured sum in case of death surpasses EUR 20,000, the insured person must undergo a mandatory medical examination before being accepted in insurance,
• it is possible to contract additional insurance:

• in case of partial or complete permanent disability as a consequence of an accident,
• daily fees in case of hospitalization,
• in case of breaking bones due to an accident,
• in case of a surgical intervention as a consequence of an accident.

Providence endowment insurance

Providence is a type of endowment insurance which, after expiry, enables a one-time payment of the insured sum or in instalments, while in case of unwanted life events provides financial security to your loved ones.

Characteristics of insurance:

• persons between 14 and 70 years can be insured,
• the minimum insurance period is five years,
• insurance period can be until the insured person turns 81, while insurance coverage in case of death is valid until the insured person turns 75,
• premium payment can be monthly, quarterly, semi-annual, annual or one-time,
• there is no mandatory medical examination of the insured person before being accepted in insurance.

Scholarship personal annuity

Scholarship personal annuity with an option is insurance intended for parents who wish to ensure savings for their children's adulthood, for further education or other plans in the period when the child is becoming independent. Additionally, an option can be contracted that, in case of unwanted life events, i.e. the death of the parent as a policy holder, the insurance company takes over further premium payment until the end of insurance.

Product characteristics:

• the insurance beneficiary is a child from the moment of birth until turning 14,
• the insurance policy holder can only be the child's parent, aged between 18 and 60,
• the period of payment of the insured sum begins when the child turns 18 or 19 and it lasts for four to seven years depending on the policy holder's choice,
• payment of the insured sum can be in equal monthly or annual instalments,
• premium payment can be monthly, quarterly, semi-annual, annual or one-time,
• if the insured sum surpasses EUR 40,000, the policy holder must undergo a mandatory medical examination.