Features

Guarantees

  • Pensions for death and permanent total or permanent partial disability;
  • Compensation for Total Temporary or Partial Disability;
  • Treatment and funeral expenses (this includes casket and transport);
  • Medical, medication and hospital care.

If the death occurs in the first 2 years, the Insurer returns the premiums paid, if it occurs after 2 years of the insurance being in place, the contracted sum will be paid to Beneficiaries.

Payment or compensation of the contracted amount in the event of Death or Total and Permanent Disability. Reimbursement of all treatment and repatriation costs up to the maximum contracted amount, with an Excess of 10%.

To subscribe for this insurance, visit any Millennium bim branch.

  • Domestic Protection and Funeral Insurance: domestic workers aged between 15 and 60.
  • Total Protection: domestic workers aged between 15 and 65, with those over 70 not allowed to remain insured.
Funeral Insurance

Example Insurance for an employee aged between 30 and 35 / Option A costs 21.03 MT/month.

Option
A
B
C
D
Guaranteed Capital
Guaranteed Capital
6.000,00 MT
12.500,00 MT
25.500,00 MT
50.000,00 MT
Cover

Guaranteed Capital Option

A

B

C

D

MITP (1)
MITP (1)

150.000,00 MT

300.000,00 MT

600.000,00 MT

1.200.000,00 MT

DTR (2)
DTR (2)

15.000,00 MT

30.000,00 MT

60.000,00 MT

120.000,00 MT

DF (3)
DF (3)

6.000,00 MT

12.000,00 MT

18.000,00 MT

18.000,00 MT


1 – Death or Total and Permanent Disability;
2 – Treatment and Repatriation Expenses;
3 – Funeral expenses.
On the first invoice for the premium, 30.00 MT + Legal Taxes will be added to the cost of the policy.

Definitions of Terms (Questions)

Insurance that has as its purpose the guarantee of risks that may affect the person, in their life, health or physical integrity.

This is defined as the sudden, fortuitous, unforeseen and abnormal event, due to the action of an external cause and against to the will of the Policyholder, Insured or Beneficiary.

Document that holds the Insurance agreement between the Policyholder and the Insurer, which contains the respective general and special, if any, agreed conditions and particulars.

Price due by the Policyholder to the Insurer in return for the obligation assumed by the Insurer to pay compensation or to provide certain capital in the event of a claim related to the risk covered.

An event or series of events provided for in the Insurance agreement, the verification of which allows the guarantees in the policy to be triggered as set forth therein.
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