Thanks to your employer, you're entitled to waiver of premiums coverage with AG Employee Benefits & Health Care to protect your supplementary pension contributions and death benefit coverage.
What exactly does your corporate-sponsored waiver of premiums insurance cover?
Go to MyAG Employee Benefits to find out.
On this page:
1. Protection for your family and your pension
- While you’re off on long-term occupational incapacity leave, you forfeit your right to your group insurance benefits. With waiver of premiums insurance, however, your death benefit coverage will remain intact throughout the entire duration of your incapacity leave. This way, you’ll have the security of knowing that your loved ones will still be able to collect a death benefit if ever the unthinkable should happen. Find out everything you need to know about death benefit coverage here.
- Another downside of taking long-term occupational incapacity leave is that you stop saving towards your supplementary pension, as your employer no longer has to pay your group insurance premiums.No further contributions will be made towards your supplementary pension during this period. With waiver of premiums insurance, however, you’ll continue to grow your supplementary pension nest egg even if you're unable to work and at home on extended incapacity leave. You'll find all the details about earning supplementary pension entitlements here.
Health services included for you in the MyAG Employee Benefits app
With the app, you have quick, convenient access to emergency services and assistance to keep your mental health in tip-top shape.
- My Mind by AG: for your mental well-being
What isn't covered?
Any incapacity for work resulting, for example, from reckless behaviour or the consumption or abuse of alcohol or narcotics will be excluded from coverage. Any illness or injury, including pregnancy and childbirth, that existed prior to the enrolment date will be excluded from coverage. In addition, coverage for certain mental disorders will be capped at a maximum of two years.
Before taking out this insurance, be sure to read through the IPID summary sheet, your source for clear, concise information about your prospective coverage. This document contains general information about AG insurance products. Coverage will be provided for a full year, renewable by tacit agreement at the end of each policy year. The exact scope of coverage is detailed in the General Terms and Conditions. A quote and proposal are available free of charge on our website www.agemployeebenefits.be. Our insurance polices are governed and construed in accordance with the laws of Belgium. Complaints can be filed with AG's Complaint Resolution Department (tel. 02 664 02 00 - customercomplaints@aginsurance.be). If you remain dissatisfied with the company’s final response to your complaint, you can ask the Insurance Ombudsman to formally review your case (35 square de Meeûs, B-1000 Brussels, tel. 02 547 58 71, fax 02 547 59 75, www.ombudsman.as).