Hienfeld · compared independently · advice from Finass
Group personal accident insurance through Hienfeld
Group personal accident insurance stands or falls on two things: the description of the insured group and the declaration on which the premium is settled.
The calculator and the quote form below are in Dutch. Prefer to do this in English? Email info@finassverzekert. nl or call 072 - 509 24 56 and we will take it from there.
Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
We compare the offerings of several insurers
An adviser checks whether the cover suits your activities
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
The group version insures not a person but a defined group. That can be the entire workforce, or a division into categories with its own sums insured for each: board, field staff, production. There is no list of names. Anyone joining is insured from that moment and anyone leaving is not, without your having to report every change.
The premium is set on the basis of the wage bill or the number of employees declared and, once the insurance year has ended, is adjusted. That declaration is no formality: if you consistently declare too little, the insurer not only corrects the premium but, after a loss, Article 7:930 DCC can lead to a proportionately lower payment. Keep the declaration in step with your payroll records, therefore.
This policy is emphatically not liability cover. It pays regardless of who is at fault, including where the employee was clumsy himself. If you are pursued as an employer over your duty of care under Article 7:658 DCC or over good employer conduct under Article 7:611 DCC, that claim lands on a liability insurance with employers' liability.
The structure of the cover in three parts, with an overview per situation below.
Basic cover
The basic cover insures the essentials. We show what Hienfeld and other insurers offer here.
Permanent disability (one-off payment)
Death caused by an accident
During work & commuting
Fixed or salary-related benefit
Extended cover
As well as cover during work, also 24-hour cover (7 days) (available as an extension) and higher benefits.
24-hour cover (7 days) (available as an extension)
Retraining (up to € 10.000)
Adaptations to the workplace, car & home
Interns & visitors covered as well
Complete package
The most complete cover. We compare Hienfeld's extended versions with the market.
Repatriation in the event of death
Defence & legal costs
Dental costs
Cosmetic surgery
What is covered
Situation
Extended
Comprehensive
Fire, smoke and water damage in the home
Yes
Yes
Theft after forced entry
Yes
Yes
Knocks and falls at home
No
Yes
Loss or theft away from home
Provided that
Provided that
Damage during transport, repair or exhibition
Provided that
Provided that
Wear, shrinkage, damp and insect damage
No
No
A home contents policy has sub-limits: for jewellery, audiovisual equipment and collections a lower limit applies than for the rest of the contents. If your items exceed that, you insure them separately on a valuables policy, usually on the basis of a valuation (7:960 DCC). Underinsurance leads to a proportionately lower payout.
What we do
What we do
At Finass
Direct with Hienfeld
Comparison across several insurers
Yes
No
Advice based on your own situation
Yes
Sometimes
One point of contact for claims
Yes
Sometimes
Cancellation with your current insurer arranged
Yes
No
We determine whether Hienfeld is the best choice
Yes
No
Advice fees for you as a customer
No
No
This overview concerns our service, not the cover. What is actually covered is set out in the policy conditions and on the insurer's insurance card (verzekeringskaart); you receive both before you take out cover.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
Who falls within the group
Employees with a contract of employment are covered automatically. Agency workers, seconded staff, students on placement, volunteers and family members working in the business are covered only where the description names them. Self-employed contractors you hire are not in the wage bill and are therefore not insured; they need their own personal accident insurance for self-employed professionals. Go through the description as soon as you start working with a new form of contract.
Working hours or the whole day
A group policy can be limited to working hours and business trips, or apply for the full twenty-four hours, seven days a week. Under the limited form an accident at home, while playing sport or at the weekend is not covered, and commuting is an item to be arranged separately. For a group with many road users that choice is the main difference between quotations.
Premium adjustment and the declaration
The provisional premium rests on your own declaration. If the workforce grows, its composition changes or the wage bill rises, that should move with it. If the declaration lags behind, a correction follows at the adjustment and the insurer can apply a proportionate reduction after a loss. Placing employees in the wrong category works through in the same way.
Who benefits on death
The employer is the policyholder, the employee is the insured person. On death the question is who receives the payment: the dependants directly, or the employer, who then passes it on. Record that in advance, because otherwise argument arises at the worst possible moment. The route chosen also matters for tax, both for the organisation and for the dependants.
Retroactive cover (prior risk)
Retroactive cover (prior risk) Included for your staff during work.
Defence & legal costs
What does your premium depend on?
Wage bill or number of employees. The basis declared determines the provisional premium and the adjustment at the end.
Sector and occupational classes. How the group is spread over office, field staff and production counts heavily.
Period of cover. During work and business trips only, or full cover around the clock.
Sums insured per category. Fixed amounts or a multiple of the annual salary, set for each group described.
Share of hired-in and flexible staff. Agency workers and seconded staff widen the group and with it the risk to be insured.
Claims history and prevention. Earlier accidents and a demonstrable safety policy feed through into acceptance and the rate.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
You request a quoteWe take stock of your situation, your risk and your wishes.
We compareseveral insurers, on premium as well as conditions.
You receive a proposalWith an explanation of the differences and the exclusions.
We arrange the switchIncluding cancellation, so there is no gap in cover.
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Not automatically. The premium runs on the wage bill and a self-employed contractor is not in it, so he falls outside the group description unless expressly included. If you work regularly with self-employed people on site, have it recorded whether they fall under the policy or have to arrange their own personal accident cover.
Who receives the payment on death?
That follows from the beneficiary provision on the policy. Often the dependants are named directly, but it also happens that the employer receives the payment and passes it on. Arrange this in advance and tell your staff, because after a fatal accident this is not a conversation you want to be having.
Does the cover apply outside working hours?
Only under cover that runs around the clock. If you choose the limited form, only an accident during work and business trips is covered and commuting is a point to be arranged separately. An accident while playing sport, on holiday or at home falls outside the cover in that form.
Does this policy replace my liability insurance for staff?
No. The group personal accident policy pays regardless of fault and in fixed amounts. If an employee pursues you for allegedly breaching your duty of care under Article 7:658 DCC, the issue is full damages and defending the claim. That belongs on the liability insurance with the employers' liability section.
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
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