Turien & Co · compared independently · advice from Finass
Personal accident insurance through Turien & Co
Personal accident insurance pays a sum agreed in advance rather than the actual loss, and with a delegated authority product such as this the assessment of that payment lies with the authorised agent itself.
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 situation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
The first thing to know about this product is that it is not indemnity insurance but fixed-sum insurance. For permanent disability a percentage of the sum insured is paid according to a fixed table, the gliedertaxe, and on death caused by an accident a fixed amount. The principle of indemnity in Article 7:960 of the Dutch Civil Code does not apply here: the payment stands apart from what you actually lose in income or costs and can be received alongside damages for personal injury.
The second is the form of distribution. Turien & Co. is an authorised agent: acceptance, issuing the policy and handling claims all take place under the delegated authority, while an insurer carries the risk. In reality that means shorter lines for acceptance and claims. For you it changes nothing about the question that counts, namely whether the conditions suit your situation.
We mainly use this product as group cover for staff, alongside or on top of what a collective labour agreement requires, and as a supplement to the duty of care in Article 7:658 of the Dutch Civil Code. It is emphatically not income insurance; anyone wanting to cover incapacity for work caused by illness needs a different product.
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 Turien & Co 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 Turien & Co's extended versions with the market.
Repatriation in the event of death
Defence & legal costs
Dental costs
Cosmetic surgery
What is covered
Situation
Basic
With extension
Permanent disability after an accident
Yes
Yes
Death caused by an accident
Yes
Yes
Incapacity for work due to illness
No
Provided that
Continued payment of wages during sickness absence
No
Provided that
Reintegration and guidance
Provided that
Yes
Complaints that already existed when the policy was taken out
No
No
With accident and income cover, the definition of «accident» or «incapacity for work» determines what is paid out, together with the waiting period, the end age and the occupational profile. A condition that already existed or was known when the policy was taken out is usually excluded; non-disclosure can affect the payout (Articles 7:928 and 7:930 of the Dutch Civil Code).
What we do
What we do
At Finass
Direct with Turien & Co
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 Turien & Co 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.
A sum, not payment of your loss
The payment follows from a table that attaches a fixed percentage to each part of the body. The loss of a thumb or of hearing in one ear therefore always gives the same share of the sum insured, whatever your occupation or income. A pianist and a warehouse worker receive the same payment for the same finger injuries. That makes settlement predictable, but it also bears no relation to what you actually lose.
The percentage is only set at the final medical position
As long as recovery or deterioration is still possible, the degree of permanent loss of function cannot be determined. A medical adviser assesses it only once the position is stable, and that can be long after the accident. Conditions also name a final period within which the injury must have shown itself. Report an accident straight away, therefore, even if the injury does not seem serious at the time.
Only during work or twenty-four hours a day
With group cover the key question is whether staff are covered only during working hours and commuting or continuously, including in their free time. That difference shows in the premium and in how useful the cover is. Bear in mind as well that agency workers, students on placement, volunteers and family members working in the business are only included if they appear in the policy as an insured group.
What is not an accident
A sudden event coming from outside is required. Back trouble from long-term overloading, a slipped disc with no identifiable event, a burnout and illness do not come under it. Also excluded are deliberate acts and recklessness within the meaning of Article 7:952 of the Dutch Civil Code, accidents under the influence of alcohol or narcotics, taking risks, taking part in speed competitions and aviation other than as a passenger.
Retroactive cover (prior risk)
Retroactive cover (prior risk) Included for your staff during work.
Defence & legal costs
What does your premium depend on?
Number and composition of the insured persons. On a group policy the size of the group and its spread across roles both count.
Occupational class. Office roles, production, construction and work at height fall into rising risk classes.
Extent of cover in time. During work and commuting only is cheaper than continuous twenty-four-hour cover.
Balance between the sums insured. The choice between heavier death cover or heavier disability cover changes the rate.
Groups included. Agency workers, students on placement, volunteers and visitors only count if they are named.
Claims history. Earlier notifications within the group count in the assessment by the authorised agent.
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.
Is personal accident insurance the same as disability insurance?
No. Personal accident insurance pays a fixed amount once on permanent disability or death caused by an accident. Disability insurance pays periodically and also covers absence through illness, which is by far the biggest cause of absence. The two do not exclude each other, but one cannot replace the other.
What does it mean that this runs through an authorised agent?
An authorised agent acts on behalf of an insurer and may, within agreed limits, accept risks, issue policies and settle claims itself. The risk stays with the insurer behind it. In practical terms that saves links in the chain at acceptance and in claims handling. For your legal position it makes no difference: the policy conditions determine what is paid.
Does the policy pay even if the accident was my own fault?
In principle yes. Personal accident insurance does not ask who was at fault, only whether there was a sudden event from outside. Only with deliberate acts or conscious recklessness within the meaning of Article 7:952 of the Dutch Civil Code does the cover fall away, and that applies as well to driving under the influence or taking a reckless risk.
Is a slipped disc or back trouble from lifting covered?
Usually not. Cover requires a sudden event coming from outside. Complaints that arise gradually from repeated strain lack that element and count as illness. If the injury does arise from an identifiable event, such as slipping while carrying a load, the position can be different. Always record such an event in writing straight away, therefore.
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.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
