Commercial • Personeel & arbeid • MKB • Verzuim
Absenteeism insurance (conventional)
A conventional absenteeism insurance is a classic way as an employer to reduce the risk of continued payment of wages in the event of illness te verzekeren. U kiest doorgaans zelf de belangrijkste parameters zoals waiting days/deductible period, coverage percentage and (optional) employer charges.
Ziekteverzuim raakt uw bedrijf direct: loonkosten lopen door, planning komt onder druk en er ontstaat een verplicht verzuimproces. Met een Absenteeism insurance maakt u kosten voorspelbaarder en kunt u (polisafhankelijk) ondersteuning krijgen bij begeleiding en re-integratie.
Coverage, reimbursements, maximums and exclusions always follow the policy conditions.
Conventional: in short
U verzekert (een deel van) de Continued payment of wagesskosten bij ziekte. U bepaalt zelf hoeveel risico u draagt via wachtdagen. Een goede inrichting van het verzuimproces helpt om de verzuimduur te verkorten.
When is this extra relevant?
- you have employees and want to manage your labor cost risk;
- you want flexibility in waiting days and coverage percentage;
- you want to (optionally) include employer charges in coverage;
- you want to make absenteeism costs more predictable in your budget.
Premium and acceptance depend on sector, wage bill, personnel mix and absenteeism profile.
What is conventional absenteeism insurance?
Goal
Conventional absenteeism insurance reimburses your costs (depending on the policy). continued payment of wages in the event of illness, usually up to maximum 104 weeks. U kiest vaak zelf het coverage percentage and the waiting days (deductible period).
What does “conventional” mean?
“Conventioneel” verwijst naar de klassieke opzet: vergoeding van loonkosten na wachtdagen, met keuzemogelijkheden voor dekking en eigen risico. Services zoals casemanagement of arbodienst kan (polisafhankelijk) onderdeel zijn, maar de kern is de financiële dekking.
The exact details differ per insurer and product.
For whom is absenteeism insurance (conventional) suitable?
SME with employees
Eén langdurige ziekmelding kan al grote impact hebben op kosten en planning. Met een Absenteeism insurance maakt u het risico beheersbaar.
Employers with their own policy
Heeft u al een verzuimprotocol, arbodienst of HR-ondersteuning? Dan past een conventionele opzet vaak goed: u stuurt zelf, met financiële Coverage.
Budget and flexibility
You want to make choices in waiting days and coverage percentage, so that the premium and deductible match your buffer.
When is a care option better suited?
Als u vooral behoefte heeft aan uitgebreide begeleiding (casemanagement, intensieve arbo-Services, interventies), kan een verzuim-ontzorgproduct beter aansluiten. Wij kunnen beide varianten naast elkaar zetten.
Coverage: what exactly do you insure?
Continued payment of wages
- reimbursement of wage costs in the event of illness (policy dependent)
- benefit after waiting days/deductible period
- maximum benefit duration and wage bill definition are product-dependent
Employer's charges (optional)
- you can often choose to insure employer contributions
- relevant because total costs are higher than gross wages
- conditions, definitions and percentages differ per insurer
Reintegration (policy dependent)
- support for reintegration and absenteeism guidance
- (sometimes) reimbursement of interventions/reintegration costs
- check limits, personal contributions and conditions
Comparison checklist
| Point of comparison | Why important | What to pay attention to |
|---|---|---|
| waiting days | Major effect on premium and deductible. | Does it suit your buffer? What is the benefit after the waiting days? |
| coverage percentage | Determines the amount of compensation. | What % of the wage and what maximums apply? |
| employer charges | Total costs are often higher than just wages. | Is it possible to co-insure? Definition and %. |
| Services | Influences absenteeism duration and process quality. | Case manager/occupational health and safety service included? Service levels and accessibility. |
| Exclusions/conditions | Prevents surprises. | Which situations are excluded? What are reporting obligations and deadlines? |
Policy conditions are leading; Have important agreements included in writing in the quotation.
Important choices: waiting days, coverage and employer charges
1) Waiting days (deductible)
De waiting days zijn de eerste periode van ziekte die u zelf betaalt. Dit is een van de grootste premiebepalers. Korter = meer zekerheid, vaak hogere premie. Langer = lagere premie, meer eigen risico.
2) Coverage percentage
U kiest welk deel van het loon u verzekert. Dit bepaalt de vergoeding tijdens verzuim. Let op maxima and thefinities van het verzekerd loon.
3) Employer charges
employer charges kunnen uw werkelijke kosten aanzienlijk verhogen. Meeverzekeren kan extra zekerheid geven, maar beïnvloedt de premie.
Premium: what does the price depend on?
Most important factors
- wage bill and staff structure
- industry and activities (risk class)
- waiting days and coverage percentage
- employer's costs (insurable/not co-insured)
- absenteeism/damage history (if relevant)
Compare well
- Compare not only premiums, but also conditions and service
- check maximums, definitions and exclusions
- pay attention to reporting periods and obligations
- choose waiting days that match your buffer
Absenteeism process: this is how you keep a grip on absenteeism due to illness
What you organize as an employer
- clear notification and first contact moment
- timely use of guidance (occupational health and safety service/company doctor)
- documentation and follow-up (absenteeism file)
- reintegration agreements and evaluations
Exact steps and obligations follow from legislation and regulations and your occupational health and safety service process.
Why this also matters for your insurance
- Timely reporting prevents delays in assessment
- a good file helps with decision-making and reintegration
- active policy often reduces absence duration and costs
Step-by-step plan: take out absenteeism insurance (conventional).
1) Data
- company and industry
- wage bill/employee numbers
- any absenteeism history
2) Choices
- waiting days/deductible
- coverage percentage
- employer charges (yes/no)
3) Quotation
- conditions, maximums and exclusions
- services and reporting process
- activate and secure internally
Checklist: ready for a quote in 10 minutes
1) Wage bill & personnel
- current wage bill
- number of employees
- type of work
2) Absenteeism & policy
- any absenteeism history
- absenteeism protocol (if present)
- occupational health and safety timetable (if available)
3) Choices
- waiting days
- coverage percentage
- co-insure employer costs?
Frequently asked questions about absenteeism insurance (conventional)
What is absenteeism insurance (conventional)?
Conventional absenteeism insurance insures (depending on the policy) your continued payment of wages in the event of illness, usually after a chosen waiting day/deductible period. You often choose the coverage percentage and any employer charges.
How do waiting days (deductible period) work?
Waiting days are the first days/weeks of illness during which you pay the costs yourself. After the waiting days, a payment may follow (depending on the policy). Shorter waiting days often result in higher premiums.
Does the insurance always reimburse 100% of the salary?
Usually not standard. You usually choose a coverage percentage. Also check maximums, definitions of the insured wage and whether employer contributions are included in the insurance.
Are employer's contributions insured?
That is often a choice option. Employer's contributions can be insured separately or as a percentage. This is insurer and product dependent.
Will I receive guidance regarding absenteeism and reintegration?
This is policy dependent. Some absenteeism insurance policies offer (or require) occupational health and safety services and case management. Pay attention to service levels, accessibility and any limits.
What influences the premium most?
In particular wage sum, sector/risk class, waiting days, coverage percentage and whether or not employer's contributions are insured. Absenteeism history can also play a role.
How do I request a quote?
You can enter your details via the calculation page. We can then ask additional questions if necessary and develop multiple variants, so that you can properly compare conditions and premium.
Calculate absenteeism insurance (conventional)? Start your request
Start de berekening en ontvang een voorstel dat past bij uw loonsom, branche en gewenste waiting days. Wij helpen u graag met het kiezen van de juiste dekking en voorwaarden.
Direct contact: call 072 – 509 24 56 or email to info@finassverzekert.nl.
