Incapacity to work due to accidents or illness can affect anyone. Thousands of people become unable to work every year and are off work for an average of three weeks. Depending on their insurance, they face smaller or larger shortfalls. The Salary daily benefits insurance plan protects you against these risks.
Salary comes into play as soon as your employer’s statutory employment provisions for illness or accident cease. You receive benefits for up to 720 days within a period of 900 days. You decide how long you want to wait until the first payout.
If you are unable to work as a result of a serious illness or accident, you receive 100% of your salary from your employer. How long your salary payments continue depends on the particular circumstances and how long you’ve been employed. If you're unable to work for a longer period, the daily benefits insurance pays 80%. But only if your employer has taken out a daily benefits plan.
If you don’t have daily benefits through your employer, you ought to take out loss of earnings insurance to protect yourself against financial shortfalls. It’s even more important for the self-employed and freelancers, because their earnings stop from the first day that they can’t work.