This insurance is the way the companies protects the life of his employees and its
clerks. It grants in life benefits in case of loss of some member be
already for accident, incapability for accident or illness, and it
indemnifies the relatives in case of death.
Characteristics
· The company chooses the insured sum
· The total to assure can be determined as the multiple one of his
monthly salary
· Every active employee of the company contractor who qualifies for
this benefit
Coverage
It grants coverage to the beneficiaries in case of death of the
policyholder for:
· Accidental death and dismemberment
· Payment of the total assured in case of accidental death
· Entire or partial payment of the total assured in case of partial or
entire loss of one or more members of the body, as it is indicated in
the annex of the contract
· Early payment of the capital for entire and permanent invalidity
It can be caused by accident or eferring to permanent invalidity the
fact that the policyholder remains entire or permanently incapacitated
for corporal injuries or illness, to realize any lucrative work or
activity from which it could derive some utility.
For the subscription:
· To complete the request that delivers in the offices of Seguros
Banreservas.
Not insurable risks
This insurance policy does not cover the risks specified in the
insurance policy, of which we quote the following ones:
a) Suicide
b) To handle, to operate or to offer service on board of any class of
air device
c) Declared war or not, participation in any warlike action or
restoration like member of the armed forces
d) To practice arrests as representative of the law
e) To be in crime
Claims:
Procedure for the payment of the Indemnifications:
1) To notify in writing to Seguros Banreservas
2) To present the following documents:
In case of Natural Death:
· Record of death in original and properly legalized
· Record of birth legalized of the policyholder
· Photocopy of the certificate of identity and electoral of the
policyholder
· Form of claim for death
· Form of death declaration from the doctor
If it is collective:
· Letter of the employer or contractor of insurance policy
If it is a group of debtors:
· Copy of contract - Borrowing
· Receipt - Photocopy of the last unpaid balance
If there are designated beneficiaries:
· Record of marriage legalized of the wife
· Record of birth legalized of the wife
· Photocopy of the certificate of identity and electoral of the wife
· Record of birth legalized of the beneficiaries
· Photocopy of the certificate of identity and electoral of the
beneficiaries
If some Beneficiary is a Minor of Age:
· Family advice (It is needed that it is approved if the insured sum
is major of
RD$10,000.00
If there are no designated beneficiaries:
· Act notaries of Heirs' Determination (7 Witnesses, To legalize in
the Lawyer's office)
In case of Accidental Death:
· In addition to the requisites for natural death, it must present
police certified record.
Dismemberment:
· Police certified record
· Form of claim of accidental mutilation
Incapability (Temporal or Permanent):
· Medical Certificates (One for every month or part) that
demonstrate the above mentioned incapability
(Three for permanent)
· Report of the qualified doctor of Seguros Banreservas (Optional in
temporary case)
Medical expenses:
· Certification of the doctor's attentions.
· Indications (Original or copies)
· Invoices and/or receipts with detail (In original)
