This is an insurance program that provides cover in the event of Permanent Total Disability to practise any profession, caused by an Illness or Accident.
Such disability must have lasted for an uninterrupted period of twelve (12) months and as a result prevents any future activity in the insured's line of work.
After the Company makes a final acknowledgement of the disability, the Insured Capital is paid to the Insured in two equal instalments, provided that the Insured is still alive and continues to be permanently and totally disabled, on the date that each instalment is due.
The Insured Capital is paid as a lump sum in case the Insured's disability is exclusively caused by one of the following:
• Functional loss of hands or legs, or of just one hand or foot.
• Total and irreversible loss of vision of both eyes.
Option to combine additional coverage in the same Insurance Policy.
Your Insurance Policy is issued quickly and then delivered to you immediately by means of a simple and easy insurance process.
Individuals 18 to 60 years old, who want to secure a certain capital, for their financial support, in case that, due to an accident or an illness, they lose their ability to practise any profession.
Get your Ιnsurance Policy from any CNP ZOIS office or from one of our Insurance Agents.
Make sure you agree with the terms and that the covers offered satisfy your insurance needs.
It is of high importance and to your advantage to state all the information required in the Insurance Application.
The applicant submits an Insurance Application and, if approved, an Insurance Policy is issued.
The submission of the Insurance Application and the receipt of the Insurance Policy are carried through one of our Insurance Agents.
The premiums are paid once off on an annual basis. However, through the Insurance Application, the Insured has the option to choose the partial payment of the annual premiums (choosing between specific regular payment periods), with the percentage increase of the premiums set by the Company.
The key features of the Insurance Policy include:
From five (5) to forty (40) years.
Sixty fifth (65th) year.
The premium is determined on an annual basis, depending on the age and occupation of the Insured Person.
The Company is exempted from its obligations if the Insured Person does not meet the conditions required.
For further details please refer to the Terms and Conditions in your Insurance Policy.