Legal entities can take out Group Workmen’s Compensation Insurance for their employees or members, except for the persons with complete incapacity for work.

In case of an accident, insurance beneficiary and/or insured person is entitled to:

  • Sum Insured for death, if the accident resulted in the insured’s death.
  • A percentage of the sum insured which corresponds to the percentage of disability, if the accident resulted in the insured’s disability.
  • Reimbursement of accident-related medical expenses, that are not covered under health insurance, and that are paid by the insured.
  • Agreed daily allowance, if the accident resulted in the insured’s temporary work incapacity.

Example:

Sums insured for:

  • Death 150,000 RSD
  • Disability 300,000 RSD

Annual premium for one person amounts to 495 RSD.