If you have a company or are self-employed with employees in the Canary Islands, you are interested in finding out about accident insurance under the Labor Agreement. At Canarisk, we can advise you to protect your employees and avoid unforeseen expenses for your company.
Can self-employed workers be insured in the Labor Agreement insurance?
The Labor Agreement insurance only covers employed workers, registered in the general Social Security regime and who appear in the corresponding TC2 of the company.
What does a company in Tenerife or Gran Canaria need to take out Labor Agreement insurance?
The company only needs to inform the Labor Agreement that applies to its business activity and the average number of workers that appear in TC2 in the last year. Insurers will apply the coverage and capital required by the labor agreement in question.
What other coverage does the Labor Agreement insurance have?
The coverages as well as the insured capitals of the Labor Agreement insurance, are set by the agreement itself. There are agreements that require coverage for death or disability for any reason and others that only require the same coverage in the event of an accident.
For example, the Hospitality Collective Bargaining Agreement for the Province of Santa Cruz de Tenerife includes coverage for death or disability from any cause; while the Freight Transport Collective Bargaining Agreement for Las Palmas de Gran Canaria only includes coverage for death or disability due to accidents. Whatever your sector, we can advise you. We know the local market and the realities in the Canary Islands very well. Shall we talk?
What capital does labor agreement insurance cover in the Canary Islands?
Workplace insurance policies in the Canary Islands cover the amount stipulated in the sectoral or provincial collective agreement. For example, the Hospitality Collective Agreement in Santa Cruz de Tenerife provides €15.000 in coverage for death and disability.
Does labor agreement insurance cover workers' medical care?
No, collective bargaining agreement insurance covers a lump sum payment in the event of the employee's death or disability. Medical care would not be covered, although you can take out a group health insurance policy for the company that would cover employees.
How much does labor agreement insurance cost in the Canary Islands?
The price of workplace insurance depends on the coverage and limits established in the collective bargaining agreement for your sector. Our insurance brokers in the Canary Islands can provide you with a quote for your workplace insurance in just a few minutes. Contact us now!
