Insurance
Occupational Accident Insurance

What is Mandatory Occupational Accident Insurance?

Mandatory Occupational Accident Insurance is taken out by the employer in accordance with the General Terms and Conditions of Accident Insurance and the Ordinance on Mandatory Insurance of Workers and Employees against the Risk of Occupational Accident (State Gazette No. 15 / 17.02.2006).

Coverage of the Insurance:

• The insurer is liable for health damages sustained by workers and employees in the event of an occupational accident, up to the insurance sum specified in the insurance contract.

• The insurance sum is determined based on the monthly gross salary of the insured workers and employees at the time of concluding the insurance and cannot be less than seven times the annual gross salary of the respective worker or employee.

• In the event of the insured person’s death, the insurance sum is paid to the legal heirs of the respective worker or employee.

• In the case of permanent disability, compensation is a percentage of the insurance sum for the respective worker or employee, equal to the percentage of permanent incapacity determined by the competent medical expertise authority.

• In the case of temporary incapacity, a percentage of the monthly gross salary of the worker or employee at the time the insurance was concluded is paid for each month of temporary incapacity, depending on the duration of lost working capacity.

Territorial Coverage:

• Within the territory of the Republic of Bulgaria.

What are my obligations?

• To answer all questions posed by the insurer when concluding the insurance contract, providing accurate, truthful, and complete information;

• To pay the insurance premium under the contract within the agreed deadlines;

• To notify the insurer of any changes in the declared circumstances;

• To notify the insurer within the prescribed deadlines and in the prescribed manner in the event of an insurance claim;

• To provide the necessary documents when making a claim.