Life Insurance Overview for Italy
We can help you plan for life’s uncertainties.
Leave your legacy – not your liabilities. Feel better knowing you and your family have a sound enough financial cushion if something unexpected happens to you, permanently cutting off your income.
Employees up to age 70 are eligible for Basic Life Insurance benefits equals 2 times your eligible pay including your base salary.
Additionally , the cover comes with an additional protection in case of an accident, in case of death due to an accident the sum covered offered to family goes to 4 times gross annual salary while in case of permanent disability the benefit goes as high as 5 times annual gross salary.
You will be automatically enrolled in the Risk Policy, administered by Generali, as of your date of hire. During your first week of employment you will be added to the vendor portal called MyMarsh after which you will receive automatic emails about the action item beneficiary nomination. You would be required to do that over the portal.