Life insurance

Why should you be insured? Because you never know what will happen. Just in case, Generali Slovensko offers financial freedom and assurance in unexpected situations through LIFE INSURANCE.
Our large range of life coverage guarantees that you will find coverage that exactly matches your life situation.
Life insurance can help create financial reserves for the future and will ensure that you and your loved ones will never be without financial resources.

Types of insurance
Here is a summary of the basic types of coverage so you can choose the best one for you.

Hazardous life insurance
With this type of life insurance, the premium is used to cover agreed hazards. This coverage is used in situations where you don’t need to save but you want to protect yourself against specific hazardous situations that could occur. It is suitable, for example, when drawing a loan.

Capital life insurance
This combines life insurance with saving. Part of the premium is used for insurance coverage and the rest of the resources appreciate with a guaranteed interest rate, which means you are saving safely.

Unit-linked insurance
Combines life insurance with the possibility to invest resources to unit trusts. The amount of savings is not guaranteed but, depending on the investment strategy you choose, could mean higher returns than those offered by capital life insurance.

Dynamik Plus is a universal life insurance product that can be adjusted according to your current life situation. It enables you to change the range of the insurance, execute changes to the insurance and you can even decide on the way that saved money will appreciate.
Dynamik Plus is a combination of capital and investment insurance. You can choose risk-free investment, where your finances will be capitalised with a guaranteed interest rate, or you can choose to invest in investment funds, which can bring you higher returns. You can change your investment strategy to match your current situation.  

Benefits:
Dynamik Plus offers great flexibility in insurance; during the duration of the coverage you can:
- Decide on a strategy for the capitalisation of your savings
- Increase or decrease premiums
- Increase or decrease the insured amount
- Suspend and resume payment of premiums
- Pay an extra premium that will appreciate further (deposit to yield fund with a declared interest rate is free of charge)
- Withdraw cash
- Close, change, and eventually cancel already agreed additional coverage

DYNAMIK Plus offers an annual return for yield fund with a declared interest rate of 3.6 % p.a.

SLNEČNICA is a unique, flexible life insurance product designed specifically for women. Similar to Dynamik Plus, the parameters of the insurance can be adjusted according to your current situation. You can change the range of the insurance, execute changes to the insurance and even decide on the way that saved money will appreciate. Moreover, it offers above standard cover in case of typically female illnesses (e.g. breast or womb cancer) and it can react to specifics that only women experience.

SLNEČNICA is a variable insurance product. During the duration of coverage it is possible to:
- Decide on the appreciation strategy of your savings
- Increase or decrease the premium or the insured amount
- Suspend and resume payment of premiums
- Pay an extra premium that will appreciate further (deposit to yield fund with a declared interest rate is free of charge)
- Withdraw cash
- Close, change, and eventually cancel previously agreed additional coverage

SLNEČNICA provides above-standard protection in case of occurrence of female illnesses and high-risk pregnancy.
SLNEČNICA enables additional accident coverage for up to three children.
SLNEČNICA will help you to save on taxes every year.
SLNEČNICA offers a great choice and variability of additional coverage.
SLNEČNICA offers, until the end of 2008, an annual return for yield fund with a declared interest rate of 3.6 % p.a.

GARANT Plus insurance represents a new generation of unit-linked insurance. It brings preferences of investment insurance and, through the Garant fund, offers guarantee of investment, which is not common with long-term investments. It unites investment, insurance and guarantee. With GARANT Plus insurance, you have the certainty that your funds will appreciate with a rate of the highest fund value. It guarantees appreciation right to the end of the guarantee period, even in case the value of a fund has decreased. If the value of a fund increases, your return will increase as well. In addition, you have access to your investment during the whole period of insurance for an up-to-date fund rate and on the day of maturity, for a guaranteed rate. You can make extra investments as well as change their amount anytime.

GARANT Plus insurance offers wide variety of insurance cover that can be adjusted to satisfy your needs:
- GARANT Plus guarantees security in retirement
- After the end of the insurance period, you can decide if you would like your money to be paid in one lump sum or paid out gradually by means of a pension
- you can change the amount of premium and the scope of insurance cover during the period of insurance according to your current life and financial situation
- You can increase insurance coverage according to inflation, you can make a deduction of up to 12,000 SKK (€398.33) each year from your tax base, depending on your yearly premium

STRATÉGIA is a new generation of life insurance with saving giving you space to actively participate in decisions regarding how the insurance company will invest your premium. The decision on risk and potential return is up to you. You can choose a portfolio of unit funds and invest according to three types of investment strategies. If you change your mind, you can change your investment strategy at no cost.

Moreover, STRATÉGIA offers a large range of additional coverage options:
- Accidental death
- Full disability- critical illness
- Hospitalisation following accident or illness
- Inability to work following accident or illness
- Long-term effects following accident
- Accident and period of its treatment
- Exemption to pay premium cover

STRATÉGIA gives you variable insurance coverage:
- You can pay premiums continuously or in one single payment
- You can make an extra investment at any time
- Your investment will be kept on your personal account, you can partially withdraw funds and you can change the amount of the insured sum and premium
- Every year you will be informed about the format of your portfolio and the value of your personal account

KAPITÁL insurance is designed mainly to protect your family from financial problems they might experience in case of your death. This type of insurance allows you to raise your current quality of life and insure your situation in old age. Premiums can be paid regularly throughout the whole period of cover, or in one single payment.
There is a choice of additional coverage with KAPITÁL insurance:
- Death
- Accidental death
- Full disability (caused by an accident or not)
- Critical illness
- Hospitalisation
- Long-term effects following an accident and period of its treatment

Benefits:
- This type of insurance not only includes high insurance coverage but also a high amount of savings
- It offers generous and safe appreciation of your financial resources in the form of profit sharing
- Guaranteed agreed financial capital at the end of the insurance period
- Possibility of protection against inflation by updating your insured sum and premium according to the inflation rate

OPTIMAL
Capital endowment life insurance - OPTIMAL - is designed for adults and children, it is also ideal for older people who, because of their age, cannot take out standard life insurance. Your money appreciates at a guaranteed interest rate and at the end of insured period you will be paid a guaranteed insured amount and a share of the profits. In case of your death, your family will be paid an amount of premium paid up until your death together with a share of the profit.

You can choose from the following additional coverage:
- Death
- Accidental death
- Full disability caused by accident
- Critical illnesses
- Hospitalisation
- Long-term effects following accident
- Period of accident and treatment following accident

BENEFITS
- At the end of the insurance period we will pay you agreed sum that has appreciated in the form of shares of profit
- This insurance protects you from inflation by means of updating the insured sum and premium according to the inflation rate
- If you choose Optimal life insurance, we will not investigate your state of health - we will only do so if you decide to take out additional coverage as well

ISTOTA
If you are worried about negative effects from your financial commitments passing over to your family after your death, consider ISTOTA or ISTOTA Plus. With this type of insurance you are not saving money, therefore it is financially modest. You can take it out in addition to another life insurance policy with a low insured amount.

You can expand your coverage by choosing one of the following coverage options:
- Accidental death
- Full disability caused by accident
- Critical illnesses
- Hospitalisation
- Long-term effects following accident
- Accident and treatment following accident

EURO VÝNOS is a single-payment type of insurance giving you the opportunity to appreciate your financial resources in an attractive and safe way with an interest rate of up to 17.5%*. You just pay in your money at the beginning and that’s all. No other premiums, no charges for insurance arrangement or administration. And, on top of above standard appreciation, you also receive lucrative accident coverage. The flexibility of Euro Výnos makes it possible to combine saving in two accounts. On the first one, if you abide 5-year investment bound, you can achieve a guaranteed return of 17.5%*. The minimum contribution to this account is 30,000 SKK (€995.82) and there is no upper limit. If you would like to have access to a part of your savings, you can pay into a separate account which gives you the opportunity to pay in and withdraw your money any time you like. And for this account we now offer one of the highest interest rates in the market, 4.1% p.a.

Are you very busy? If so, you can take out EURO VÝNOS insurance at any of our sale centres, over the phone by calling 0850 111 116 or on our website, www.gsl.sk.

* The level of appreciation depends on the amount of initial contribution, guaranteed return of 17.5% will be acquired if you abide 5-year bounding and a minimum contribution of 500,000 SKK (€16,596.96).

Euro Výnos offers an attractive and secure appreciation of your money - with 5-year bounding of your investment your return could be as high as 17.5%, the extra account offers one of the highest interest rates in the market, 3.2 % p.a.  
- Money in your additional account can be withdrawn as you like, you can also pay in more money to your additional account, free of charge, any time you like.
- If you have cash, Euro Výnos is an ideal way to exchange your savings from Slovak crowns to Euros
- Euro Výnos is perfect for many groups of clients, from new-born babies to older people who keep their savings at home and would like to exchange them for Euros in a safe and uncomplicated manner
- Euro Výnos offers an attractive appreciation of your savings and, unlike a bank, it also offers convenient accident coverage

SLNIEČKO will take perfect care of your child. Besides insurance it includes an attractive savings component as well as child security for unpredictable situations. Your child, even in the worst situation, will have financial assistance, because in case of permanent disability or another tragic event to the insured adult, the insurance company will take over the payment of the premium. On top of that, depending on the agreed type of coverage, we will pay out a regular payment to the child every year. At the end of the insurance coverage, the child will receive the agreed insured amount increased by the admitted shares of profits of the insurance company. 

SLNIEČKO is a product that conveniently saves financial resources to make a child’s entrance to adulthood easier; money appreciates with a guaranteed interest rate that remains the same throughout the entire coverage period.

- SLNIEČKO provides coverage for a child in case of loss or disability of one or both parents, thereby at least partly reducing the consequences of such a tragedy.
- SLNIEČKO can be adjusted according to your preferences, you can choose from three coverage options and you can make decisions about instalments and payment intervals
- Extra payments can be made at any time during the coverage period, and these will also appreciate, meaning that anybody can contribute to a child’s savings
- SLNIEČKO offers the option of accidental coverage of children as well as adults
- SLNIEČKO can be taken out for a child by anyone, not just parents or grandparents

DYNAMIK Plus Junior provides child coverage together with appreciation of paid-in financial resources. This product is unique from the point of view of making various changes during insurance. It can be modified by clients in such a way that it suits their needs in the area of saving as well as insurance coverage. According to their situation, they can change several parameters of the insurance, which is not possible with many products in the market.

Benefits:
-DYNAMIK Plus Junior makes it possible to change the amount of premium during the period of insurance.
- You can take out any additional coverage from the selection at any time, and you can change or even cancel already agreed additional coverage
- You can contribute to a child’s saving at any time with extra payments
- In case you need cash, you can also make extra withdrawals
- If your current life situation requires it, you can even suspend the payment of premiums
- The financial resources of your child appreciate safely with a guaranteed interest rate or in unit funds; eventually, with the combination of both, the form of investment can be changed according to your requirements and the market situation.

FIT is accident insurance with additional illness cover and it complements the care provided by the government. It will provide the payment of loss during the period of necessary treatment after an accident, in hospitalisation, sickness leave, disability, in case of long-term effects of an accident or death caused by an accident or payment of compensation in case of longer period of hospitalisation. Moreover, FIT is improved by a premium cover up to the amount of 1,000,000 SKK (€33,193.92) in case of serious accidents. You can choose any number of additional coverage options depending on your needs. This type of insurance can be taken out for people of all ages.

If you live an active life and have little spare time, take out insurance quickly and easily by calling 0850 111 116.

Benefits:
- Maximum variability, you can change and adjust coverage
- Accident insurance provides continuous coverage in your free time, at work, in Slovakia or anywhere in the world
- This insurance gives you the opportunity to receive daily amounts during hospitalisation or sickness leave, not only in case of accident but in case of illness as well
- Payment of a loss during necessary treatment following an accident is not bound to the issuance of a record of sickness leave
- Coverage is available to sport lovers and even to professional sportspeople

PREVENT
Hospital stays or temporary sickness absence following an illness or accident is always a very difficult situation for everybody concerned. You never see it coming. Apart from health complications and troubles, it can also bring unexpected financial expenses. During the sickness absence your income may decrease dramatically, government sick pay is not enough to maintain your quality of life, not to mention increased expenses during the stay in hospital. PREVENT sickness insurance is one way to reduce the negative effects that hospitalisation or sickness leave can have on your wallet.

Benefits:
- Payment of a loss for every day of stay in hospital
- Double payment of a loss in case of hospitalisation following an accident
- Payment of a loss for every day, as long as the sickness lasts for a minimum of 15, 22 or 29 days
- Depending on the arrangements of your policy, double payment of a loss in case of sickness absence following an accident

- Payment of a loss even for hospitalisation in connection to maternity and child birth