Voluntary insurance provides financial protection against events that impact the life or health of the insured individual. Under this type of contract, compensation is paid only if a covered event occurs. Once the insurance term expires, the insurer is no longer obligated to provide an insurance payout.
Primary Covered Risks
- Death resulting from illness or accident
- Permanent loss of working capacity due to an accident
Secondary Covered Risks
- Temporary loss of working capacity due to an accident
- Hospitalization due to an accident
- Costs for medications and medical supplies
Insurance coverage for the primary risks is valid both within the Republic of Bulgaria and internationally.