Civil Liability

Private Life Insurance (Family): a must-have policy for protecting your family!

The following are insured:

• the policyholder
• the policyholder's cohabitating spouse (partner), provided the policyholder resides in Belgium,
• all individuals living in the policyholder's household (who share the same finances),
• student children, even if they live outside the policyholder's main residence in pursuit of their studies,
• domestic staff and caregivers when acting in the private service of an insured individual.

The purpose of the insurance is to cover civil liability related to private life, based on Articles 1382 to 1386bis of the Civil Code.

Coverage includes:

• liability for fault or negligence,
• liability for items or individuals under one's responsibility (e.g., parents being liable for damage cause by their minor children),
• liability for the guardian of an animal,
• liability for the collapse or ruin of a building

Hospitalisation

Hospital insurance, healthcare, dental care, and dependency insurance are not luxuries. They're essential necessities!

As you know, healthcare costs in Belgium are constantly rising. This is mainly due to longer life expectancy, advancements in medical technology, and a reduced contribution from mutual health funds towards medical expenses.

This increase in medical expenses makes hospitalisation and healthcare insurance a necessity.

Coverage includes:

• almost the entire gap between the healthcare provider's bill and the mutual health fund reimbursement.
• outpatient expenses incurred before and after hospitalisation.
• Some policies also cover one-day hospital stays (One Day Clinic).

And what about long-term care? We offer insurance plans that cover the additional costs that inevitably arise from long-term care needs.

You can also be covered for dental treatment expenses (including prosthetics) and receive a daily allowance in case of hospitalisation. This will help offset income loss due to hospitalisation or cover extra expenses such as childcare or phone bills.

Accident and Sickness

Minimise the Financial Impact of Sickness or Injury! Get the care and medical treatment you need!

We all tend to think that accidents only happen to others. The same goes for illness—we assume it only affects the elderly.

Yet, we all know a family member, neighbour, friend, or colleague who thought the same, only to be struck down by illness or an accident, whether in their personal or professional life, even in the prime of youth.

While illness or an accident is already unfortunate, the additional expenses or loss of income that often follow can push an entire family into severe financial hardship, which certainly does not aid in a quick recovery.

The most common types of insurance are hospitalisation and healthcare insurance. Happily, these cover not only unfortunate events but also one of the most joyful moments—when your child is born.

And finally, let’s not forget that old age also requires specific, often costly, care.

Retirement

Reaching retirement inevitably leads to a decrease in income. Our social security system provides a well-deserved pension, but it is often insufficient to maintain the same standard of living. That’s why it’s crucial to start planning as early as possible to build up a supplementary pension.

Conditions to qualify for the tax advantage (Article 111bis LIR):

• the contract must have a minimum duration of 10 years and end at age 65,
• the designated beneficiary in case of death must be a second-degree relative or in-law.

Life Insurance

Protecting loved ones in the event of premature death is often overlooked. The death of a household member usually leads to a financial shortfall, which can be even more severe during periods of heavy financial responsibility (such as when children are in school or there is a mortgage to pay).

If this happened to you, do you know what social security has planned to ensure the survival of your family? We calculate this with you and determine the income gap that needs to be insured.

Next, we assess the amount of tax-deductible premiums. You can then decide whether or not to take advantage of the deduction.

Conditions to obtain a tax reduction: the policyholder must also be the insured; and the beneficiary must be the spouse, a relative up to the second degree, or, since 2004, a legal cohabitant.

Life insurance coverage can be included in the same contract with a pension payout, or—what is often neglected—a disability annuity.