Subsidy insurance for work absence

Yes. It is a sum insurance, not indemnity: it pays the agreed daily capital regardless of any other public or private benefit you receive. Its function is precisely to cover the difference between what the benefit provides and what you earned while working.

It depends on how many days you can manage without income. For a self-employed person without a cushion, seven or fifteen-day excesses. If you have reserves for a couple of months, thirty or sixty days significantly reduces the premium and still covers the important aspect, which is long-term absences.

As a reference, the amount you need to cover fixed expenses: self-employed quota, mortgage or rent, utilities, and family expenses. Many insurers limit the capital based on declared income to prevent the absence from being more profitable than working.

It depends on the policy. More and more insurers cover them, although with longer waiting periods and sometimes with a specific day limit. It is one of the points we expressly review because mental health is already one of the leading causes of prolonged absence.

They usually have an initial waiting period and, in some policies, a requirement for objective diagnostic proof. It is advisable to read that clause in detail if your activity is physical, as it is the most frequent cause of absence in manual trades.

The premium is reviewed based on age and the claims experience of the portfolio, not usually for an individual absence. What can happen after repeated absences is that the insurer applies an exclusion for that specific condition upon renewal.