BBVA medical leave insurance

• Be self-employed or have an SME.
• Having an account at BBVA. This is where we will charge your premium and pay your compensation, if applicable.
• This insurance policy is for individuals, although the policyholder can be either a natural or legal person (a company)
• You will have to answer a simple medical questionnaire. You may need to have a medical interview over the phone or a medical exam.
• The insured must be between 18 and 59 years old.

You can calculate the compensation using the scale. This scale specifies the days of compensation depending on the type of illness or accident and the coverage amount.

If you need to be hospitalized to receive medical or surgical treatment, you must stay in the hospital for at least 96 hours (4 days) to receive the additional benefit.

The duration of the Sick Leave Insurance contract is annual, even if the payment is deferred (monthly, quarterly, half-yearly). If you do not wish to renew it, you have to inform us one month before the policy end date.

The insurance does not have a waiting period if you are forced to take leave due to an accident. However, a waiting period is applied to other coverages:

• 6 months in the event of hospitalization or sick leave.
• 12 months if off work due to a herniated disk, lower back pain, upper back pain or neck pain.
• 12 months in the event of a sick leave due to complications from childbirth.

This is the period of time after the policy is purchased and before the coverage goes into effect. During these days, you are not covered. For example:

If you take out the insurance and one week later you are in an accident, you will be eligible for daily compensation while you are unable to work. 

If you take out the insurance and one week later you fall ill, you will not be eligible for compensation. Your policy will go into effect after a 6-month waiting period.

Yes, it's possible. If you have a policy with similar coverage at BBVA Seguros or another company, the waiting period can be waived. To do this, you will have to submit the necessary documentation and cancel your other policy in writing one month in advance.