Sick Leave Insurance for Self-employed Workers and Professionals (ILT BBVA Allianz)

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.

To enjoy the BBVA Plan EstarSeguro, you need to sign up for the BBVA Plan EstarSeguro card, free of interest charges, fees or extra costs. Credit card subject to approval by BBVA. The BBVA Plan EstarSeguro card can only be used to pay the premiums of certain insurance policies. Offer valid until 01/31/2025, after which date it will be renewed annually, provided there are no changes in the conditions.

For a transaction of €600 payable in 12 months at a nominal annual interest rate of 0%, the total amount payable would be €600 in monthly payments of €50 each; the resulting APR, annual percentage rate, will be 0%.

By law, we have to provide you with a standard insurance product information document to help you understand the main features.

Self-employed workers health: Open document

The renewal of the BBVA Sick Leave Insurance policy for the self-employed and professionals takes place one year after the policy has been taken out, and is automatic (unless otherwise indicated) and under the same conditions as those contracted. 

If the policyholder does not wish to renew it, he/she must notify the insurer at least one month prior to the maturity date. In the event that the insurer objects to the renewal, the policyholder must be notified at least two months in advance.

The health questionnaire is a document with legal validity that allows the evaluation of the self-employed person's risks when taking out sick leave insurance. It consists of a series of questions related to past pathologies, ailments and/or chronic conditions or health habits, with which we will know, roughly, the health status of the person. 

There are 4 possible outcomes (depending on the result obtained in the health questionnaire):

• That you cannot be insured: in this case, you can always call the insurer's toll-free number to discuss your situation and ask for advice.
• That you may be insured (but with certain exclusions): In this case, you will be able to continue with the sick leave insurance, although you will have to do so under the conditions indicated.
• That there are some doubts about your answers and more information is needed in order to close the contract. To do so, you will have to call the telephone number provided by the insurer and continue with the process via telephone.
• That you can be fully insured.

An excess, in sickness insurance, is the number of days at the beginning of a sick leave process for which no compensation is payable.

Thus, if the insurance policy you take out has an excess, you will have to wait for the established number of days to pass and, after that, you will be able to start collecting the corresponding compensation (according to the policy conditions).

In the case of BBVA Allianz ILT Insurance, there is no excess.

An exclusion is a specific situation that is not covered by sick leave insurance for the self-employed.

Among the exclusions included in the BBVA Allianz ILT Insurance are:

• The consequences of illness or accident originating before the commencement date of the insurance contract (even if the consequences of the same persist, manifest themselves or are determined during its validity), as well as incapacities that are in progress at the time of taking out the policy will not be covered.
• Diagnoses not included in the Table of assessment / Schedule of compensation for temporary incapacity due to accident or illness.
• The consequences of incidents caused voluntarily by the insured person, including suicide and attempted suicide.
• The consequences of participation of the insured person in criminal acts, competitions, betting, duels or affray, providing in the latter case that this was not as a result of a legitimate act of self-defense or in an attempt to save persons or property.
• Accidents arising from the practice of underwater navigation or exploration trips, the professional practice of any sport, as well as the amateur practice of clearly dangerous sports or activities, especially the following: horseback riding, competitive skiing, mountaineering, climbing, canyoning, caving, rafting, bungee jumping, wrestling, boxing, martial arts, underwater diving, aerial sports, motorcycling, motorcycling, rugby, polo, field hockey and any other of similar characteristics.
• Illnesses and/or injuries caused by or occurring in a state of alcoholism, drunkenness, drug addiction or consumption of drugs or narcotics without medical prescription.
• Injuries and consequences of surgical operations and medical treatments performed for other than health reasons, such as, for example, cosmetic surgery, sterility or infertility treatments.
• Rest, thermal or dietary cures and medical check-ups or health controls.
• For events or phenomena whose coverage corresponds to the Insurance Compensation Consortium, even when such Entity does not admit it due to breach of the rules established in its Regulations or in provisions in force on the date of occurrence of the incident.