Group insurance is an employee benefit provided by an employer or company to offer greater financial security to employees and self-employed company directors. This solution combines several important elements: supplementary pension savings, financial protection for loved ones and protection during a professional career.
An ING advisor can guide you to take out this insurance. All applicable costs and taxes are included in the premium, so you have a clear view of what you will pay. The contract runs for one year and is then automatically renewed, unless you decide to cancel it in accordance with the policy conditions.
"}},{"componentType":"sectionTitle","title":"Discover the key advantages of our Group Insurance"},{"componentType":"paragraph","richBody":{"value":"A group insurance helps employees and self-employed company directors build additional retirement savings and comes with a range of extra benefits.
"}},{"accordionList":[{"richBody":{"value":"Help employees and self-employed company directors build additional retirement savings and prepare for the future.
"},"title":"Supplementary pension"},{"richBody":{"value":"Benefit from favourable tax and social security treatment while controlling remuneration costs.
"},"title":"Tax efficiency"},{"richBody":{"value":"Strengthen your ability to attract and retain talent with a highly valued employee benefit.
"},"title":"Attractive employer proposition"},{"richBody":{"value":"Optional covers can provide additional security in the event of illness, accident, hospitalisation or death.
"},"title":"Additional protection"},{"richBody":{"value":"Manage contracts and access information through convenient digital tools.
"},"title":"Easy administration"}],"componentType":"accordion"},{"componentType":"sectionTitle","title":"Optional coverages of our Group Insurance"},{"componentType":"paragraph","richBody":{"value":"Enhance your group insurance solution with additional protection.
"}},{"accordionList":[{"richBody":{"value":"Additional death protection in the event of death caused by an accident.
"},"title":"Accident cover"},{"richBody":{"value":"Payment of an annuity following illness or accident to compensate for a loss of income or ensure the continued financing of the group insurance plan during incapacity.
"},"title":"Incapacity for work"},{"richBody":{"value":"Cover for hospitalisation expenses and certain serious illnesses.
"},"title":"Hospitalisation cover"},{"richBody":{"value":"Reimbursement of eligible healthcare expenses such as medical consultations, medication, dental prostheses and prescription glasses, subject to the applicable limits.
"},"title":"Outpatient care cover"}],"componentType":"accordion"},{"componentType":"sectionTitle","title":"Exclusions and limitations"},{"componentType":"paragraph","richBody":{"value":"Payment of the pension reserves is made in the event of the insured's retirement, at the end date of his/her career (if the insured has not yet retired) or in the event of the insured's death before retirement. A payout will not be made if death results from:
For the full list of guarantees, exclusions and charges, read the Information sheet and the general terms and conditions available via your banker.
"}},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"accordionList":[{"richBody":{"value":"| Branch 21 | Branch 23 |
|---|---|
| Guaranteed interest rate | No guaranteed interest rate |
| Return may be supplemented by profit sharing | Variable return depending on the performance of the investment strategy and selected investment funds |
| The insurer commits to a result | The insurer commits to the means implemented |
| Offers a capital guarantee | Does not offer any capital guarantee |
As an employee: an affiliate is an employee who belongs to the category covered by the group insurance. If the employee leaves the employer and keeps their reserves in the former employer’s group insurance, they become a deferred affiliate.
As a self-employed company director: an affiliate is a self-employed company director for tax purposes who belongs to the category covered by the company’s group insurance. If their position within the company ends and the former self-employed company director keeps their reserves in the group insurance, they retain the vested rights under their contract.
"},"title":"Who is considered an affiliate?"},{"richBody":{"value":"This rule sets a tax ceiling for supplementary pension benefits. The total retirement pensions (statutory pension + supplementary pension), paid as annual annuities, may not exceed 80% of the last normal annual gross remuneration. This calculation assumes a career of normal duration.
"},"title":"What is the 80% rule?"},{"richBody":{"value":"Upon retirement, several statutory deductions may apply, including:
The exact tax treatment depends on the beneficiary's circumstances and the applicable legislation at the time of payment.
"},"title":"How are supplementary pension benefits taxed?"}],"componentType":"accordion"},{"componentType":"sectionTitle","title":"Report a claim"},{"componentType":"paragraph","richBody":{"value":"You can easily report an accident through the channel you find most convenient. Please consult this overview.
"}},{"componentType":"sectionTitle","title":"Complaints"},{"componentType":"paragraph","richBody":{"value":"Not entirely satisfied with the distribution of this product? Our Complaints Department and Ombudsman are here to help you.
Not completely satisfied with your AXA Employee Benefits?
Contact AXA online: customer.protection@axa.be
"}}]},"hasMacro":false,"id":"6664d284-2ac9-4239-8f51-506bff6e5355","legalZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Legal provisions"},{"componentType":"paragraph","richBody":{"value":"Insurance intermediary: ING Belgium SA, insurance broker, registered with the Belgian Financial Services and Markets Authority (FSMA) under code 0403200393. Registered office: avenue Marnix 24, B-1000 Brussels - Brussels Trade Register – VAT No. BE 0403.200.393 - www.ing.be - BIC: BBRUBEBB - IBAN: BE45 3109 1560 2789.
Insurer: AXA Belgium, public limited insurance company authorised under No. 0039 to carry out life and non-life insurance activities (Royal Decree 04-07-1979, Belgian Official Gazette 14-07-1979) by the National Bank of Belgium, located at boulevard de Berlaimont 14, B-1000 Brussels - Registered office: place du Trône 1 - B-1000 Brussels (Belgium) - website: www.axa.be - Tel.: 02 678 61 11 - Fax: 02 678 93 40 - VAT No. BE 0404.483.367 - Brussels Trade Register No. 7.06.5833 - 0616.
Insurance policies and conflicts of interest: you can find general information on insurance policies as well as a description of the policy on conflicts of interest, including the benefits granted:
For ING Belgium SA, as insurance intermediary: go to www.ing.be, then follow “Rates and regulations” > “Information and regulations” > “Insurance policies”.
For AXA Belgium, as insurance company: go to www.axa.be.