UltraMED is the most complete health insurance product which offers the financial support needed in case of being diagnosed with one of the 32 types of covered critical illness.
Because we know that in case of extreme situations which may appear in your life, such as being diagnosed with a critical illness, you need money immediately to fight with the disease, we’ve created the health insurance program UltraMED. This provides you an amount up to 800,000 lei (depending on the premium paid), money which could help you get access to the optimum treatment.
UltraMED is an ultra-complete solution for care in case of a critical illness diagnosis, providing extensive coverage for 32 critical illnesses like cancer, heart attack, stroke, kidney failure, coma, deafness, major burns, Parkinson disease, Alzheimer etc.
ExtraMED is a voluntary health insurance. It offers you the possibility to benefit from treatment at high standards, in a private medical institution, as well as in a public institution.
The product is available in 3 packages: Silver, Gold and Platinum and is addressed to any person aged between 6 months and 64 years.
ExtraMED offers hospitalization benefits (hospitalization, hospitalization days, intensive therapy, convalescence), surgical benefits (surgical intervention, anaesthesis), extra hospitalization benefits (ambulance transportation, post-hospitalization medical visits at home, post-hospitalization diagnosis), long distance medical examination offered by world famous institutions (Telediagnostic).
In case of being diagnosed with a critical illness, Alico Telediagnostic benefit offers you immediate access to United States specialists in all medical areas. This way you can obtain confirmation – or invalidation – of the diagnosis previously established by your doctor. Moreover, you benefit from long distance medical examination at clinics abroad and prescription of the optimum treatment by a highly regarded consortium of doctors.
Capital Invest is a product launched for the first time in Romania. It equally combines two capitalization possibilities: investments into funds (unit-linked) and savings with guaranteed benefits. It is targeted towards people who want to obtain income from investments, but are less willing to accept the investment risk. For this reason, the guaranteed capitalization part is welcome. You may choose the investment strategy by selecting one of the three available investment funds: Plus, Exponent, Multiplu (described at Renta Extra product).
Capital Invest offers protection against major events: death due to an accident, total and permanent invalidity due to an accident. Protection may be extended to cover other events: death due to any cause, waiver of premium payment, hospitalization, surgical intervention (with or without convalescence) due to an accident and/or sickness. In the same time, protection may be extended to cover family members as part of the same contract. A maturity bonus of 5 – 10% of the Face Amount is offered if all the premiums were paid in time throughout the contract duration.
There are 3 options to pay the insurance premiums: equal premiums, increasing premiums for higher benefits or a unique premium (involves accepting some special conditions). Upon policy maturity there are 6 payment options for the accumulated funds (one single payment, whole life annuity, annuity for both spouses, etc.).
Junior Invest is a package similar to Capital Invest product, launched for the first time in Romania; equally combines two capitalization possibilities so that to offer more chances to your child: investments into funds (unit-linked) and savings with guaranteed benefits. It is targeted to parents or legal tutors interested to make available for the child coming of age an important amount of money which could offer him/her an easier start in life You may choose the investment strategy by selecting one of the three available investment funds: Plus, Exponent, Multiplu (described at Renta Extra product).
Junior Invest offers financial protection for the under age insured in case of hospitalization and surgical intervention due to an accident or sickness, financial protection for the policy owner in case of total permanent invalidity or premature death. Loyal customers receive a maturity bonus of 5 – 10% of the Face Amount if all the premiums were paid in time throughout the contract duration.
There are 3 options to pay the insurance premiums: equal premiums, increasing premiums for higher benefits or a unique premium (involves accepting some special conditions). Upon policy maturity more payment options are available for the payment of the accumulated funds (one single payment, several payments, education annuity, etc.).
RENTA EXTRA is a new product from Alico, an insurance and investments programme which aims directly to help maintain your standard of life in the period after your retirement from the professional life. And we provide this at the best quality/price ratio.
This product materializes the company effort to bring on the market a competitive offer, complementary to the system of private pensions (3rd Pillar).
In technical terms, RENTA EXTRA is a unit-linked insurance policy.
In other words, it is a life insurance product with a capitalization component resulted from Alico investment funds. It is a modern product, created in order to meet the capital growth need for the period after your retirement from the professional life.
RENTA EXTRA offers the following benefits:
Affordability and Comfort
It is you who decides how much the contribution will be. You also may choose the level of the expected result and of the investment risk. Subsequently, you may change the product parameters, depending on your life needs. We won't question you.
Contract Flexibility
Irrespective of your age, you may decide to retire before the pension age or to withdraw the capitalized amounts and the profit whenever you want, if you consider that the capital growth is enough.
Direct Control of Investments
The money you pay is 100% directed in investments. But not just like this. The decision on where to invest is yours. You may choose among three funds of investment, therefore you can manage the money as you wish, taking a higher risk for a higher estimated profit or a low risk for lower, but more stable profit.
|
PLUS
is an investment fund which aims to combine the long term performance of an investment with the conservatory principles of placement, by investing in governmental and private bonds (60% - 100%) and in investments on short term (maximum 40%). Plus is recommended to those who want low risk investments. |
|
EXPONENTIAL
is an investment fund which aims to combine the long term performance of an investment with the dynamical principles of placement, by investing in shares (50% - 90%), bonds and other short term investments (10% - 50%). EXPONENTIAL is targeted at those who expect high returns from investments and are willing to risk for this purpose. |
|
MULTIPLU
is an investment fund which joins the elements of the previous two funds, aiming to combine the long term performance of an investment with the principles of balanced placement, by investing in shares (20% - 40%), governmental and private bonds (20% - 50%) and in short term investments (10% - 50%). |
Tax free Benefits
In accordance with the current law, you will not pay tax on the final benefits that you will receive for the RENTA EXTRA product from Alico. Moreover, you are free to decide whether the benefits will be provided as a life annuity in gradual payment or in a lump sum, according to your expressed desire.
Coverage for undesired events
In the event of permanent and total incapacity to work due to an accident, the contributions will be paid by Alico. In addition, depending on your choice, you will be granted an additional amount.
Freedom to move
RENTA EXTRA product is not targeted exclusively to residents working in Romania, but is also available to non-residents working abroad. Moreover, you may receive the annuity irrespective of the country where you live.
The costs incurred in time for a RENTA EXTRA policy are easily covered and your contribution will be paid back to you at the right time as a private annuity or will be directly credited to your account as liquid capital. In addition, you may discover that in the meantime you accrued profit.
With RENTA EXTRA you enjoy all these benefits while you live life with the financial security that your family is protected by risks and something unforeseen. Because the policy also includes the life insurance component which covers the most frequent risks.
It's time to make plans for pension!
Life Extra is an endowment created to offer you the most complete financial protection for your life and your family life, irrespective of the obstacles you come across.
It bears the features of a flexible product for savings and protection which allows you to benefit from a guaranteed bonus upon the contract maturity, as well as from coverage everywhere in the world, 24 hours per day.
The protection offered by Life Extra covers three major risks:
1. Permanent invalidity (partial or total) caused by accident;
2. Death by accident;
3. Death by any cause.
Upon the maturity of Life Extra contract, you will receive a guaranteed face amount plus the investment benefit. In addition to this, if you paid all the premiums on time, you will receive a guaranteed bonus depending on the contract duration, equal to 10% (if the contract was signed for minimum 20 years) or 5% (if the contract duration is shorter than 20 years) of the face amount. The contract duration may be fixed of 20 years or up to the retirement age (60 for women, 65 for men).
Upon the contract maturity you have the possibility to choose the most appropriate way for you to receive the accumulated capital:
1. the entire money at once;
2. annuity with a set value up to the full spending of the capital;
3. annuity for a fixed period of time with a value set depending on the capital amount and the chosen duration;
4. pension for the entire life span;
5. pension for the entire life span, guaranteed for a chosen period of time, irrespective of what might happen to your life;
6. pension for the entire life span, transferable in a proportion of 60% to the surviving spouse.
Life Extra is a flexible product also due to the choice you have to select from the optional benefits you can attach to your policy.
Life Extra contract may be purchased by any individual aged between 18 and 50 (for women) / 55 (for men), while the life insurance contract duration is of minimum 10 years.
Choose Life Extra! Whatever the future may bring, you and your wife will be protected from all points of view.
Capital Extra is a pure endowment programme of capitalization and protection designed by Alico Romania to turn the pension age into a pleasant one. It is a flexible product, focused on savings which allows you to benefit from a guaranteed bonus upon the contract maturity, as well as from coverage everywhere in the world, 24 hours per day.
Upon the maturity of Capital Extra contract you will receive a guaranteed face amount plus an investment benefit. In addition to this, if you paid all the premiums on time, you will receive a guaranteed bonus depending on the contract duration, equal to 10% (if the contract was signed for minimum 20 years) or 5% (if the contract duration is shorter than 20 years) of the face amount. The contract duration may be of 10 or 20 years or up to the retirement age (60 for women, 65 for men).
Because when signing the contract you cannot know what need or desires may appear until the contract maturity, Alico Romania offers you the possibility to choose the most appropriate way for you to receive the accumulated capital:
1. the entire money at once;
2. annuity with a set value up to the full spending of the capital;
3. annuity for a fixed period of time with a value set depending on the capital amount and the chosen duration;
4. pension for the entire life span;
5. pension for the entire life span, guaranteed for a chosen period of time, irrespective of what might happen to your life;
6. pension for the entire life span, transferable in a proportion of 60% to the surviving spouse.
The protection covered by Capital Extra covers two risks:
1. Permanent invalidity (partial or total) caused by accident;
2. Death by accident.
The same as with Life Extra, you may decide upon attaching optional benefits to a Capital Extra policy.
Capital Extra has an extended age span for starting the contract, being addressed to individuals aged between 18 and 60. The minimum contract duration is of 10 years.
Choose Capital Extra! The future will never surprise you, while the pension years will be as peaceful and bright as the previous ones.
Junior Extra is a pure endowment product designed to offer security and peace for your child's future and many chances for him to succeed in life. It has the characteristics of a flexible product for savings and protection which allows you to benefit from a guaranteed bonus upon the contract maturity, as well as from coverage everywhere in the world, 24 hours per day.
Junior Extra offers you the possibility to save money in order to offer your child a successful beginning in his adult life and, at the same time, it offers protection both for your child, as well as for you. Upon the contract maturity, your child will receive a guaranteed face amount plus an investment benefit. In addition to this, if you paid all the premiums on time, you will receive a guaranteed bonus depending on the contract duration, equal to 10% (if the contract was signed for minimum 20 years) or 5% (if the contract duration is shorter than 20 years) of the face amount.
The protection offered by Junior Extra covers with the face amount specified in the contract all medical expenses needed for hospitalization or surgical intervention for the child, as well as the risk of death by accident for the payer. The contract duration is flexible, it may be of 10 years or until the child is 18, 21 or 23.
The product flexibility is also proved by the payment method of the accumulated capital:
1. the entire money at once , if the child wants to buy a house, a car or for any other purpose he/she wants to use it;
2. in instalments, for a set period of time for instance as money for financing the education.
The same as with Life Extra, you may decide upon attaching optional benefits to a Junior Extra policy. Junior Extra contract is addressed to every child aged between 1 and 17, while the minimum duration of the contract is of 10 years.
Choose Junior Extra! Invest for your child's future.
Life Protect is an endowment product designed to offer, security, peace and protection for the dear ones. Life Protect is a flexible product of protection for the entire family which offers coverage everywhere in the world, 24 hours per day.
Whatever may happen, your family is protected. Life Protect covers two major risks:
1.Permanent invalidity caused by accident;
2.Death by any cause.
Optional benefits may be attached to the two major risks which enhance the protection offered by this life insurance policy.
Life Protect contract can be used in the relation with the bank for getting loans.
The contract duration is of minimum 10 years and is addressed to individuals aged between 18 and 55.
Choose Life Protect! Protect your entire family.
Life Cover Plus is more than just life insurance. With Life Cover Plus, Alico provides:
With Life Cover Plus you offer protection for yourself and those closest to you against something unforeseen that were to happen tomorrow.
Protector is a life insurance product created to offer you protection against unpredictable situations in life. Protector is addressed to both you and the entire family and offers coverage everywhere in the world, 24 hours per day.
The contract duration is of one year and it can be renewed every year up to the age of 65.
The product is available in three types:
Protector Basic covers the risk of permanent invalidity (partial or total) caused by accident and the risk of death by accident.
Protector Active covers with the face amount specified in the contract the medical expenses made for hospitalization, surgical intervention and convalescence caused by accident; the risk of permanent invalidity (partial or total) by accident; the risk of death by accident.
Protector Complete covers with the face amount specified in the contract the medical expenses made for hospitalization, surgical intervention and convalescence caused by accident or illness; the risk of permanent invalidity (partial or total) by accident; the risk of death by accident.
Choose Protector! You and the dear ones will be protected every day.
You may cover the risk of permanent invalidity (partial or total) caused by accident, by attaching this clause to Junior Extra and Life Support.
If you choose to cover the risk of death by any cause, the ones dear to you will have, at least from the financial point of view, the possibility to continue their lives. You may attach this clause to Capital Extra.
The same way, you may enhance the protection offered by Life Support and Life Protect by extending the coverage to include the risk of death by accident.
The waiver of premium offers additional financial protection. This way, if at a certain point, because of total and permanent incapacity to work, you can no longer pay the insurance premiums, Alico pays them for you, so that at the end of the contract you will receive the amount of money initially specified. You may attach this clause to Life Extra, Capital Extra, Life Support and Life Protect.
The child protection agreement guarantees the payment of the insurance premiums to the company in case an undesired event takes place (in the event of total and permanent invalidity or death of the payer). This clause may be attached to Junior Extra.
If you selected the attachment of the medical benefits package, in case you or a family member gets sick, you will have the right to receive an indemnity for each day of hospitalization or for the possible surgical interventions, as well as a convalescence indemnity, depending on the selected type:
- benefit of hospitalization and surgical intervention caused by accident (may be attached to Life Extra, Capital Extra and Life Protect);
- benefit of hospitalization and surgical intervention caused by accident or illness (may be attached to Life Extra, Capital Extra and Life Protect);
- benefit of hospitalization, surgical intervention and convalescence caused by accident (may be attached to Life Extra, Capital extra, Life Protect and Protector);
- benefit of hospitalization, surgical intervention and convalescence caused by accident or illness (may be attached to Life Extra, Capital Extra, Junior Extra, Life Protect and Protector).
With Life Extra, Capital Extra, Life Protect and Protector you may choose to extend these benefits in one selected type for the rest of the family, as well.
You may opt for creating a Deposit in order to multiply the accumulated capital. The amount of money from this Deposit will be credited in a special investment fund managed by the company in accordance with the contractual conditions.
To find out more about the products and services offered by Alico Romania, and moreover to identify the product that corresponds to your needs, you need to receive guidance from one of our insurance agents. Please e-mail us at produse@alico.ro and we will contact you.