Your employees are the engine of your business. An accident or unexpected loss can have a major impact on their families ... and also on the stability of your business. With the group life insurance from GrupoXandra and Zurich gives your team the assurance that they are protected, no matter what. At the same time, you easily meet the obligations of the collective bargaining agreement and strengthen motivation within your organization.
Protection that adapts to your business
Whether you run an SME, an educational institution or a company with a larger team, insurance is tailored to the needs of each organization. Flexibility allows you to insure all your employees under one policy, easily and much more economically than on an individual basis.
Safeguards that make a difference
Coverage includes essential safeguards such as:
- Death, including by accident or traffic accident
- Total or partial permanent disability
- Advance on the insured capital for the family in the event of death
- Ability to add additional safeguards depending on collective bargaining agreement or need
More than a legal obligation
Insurance not only allows you to meet collective bargaining obligations, but also becomes a tool for motivation and loyalty. Your employees know that their family will receive support in the most difficult moments, and you radiate the image of a responsible and committed company.
Shared benefits
For your company, this means tax advantages, easy administration of in and out of service, and an investment with great social value.
For your employees, this means stability, protection and the peace of mind of reliable support in the most decisive moments.
Certainty that builds confidence
Request your free quote to and find out how this insurance can boost confidence within your company.
Do you have any questions? Here are the answers
Who is group life insurance for?
For companies and organizations who wish to collectively protect their employees from the consequences of death or permanent disability.
Is this insurance mandatory in Spain?
In many industries, group life insurance through the cao (convenio colectivo) mandatory. GrupoXandra will help you find out exactly what your collective bargaining agreement requires.
What does the policy cover by default?
Essential safeguards such as death, permanent disability and in some cases an advance for the family in the event of death.
Can additional safeguards be added?
Yes. You can provide extensions, such as coverage for serious illness, higher benefits or additional funeral expenses.
Does the coverage also apply to traffic accidents or accidents outside of work?
Yes. Also death or disability due to traffic accidents and other non-work-related incidents may be covered.
How does the advance on the insured capital work?
Upon death, the family can directly receive a portion of the capital, so there is immediate financial support.
Are all employees automatically insured?
Yes. All employees covered by the collective bargaining agreement, including temporary and permanent contracts, are included.
Does the insurance apply worldwide?
Yes. The coverage applies worldwide, as long as they are activities covered by the policy and collective bargaining agreement.
How are in and out of service arrangements?
New employees will be automatically added, while exits are easily processed administratively.
Does the insurance also offer benefits to employers?
Yes. In addition to meeting collective bargaining obligations, the policy offers tax advantages, easy administration and a positive image to staff.
How is the premium calculated?
The premium depends on the number of employees, industry, risk and coverage selected.
Can insurance contribute to staff motivation and loyalty?
Yes. Employees appreciate that their employer also provides security for their families, what the motivation and bonding amplified.
What happens if a company fails to fulfill this collective bargaining obligation?
Then this can lead to legal penalties, fines and liability claims from employees or unions.
In what languages will I receive documents and explanations?
The official policy documents are available in Spanish and often in English as well. GrupoXandra provides all guidance in Dutch, English, German, French and Spanish.
Why do expat entrepreneurs choose GrupoXandra for group life insurance?
Because we have the Translating complex collective bargaining rules into plain language, simplify administration and ensure that both employer and employees know exactly where they stand.