AXA's reinsurance solutions for pension funds and associations can be tailored precisely to your needs. Far from simply insuring the risks of death and disability, our services also offer you exactly the support you need in other areas, leaving you with more time to focus on your core business.
Reinsurance of occupational benefits is suited to pension funds and associations that want to cover the risks of death and disability in a way that matches their actual needs. The law allows them to choose whether they bear these risks themselves or transfer them to an insurer. Various factors determine which insurance benefits need to be reinsured: the pension fund's structure, how much administration it can perform itself, and how it is managed.
Please note: Pension benefits from reinsurance cannot completely offset severe income shortfalls. It is therefore advisable for individual pension fund members to take out life insurance as well.
Pension funds and associations that want to transfer their risks have two main reinsurance options. It is important to weigh up the pros and cons of each one carefully.
Peak risks can be covered if the number of insured persons is large enough and the finances are available to allow this. In this case, the pension provider opts to bear some of the risk itself. This works rather like health insurance, where the insured person chooses a deductible and has to pay his or her own treatment costs up to that amount. The lower the deductible, the greater the delegated risk and therefore the higher the premium.
The other option is reinsurancein line with your regulations, which form an integral part of the reinsurance contract.
In each case, solutions need to be worked out that fit the current situation. If you want to be sure to get the best possible coverage, contact AXA to arrange a consultation.