Life Insurance Law: they propose a refund of premiums to workers

Life Insurance Law: they propose a refund of premiums to workers

Since it is not favorable for workers despite the fact that the costs are assumed by the employer, Héctor Acuña’s bill seeks to expand its coverage and establish new contingencies.

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Congressman Héctor Acuña, through bill No. 7389, intends to expand the coverage of the Law Life Insurance and also the return of 30% of the premiums to the workers.

This premium payment will be given only to employees who have turned 65 and who have not been beneficiaries of the insurance.

New contingencies are also proposed for insurance coverage: permanent partial disability and the diagnosis of oncology or degenerative diseases of the insured worker.

In the opinion of Acuña Peralta, the regulatory framework must be modified to protect workers from possible setbacks inherent to their work activity.

Within the explanatory statement, the congressman alleges that the current Life Insurance Law “is not really favorable” to workers—despite the fact that the cost is assumed by their employer—given that its coverage is scarce.

In figures from the Superintendency of Banking, Insurance and AFP (SBS) There are 2 million 650,885 workers with Life Insurance Law: of that group, only 418 have accessed the SVL for permanent total disability and 78,971 for death as beneficiaries. Only 79,389 people have benefited from the benefits (2.99% of the total).

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Trained at the Jaime Bausate y Meza University. In constant learning. Economics is the branch of journalism closest to the people and my duty is to be a bridge to information.

Source: Larepublica

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