Permanent Disability benefit

The Permanent Disability benefit provides financial security to an insured employee who becomes permanently disabled (partially or totally) as a result of an accident or illness.

This benefit will be paid when the insured employee is unable to continuously perform all or some of the essential duties of their own occupation and any suitable occupation (which is appropriate to their education, skills and experience).

Permanent Disability benefit is paid as a lump sum and will not exceed 100% of the life sum insured (as stated in the Table of Benefits) or
€ 2,000,000 (whichever is lower).

Permanent Disability cover normally ends on the day the insured employee reaches the age of 65. If cover ends at a different age, this will be stated in the Company Agreement.