Formulas and Group Quotation for Crew Insurance
Get the best health insurance and comply with all maritime regulations
Insurance Formula Overview
Formula 1:
| Guarantees in EUR |
Medical Expenses & Assistance |
Death after Accident (LOL) |
Permanent Disability after Accident (PTD) |
|---|---|---|---|
| GUARANTEES : VyV & Anker | STANDARD MLC, PERFECT, PRIVILEGE | 3 x annual salary with a minimum benefit of 50,000 upgradable to 750,000 |
3 x annual salary with a minimum benefit of 50,000 upgradable to 750,000 |
Formula 2: MLC2006 Compliant
| Guarantees in EUR |
Medical Expenses & Assistance |
Death after Accident (LOL) |
Permanent Disability after Accident (PTD) |
Temporary Total Disability after Accident and Illness (TTD) |
|---|---|---|---|---|
| GUARANTEES : VyV & Anker | STANDARD MLC, PERFECT, PRIVILEGE | 150% annual salary with a minimum benefit of 50,000 upgradable to 750,000 |
150% annual salary with a minimum benefit of 50,000 upgradable to 750,000 |
100% of salary Duration: 120 or 365 days Waiting period: 7 days |
Formula 3: MLC2006 Compliant
| Guarantees in EUR |
Medical Expenses & Assistance |
Death after Accident and Illness (LOL) |
Permanent Disability after Accident and Illness (PTD) |
Temporary Total Disability after Accident and Illness (TTD) |
|---|---|---|---|---|
| GUARANTEES : VyV & Anker | STANDARD MLC, PERFECT, PRIVILEGE | 150% annual salary with a minimum benefit of 50,000 upgradable to 750,000 |
150% annual salary with a minimum benefit of 50,000 upgradable to 750,000 |
100% of salary Duration: 120 or 365 days Waiting period: 7 days |
Formula 4: MLC2006 & French Decree Compliant
| Guarantees in EUR |
Medical Expenses & Assistance |
Death after Accident and Illness (LOL) |
Permanent Disability after Accident and Illness (PTD) |
Temporary Total Disability after Accident and Illness (TTD) |
Old Age Benefits |
|---|---|---|---|---|---|
| GUARANTEES : VyV & Anker | STANDARD MLC, PERFECT, PRIVILEGE | 150% annual salary with a minimum benefit of 50,000 upgradable to 750,000 + 50% per child |
150% annual salary with a minimum benefit of 50,000 upgradable to 750,000 |
100% of salary 365 days Waiting period: 7 days |
Min 250 per months when crew ≥ 50% employer part ≥ 50% |
Note: All formulas include Medical Expenses & Assistance coverage with three levels: Standard MLC, Perfect, and Privilege. The key differences between formulas are in the coverage for Death, Permanent Disability, and the inclusion of Temporary Total Disability and Old Age Benefits in higher formulas.
What is the cost of the Group formula insurance
“Depending on the coverage level, the cost ranges from 2% to 8% of the payroll.”
