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Travel Personal Accident Insurance with a simplified subscription and with no need for medical exams, with the following coverages:

  • Risk of Death

Payment to the Beneficiaries of the capital covered in case of death of the Insured Person as a result of an accident during a travel.

  • Risk of Total and Permanent Disability

Payment to the Insured Person of a compensation corresponding to a devaluation of 100%, provided that there is an accident causing a devaluation of less than 50%.

  • Treatment and Repatriation Expenses

Reimbursement of medical expenses incurred in the treatment of injuries to the amount set, including repatriation.

Example

Travel Insurance, with duration of 4 days/Option 1:

 
 
Capital Option (MT)
 
 
Coverages
 
1
2
3
4
5
6
MITP (1)
180.000
360.000
600.000
1.200.000
3.000.000
4.500.000
DTR (2)
18.000
36.000
60.000
60.000
150.000
150.000

… Cost 88.57 MT.

1 – Death or Total and Permament Disability.

 2 – Medical Treatment and Repatriation Expenses.

 

 

Subscription Age Limit 

Individuals between 15 and 65 years old.

Risks Covered

  • Risk of Death by Accident
The Insurance Company will pay the capital covered to the Benefeciaries designated by the Insured Person in case of death by accident that occures immediately, or in the course of two years from the date of the accident. If the Benefeciaries were not designated, it shall be considered Benefeciaries those who, under the Act, are designated legitimate heirs of the Insured Person.
 
  • Risk of Total and Permanent Disability

The Seguro Viagem (Travel Insurance) provides a compensation corresponding to a devaluation of 100%, provided that there is an accident causing a devaluation equal or above 50%. Risk of Death and of Total and Permanent Disability do not accumulate, that is, if the Insured Person died as a result of an accident, compensation for death shall be payable only if to date has not been assigned compensation of Total and Permanent Disability.

  • Treatment and Repatriation Expenses

The Seguro Viagem (Travel Insurance) guarantees the repayment of all expenses of treatment and repatriation resulting from accidents, up to the maximum amounts contracted for this purpose according to the option chosen.

To apply for Travel Insurance, please visit a Millennium bim Branch or contact your Relationship Manager.

 

Life (Insurance)
Contract whereby the Insurer, in return for the premium paid by the Policy Holder, pays to someone - the Beneficiary - a certain amount (Insured Capital) in case of life or death of the Insured. Includes the actual life insurance, rents, the capitalization and retirement fund management operations.

Insured Capital
The amount up to which a compensation is paid following a loss covered by the contract.
 
Beneficiary
Natural or legal person to whom the Insurer provision reverses to resulting from an Isurance contract or a capitalization operation.

Compensation
Amount payable by the Insurer in the event of a claim covered by the policy to repair the damage. In the Life Branch insurance there is no compensationt, strictly speaking, but delivery of the contracted value to the Beneficiary.
 
Accident
Defined as the sudden, fortuitous, unexpected and abnormal event due to the action of a cause external and foreign to the Policy Holder, Insured Person or Beneficiary's will.

Insurance Policy
Document which headlines the Insurance contract between the Policyholder and the Insurance Company, which contains its general, special, if any, and any specific conditions agreed.

Premium
Price payable by the Policyholder to the Insurer in exchange for the obligation assumed by the later that, in the case of a claim resulting on the hedged risk, there would be paid a compensation or delivered a certain capital.

Coverage
Event or series of events specified in the Insurance contract of which its verification allows the trigger of the policy guarantees in the terms set herein.