What does the employer's liability insurance association cost?
In many cases, anyone who opens or runs a company in Germany automatically belongs to a trade association. Insurance in the employers' liability insurance association applies in any case to salaried employees. Membership in a trade association depends on the respective industry, there are a total of nine, with compulsory membership costing differently. The higher the risk of accidents in an occupation, the higher the contributions.
As an entrepreneur, you have to pay contributions to the employers' liability insurance association for each of your employees. The respective statutes of the employers 'liability insurance association determine whether you, as a self-employed person and entrepreneur, must be a member of the employers' liability insurance association in the same way.
What does an employers' liability insurance association do
- In contrast to health insurance, employers' liability insurance associations cover the costs of accident consequences in companies. This includes the costs of medical treatment and rehabilitation. In addition, professional associations are responsible for preventing accidents.
- Insured persons receive a daily injury benefit after an occupational accident and incapacity for work. In the event of loss of earning capacity, an injury pension amounting to two thirds of the insured sum is paid annually, and in the case of partial incapacity, payment of a partial pension.
- In the event of accidental death, a widow's pension and half-orphan's pension are paid out depending on the sum insured.
The risk class included in the premium calculation takes into account the accident risk in the respective occupation. In risk class 0.26, the insurance premium is half that in risk class 0.52. You cannot compare the hazard classes of the respective professional associations with one another.
For companies and their employees, the employers' liability insurance association is the sponsor of ...
What does the insurance of employees cost to the entrepreneur
Employers' liability insurance associations are not profit-oriented. The contributions are determined on the basis of what is known as a pay-as-you-go system. To do this, they set an annual contribution key. The basis for this is the evaluation of the actual course of damage.
- You can always find precise contributions based on your specific industry affiliation from your responsible trade association. Fundamentally, the contributions are calculated from the contribution key to be determined each year, the risk class classification and the sum insured.
- For employees, the sum insured is based on the respective annual earnings. There are benefits from the employers' liability insurance association and contributions on this basis.
- If you agree to double the sum insured, the insurance will also cost you more. You pay double the contribution and receive double the benefits.
- The risk class included in the premium calculation takes into account the accident risk in the respective occupation. In risk class 0.26, the insurance premium is half that in risk class 0.52. You cannot compare the hazard classes of the respective professional associations with one another.
Conclusion: Even if membership in the professional association costs you a lot of contributions, these payments are to be assigned to the operating expenses. This is an essential difference from the other branches of the legal social insurance.
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