DKV Renta PYMES — sick-leave benefits for a company’s staff

What this policy is

DKV Renta Baja Laboral PYMES is the same sick-leave benefit mechanism as the individual Renta products, but written for a company: 2 to 49 insured people on one contract, one receipt, one renewal date. Three categories can be insured: self-employed partners in the company and the self-employed employer, employees, and self-employed family members working in that company.

What it gives the employer

There are usually two motives, and they are quite different. The first is protecting yourself. If the business rests on one or two self-employed people, their sick leave stops the revenue entirely while the costs carry on. The second is keeping people. The state benefit replaces only part of a salary, and an employee who falls into a long absence loses noticeably. The policy closes that gap. In sectors where staff are hard to find, this works better than many other allowances. The beneficiary can be either the company or the employee — that is chosen when the policy is written. The hospitalisation cover depends on that choice as well: it applies only where the beneficiary is the insured person.

Two benefits that add up

This is arranged better here than in individual Baremado. The table payment arrives at the start of the leave, on the opening certificate. There is no need to close the leave or wait for the return to work. The classic payment comes into play if a complication of the illness or injury drags the leave out and it lasts from day 91 to day 365. And here is the key point: it works even if the table payment has already been received. In individual Baremado the continuation from day 90 is a paid option; here it is part of the main cover. There is also hospitalisation: the same daily amount for every day as an inpatient, up to 365 days.

Medical assistance following an accident

This is the only optional cover, and its limits are set out plainly. Within DKV's network, no limit, for one year from the date of the accident. Outside the network, up to €1,803. Emergency transport and transfers are separately capped at €1,000, as are orthopaedic appliances and prostheses. DKV is the only company offering unlimited medical assistance after an accident within its own network as an add-on to an incapacity policy.

What else is included

The special payment for birth or adoption — twenty times the daily benefit, in one sum. If the leave drags on while a test is awaited, DKV covers the cost of the test and provides the clinic. Telephone medical advice and a second medical opinion for serious illness. The MEDICARD® card for quick identification at clinics. Access to reduced prices through DKV Club Salud y Bienestar.

How it is set up

One contract and a single receipt in the policyholder's name, but an application is completed for each insured person — group cover does not remove the individual questionnaires. There is a rule worth knowing in advance: if the group is reduced to a single insured person, it loses its status as a group, and at renewal the policy becomes an individual contract. For a three-person company where two people leave, that means recalculated terms. The price is worked out by occupational risk group and by four age bands: 16–39, 40–49, 50–59 and 60–65. A group of young manual workers and a group of middle-aged office staff will therefore be priced differently on the same daily benefit.

What it goes with

The natural companion is health insurance for the same group: PYMES Especialistas, PYMES Integral or PYMES Mundisalud. Renta pays cash for days of incapacity and the health policy pays for treatment — together they cover both sides of the same situation.