Independent Insurance Consultants (IIC) Company offers support and insurance services in Russian Federation. Medical insurance, Accident insurance, Life insurance, International Health Insurance (IPMI), Cancer insurance. Broker service.

1. Insurance of employees in Russia

2. • Medical Insurance principles of work
- works if there is a disease or its recurrence
- should not be used for preventive services
• Insured – between the insurance company and the clinic
- the insurance company seeks to reduce bills from clinics, and doctors
in clinics are eager to prescribe more diagnostic and treatment
procedures
• Medical expertise
- if there is no positive dynamics of treatment in the polyclinic, then
you should contact the insurance company for the organization of a
consultation in a profile research institute
- if there are any arguable moments, involve an independent expert
Medical Insurance (VMI)
Insurance of employees in Russia

3. • Out-patient and polyclinic care
- Basic option. pre-payed or network-based programs.
Cost is from 10 000 to 300 000 Rub.
• Calling a doctor
- Service on the basis of health facilities from the program or by the third parties.
Cost is from 1 000 to 3 000 Rub.
• Dentistry
- Service on the basis of health facilities from the program or specialized
networks. Cost is from 2 000 to 30 000 Rub.
• Stationary admission(stationary) + ambulance
- Emergency and planned ambulance. 4 levels of stationaries are from 3 000 to
25 000 Rub. Emergency is from 800 to 2000 Rub.
• Additional options
- Doctor in the office, prenatal care or childbirth, travel insurance, medical
assistance, vaccination, diabetes, fitness, deposit programs
Medical Insurance – options
Insurance of employees in Russia

4. • All risks and operations are paid in full - cardiovascular diseases,
oncological diseases, organ transplantation, orthopedic operations
• Organization of treatment in European and American clinics
• Insurance coverage is from 2,5 mln. Euro
• Cost is from 3 000 Euro
• Cooperation with leading insurance companies of Europe:
- BUPA (Great Britain)
- Globality Health (Luxembourg)
- Allianz (German)
International Health Insurance (IPMI)
Insurance of employees in Russia

5. • While calculating the profit tax one relates self-cost of production in the amount of
no more than 6% of the wage fund (p.16 art.255 of Tax Code of the Russian Federation)
•not applicable for taxes by UST ( p.7 p.1 art. 238 of Tax Code of the Russian
Federation)
• not taken into account while determining the tax base for personal income tax (p.3
art.213 of Tax Code of the Russian Federation); insurance payments under VMI
agreements are also not taken into account while determining the tax base (p.3 p.1
art.213 of Tax Code of the Russian Federation)
•not taken into account while determining the tax base for personal income tax (p.3
art.213 of Tax Code of the Russian Federation); insurance payments under VMI
agreements are also not taken into account while determining the tax base (p.3 p.1
art.213 of Tax Code of the Russian Federation)
Tax concessions in VMI&IPMI
Insurance of employees in Russia

6. Basic risks :
•Accidental death
-According to statistics, an accident is the cause of death number 1 for people aged 20 to 45 years. Payment for the risk of
"death" is always 100% of the insurance coverage.
•Disability as a result of the accident
•Disability payment: 100% - for the determination of the disability of group 1, 75% of group 2, and 50% of group 3.
•Injury as a result of the accident
-Payments for the risk of "injury" are carried out on the basis of the table of payments and set a percentage of the insurance
coverage for a particular case. For example, with a fractured finger, payment is 5% of insurance coverage, i.e. with an
insurance coverage of 1 million rubles, the insured person can expect payment of 50 thousand rubles.
•Hospitalization as a result of the accident
•Coverage for this risk is included when the insured person enters the hospital for treatment as a result of an accident.
-Injury as a result of the accident
-Payments for the risk of "injury" are carried out on the basis of the table of payments and set a percentage of the insurance
coverage for a particular case. For example, with a fractured finger, payment is 5% of insurance coverage, i.e. with an
insurance coverage of 1 million rubles, the insured person can expect payment of 50 thousand rubles.
•surgery operation as a result of the accident
•For this risk the insured person receives a percentage of the insurance coverage according to the table of payments for a
particular operation after an accident.
With insurance for 1 million rubles cost per 1 insured person is from 3 000 to 7 000 rubles.
Life Insurance – basic risks and options
Insurance of employees in Russia

7. •Accidental Death and Dismemberment
-Insurers qualify this risk as "death for any reason".
•Disability as a result of the accident or diseases
-Additional coverage of the risks of "disability" as a result of diseases provide full insurance coverage in the event of heavy
insurance events.
•Hospitalization as a result of the disease or accident
•Coverage for this risk is included, when the insured person enters the hospital for treatment not only as a result of an
accident, but also of any disease. The payment is a percentage of the insurance coverage for every day spent in the
hospital
•surgery operation as a result of the accident or disease
-For this risk the insured person receives a percentage of the insurance coverage, according to the table of payments for a
specific operation in the event of a disease or an accident.
•critical disease (Primary diagnosis of deadly diseases)
-Payments for the risk of "injury" are carried out on the basis of the table of payments and set a percentage of the insurance
coverage for a particular case. For example, with a fractured finger, payment is 5% of insurance coverage, i.e. with an
insurance coverage of 1 million rubles, the insured person can expect payment of 50 thousand rubles.
-surgery operation as a result of the accident
-Risk insurance of "critical diseases" provide payments to the insured person in the initial diagnosis of twenty different
diseases. Payment for the risk of "critical disease" is 100% of the insurance coverage
With insurance for 1 million rubles cost per 1 insured person is from 5 000 to 30 000 rubles. The
average cost is 12 000 rubles.
Life Insurance – additional options
Insurance of employees in Russia

8. •Corporate funded programs, «golden handcuffs»
-Corporate programs that allow employees of the companies to receive additional
income after a certain period of work or retirement help to increase employee’s loyalty
towards the employer.
•Monoline programs
-Insurance against oncology with treatment in Russia or abroad (cost is from 1 500 to
20 000 rubles)
-Insurance against critical diseases with treatment abroad (cost is from 3 500 to 50 000
rubles)
Life Insurance – special programs
Insurance of employees in Russia

9. •Corporate insurance programs for oncological diseases
-Programs with a payment of 250 000 to 3 000 000 rubles, accompanied by treatment
in Russian clinics. Сost is 1 000 rubles per 1 insured.
-Programs with payment for the treatment of oncology and critical diseases in
European and Israeli clinics. Insurance coverage is from 250 000 euros.
The cost is 3 500 rubles per 1 insured.
•Individual insurance programs for employees
- Formation of a contract on a preferential basis on the website -
www.onkostrahovanie.ru
-Cost is from 8 000 Rub.
Oncological insurance
Insurance of employees in Russia

10. •The total amount of payments (contributions) paid by employers for insurance in an
amount not exceeding 15,000 rubles per year, calculated as the ratio of the total
amount of contributions to the number of the insured workers, can be refered to the
wage fund (Tax Code of the Russian Federation, Part II, Ch. 25, item 255, item 16)
•The expenses for insurance of citizens as a result of accidents and diseases are not
included in the total annual income of the Insured Person (Tax Code of the Russian
Federation, Part II, Chapter 23, Article 213)
•The amounts of insurance payments, paid by the employer under the VMI Contracts
for Accidents and Diseases of Employees are not a subject to taxation (Tax Code of the
Russian Federation, Part II, Chapter 24, Article 238)
•Insurance premiums of VMI contracts of citizens against accidents and diseases are
out of Value Added Tax (VAT) (Tax Code of the Russian Federation, Part II, Chapter 21,
Article 149).
Tax benefits for life insurance
Insurance of employees in Russia

11. •Increase of employees’ efficiency by reducing staff through
lower absenteeism
•Reduction of expenses due to lower payments for sick leave,
additional types of financial help
•Improvement of the emotional climate in the team
The cost is from 500 to 2,000 rubles per employee per year. The cost can be included
in the premium under the VMI contract.
Psychological aid
Insurance of employees in Russia

12. • Savings are up to 40% with the VMI contract
• Immediate medical expertise in clinics
• The deposit can be used for any medical services, including
the ones that does not cover the VMI contract
• Convenient electronic system for users, HR-specialists and
accountants
• Tax privileges are saved
Deposit medical services -
Alternative to VMI
Insurance of employees in Russia

13. • All-in-one service without additional cost
•Support throughout all stages
•Opportunity to combine programs from
different insurers and partners
•Interest in a long-term cooperation
•Austerity budget of the client due to discounts
on the volume, attracted by the broker to
insurance companies
Insurance broker
Insurance of employees in Russia

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LLC «Independent Insurance Consultants»
www.страховыеконсультанты.рф
www.iicon.ru
Russia, Moscow, Kapranov alley, b.3
info@iicon.ru
office +7 (495) 585-09-32
Thank You for Your attention!
Insurance of employees in Russia