Munich - Generali has received the highest rating of ‘five stars’ for its occupational disability insurance in the most recent assessment by independent analysis company MORGEN & MORGEN, matching its achievements of last year.
“Insurance against the risk of disability is particularly important for young employees, as the state pension scheme only offers a pension for reduced earning capacity, rather than a full pension in the event of occupational disability,” explains Michael Stille, Executive Board Member at Generali Lebensversicherung AG.
The tariff assessment is performed according to a pre-defined procedure and includes criteria such as terms and conditions (50 percent), expertise (30 percent), financial security (10 percent) and application service (10 percent). Terms and conditions are analysed particularly closely for their user-friendliness. In the ‘expertise’ category, the ratings experts examine, among other things, the different service options available to customers. For ‘financial security,’ MORGEN & MORGEN investigates the strength of return offered by the insurer, while under the ‘application service’ section, the comprehensibility of the health questions are placed under the microscope.