COVID-19 insurance
COVID-19 insurance is a unique service available only to companies, introduced by BALTA when the COVID-19 pandemic started to provide additional financial support to company employees in the event of COVID-19.
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A one-off claim is guaranteed if a person is admitted to an inpatient hospital.
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No hidden conditions – four insurance programmes and a fixed premium for the whole period.
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Easy claiming and fast payouts on the mobile app, webiste or by calling 675 333 75.
Security for employees – tax relief for the company!
Companies that purchase COVID-19 insurance for their employees can receive tax benefits in accordance with the laws and regulations of the Republic of Latvia. Contact the State Revenue Service for more information.
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One-off financial claim payment
We will pay a one-off claim of EUR 1000–6000 under the chosen COVID-19 insurance coverage in the event of a person being admitted to an inpatient hospital.
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Hospital allowance
In the case of falling ill with COVID-19, according to the chosen insurance coverage, we will pay a claim of EUR 30–100 for each day spent in an inpatient hospital, starting from the sixth day and up to the sum insured of the risk Hospital Allowance.
- Number of employees in the company: minimum 15
- Insured persons: all company employees aged 18–64
- Insurance period: 1 year
- The insurance premium is fixed for the duration of the contract and is non-refundable for any unused insurance period
COVID-19 insurance programmes
BALTA offers four COVID-19 insurance programmes, which provide a financial indemnity to employees in the event of falling ill with COVID-19 for each day spent in an inpatient hospital, starting from the sixth day and up to the sum insured of the risk Hospital Allowance. The policy also provides for a one-off additional indemnity of the full amount of the COVID-19 sum insured under the chosen programme.
COVID-19 is subject to a waiting period of three days from the start date of the insurance contract.
To find out more or to purchase one of these programmes, book a consultation.
Submitting a claim
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RECEIVE A DECISION
After reviewing your claim, we will inform you about the decision and the compensation.
- Results of medical examinations confirming the presence of COVID-19.
- An excerpt from inpatient medical record.
- Other documents upon request.
Frequently asked questions
Yes, it is possible.
The insurance coverage comes into force if the insured person is diagnosed with COVID-19 and is treated in an overnight inpatient hospital for at least six consecutive days. COVID-19 is also subject to a waiting period of three days from the start date of the insurance contract.
BALTA offers four COVID-19 insurance programmes with insurance premiums ranging from EUR 12 to EUR 36 per person.
The claim payment is made to the insured person, i.e., the company’s employee.
COVID-19 is subject to a waiting period of three days from the start date of the insurance contract.
The waiting period does not apply if the insurance contract is renewed without interruption.