Personal Accident Insurance

We support an active lifestyle! Hope you do as well. Protect your future and well‑being, take out Personal Accident Insurance on yourself and/or your family members. There may be things that you or your relatives do daily that could lead to an accidental injury, trauma or even death and result to out‑of‑pocket expenses.

In cooperation with AB Lietuvos Draudimas we have prepared Personal Accident Insurance with special conditions for Luminor customers that helps to reduce or prevent financial difficulties associated with injury treatments or accidental death.

Why choose Personal Accident Insurance?

Worldwide protection

With Personal Accident Insurance policy, there is no geographical limitation*. Irrespective of the location of the accident, the insurance coverage is valid worldwide. The coverage is valid 24/7, when you perform work duties, enjoy planned trip, spend leisure time, or pursue an active lifestyle.

*Insurance coverage is not valid on the territories of Belarus and Russia

Extensive coverage

There are a wide range of injuries and incidents that a Personal Accident Insurance scheme will cover. The Personal Accident Insurance is paid if, for instance, in the result of previously unforeseen external circumstances you suffer a trauma, get a serious injury, die or become permanently disabled as a result of an accident.

Affordable costs

The cost of Personal Accident Insurance premium is relatively low compared to Health Insurance and other types of coverage. This Personal Accident Insurance allows you to get an insurance indemnity even if the same insured event is already compensated by Credit Life Insurance, Health insurance or other type of medical insurance (insurance indemnity under this insurance will be paid in addition to insurance indemnity paid under other insurance coverage you may have).

What does Personal Accident Insurance cover?

Individual package

Bone fractures and dislocations (T1)	EUR 4,000
Soft tissue injuries and internal organ damage (T2, minor injuries)	EUR 4,000
Permanent disability and dismemberment (T3, major injuries)	EUR 7,000
Accidental death (M)	EUR 7,000
Leisure sports (e.g., basketball, football, tennis, riding with bike, running, aerobics, yoga, fitness, skiing, etc.)	Included
Professional sports and Extreme sports	Not included
Additional diseases	Not included
Suicide or death due to illness	Not included
Intentional self-injury, trauma due to any illness or disease	Not included
Insurance premium	EUR 28 per year

Family package

Bone fractures and dislocations (T1)	EUR 8,000
Soft tissue injuries and internal organ damage (T2)	EUR 8,000
Permanent disability and dismemberment (T3)	EUR 20,000
Accidental death (M)	EUR 20,000
Leisure sports (e.g., basketball, football, tennis, riding with bike, running, aerobics, yoga, fitness, skiing, etc.)	Included
Professional sports and Extreme sports	Not included
Additional diseases	Not included
Suicide or death due to illness	Not included
Intentional self-injury, trauma due to any illness or disease	Not included
Insurance premium	EUR 70 per year

On Luminor webpage we offer to apply for Individual package that can be treated as optimal level because maximum insurance amount in case of fatal tragedy is close to minimal annual salary in the country. During the meeting with bank’s specialist, you would be able to discuss and choose the insurance package that meets your need:

Standard protection (T1 and T2 up to EUR 4000, T3 and M up to EUR 7000) with the annual insurance premium of EUR 28
Double protection (T1 and T2 up to EUR 8000, T3 and M up to EUR 14000) with the annual insurance premium of EUR 56

With Family package you can insure up to 5 persons. Those persons can be your new-born child, your children under 18 years of age, your spouse, your parents or any other relative with whom you share your dwelling residence. Insured persons up to and including 70 years of age and at least one of them is an adult. The sum insured provided by family package is divided proportionally among the insured family members. For example, for two adults and one child, the sum insured under the T1 and T2 injury tables will be EUR 2667 per family member and EUR 6667 per family member according to the T3 injury injuries table the same number of deaths due to an accident.

Important to know

Insurance will take effect on the 6^thday after entering into the initial insurance contract, i.e., after insurance premium is paid. Initial waiting period does not apply for renewed insurance policy.
Renewed policy is automatically sent via e-mail before the expiry date of the policy. The number of automatic renewals of the insurance contract is not limited.
In case of insurance renewal, if the automatic debiting from the bank account has been selected (valid for contracts concluded no later than 1 January 2020 and only for those customers who have not been informed about the changes), the Bank is debiting the insurance premium 5 (five) days before the expiry of the insurance cover. The Client must ensure the necessary amount in the account in order to debit the insurance premium 5 (five) days before the expiry date of the insurance cover. This way, you will be able to enjoy uninterrupted insurance coverage without any extra effort.
Trauma and injury coverage is valid regardless of whether insured person was intoxicated or not. In case of accidental death insurance indemnity is paid only if alcohol concentration level in the blood of insured person does not exceed 0.4 per mille.

How to apply?

Submit an electronic insurance application, book a consultation online or in a bank office. We will identify the specific insurance need and interest and make a corresponding insurance offer.

Receive the insurance offer by e-mail and conclude insurance contract by paying the insurance premium.

Set up an e. invoice with automatic payment if you plan to renew insurance contract automatically.

Enjoy Insurance coverage. Coverage for all insured risks will take effect when initial waiting period ends. Insurance coverage will continue until the end of the insurance contract. In case of an insured event, fill in the claim notification form online on webpage or call insurance company via phone 1828.

Apply for insurance now

Useful links

Documents

Filled insurance application if you apply electronically
Passport or ID card if you book physical meeting with bank specialist
We will inform if additional documents are needed

When offering the Personal Accident Insurance Luminor Bank AS, reg. No 11315936, address: Liivalaia 45, 10145, Tallinn, Republic of Estonia, represented within the Republic of Lithuania by Luminor Bank AS Lithuanian branch (company code 304870069, address: Konstitucijos ave. 21A, 03601 Vilnius, Lithuania) acts as insurance agent, distributing an insurance on behalf of AB Lietuvos draudimas insurance company (reg. No. 110051834, having its registered office at J. Basanavičiaus g. 12, LT‑03224 Vilnius). Luminor Bank AS shall process your personal data to prepare AB Lietuvos draudimas insurance offer and forward them to insurer.

AB Lietuvos Draudimas as the data controller shall process your personal data (including personal data of special categories and personal identification codes) to secure performance of the insurance agreement and compliance with legitimate interests of the insurer or a third party. More information on personal data processing is available on the website ld.lt under section Privacy Policy, the insurer’s customer service centres or by e mailing your enquiries to the address info@ld.lt.

Before concluding the insurance agreement, please read the Terms & Conditions / rules on insurance and other relevant information of the respective product on Luminor’s webpage and consult a bank specialist, where necessary. There may be limits to certain insured risks and indemnifiable losses. Full information on exceptions and coverage restrictions is included in the insurance agreement and insurance Terms & Conditions / rules on insurance.