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Make a Claim
We know that when an insurance event occurs there are many things you need to do and to think about. We have tried to make the process easier providing you with information concerning the procedure for making a claim for payment of compensation, as follows:
1. Notify the Company for the occurred insurance event, according the general terms and conditions of your policy:
- Death claims: within 7 days considered from date of death (Basic Policy) and within 5 days for accidental death (Rider Personal Accident or Personal Accident insurance).
- For other insurance coverage – within 7 days from the date of event (Permanent Invalidity, Daily Benefits, Surgical Benefit).
The Company receives claim notifications with original documents and/ or certified copies in its Head office at address:
ALICO Bulgaria Zhivotozastrahovatelno Drujestvo EAD
51B Bulgaria Blvd.
1404 Sofia, Bulgaria
ATTN: Claims department
Phone: 02/8186 200
2. Depending on the type of the occurred insurance event, You should enclose to Your declaration for occurrence of insurance event different documents and forms, as specified below.
According to the explicit authorization of the insured/owner or beneficiary of the policy, the Company can carry on from third parties related to and required for the clarification of the circumstances of the insurance event and defining the grounds and amount of the claim. The Company obligates not to request from the third parties information and documents not related to and not required for the clarification of the circumstances of the insurance event and defining the grounds and amount of the claim.
3. All documents sent to us should be in Bulgarian language. In case the originals are in any different language, there should be attached a translation made by officially authorized translator.
4. The payment of policy benefits is made in the currency, stated in the policy. It is possible to pay the equivalent in BGN of a benefit due in foreign currency (using the exchange rate of the Bulgarian national bank of the day). Payment could be made in cash (up to 300 BGN) or by bank transfer to the bank account provided by the respective beneficiary. The payment is effected within 15 days, in keeping with the Insurance code and under the condition that the beneficiary has provided in writing a bank account for payment of the benefit (except when the latter is payable in cash according to these rules).
5. Detailed Internal regulations for claims handling procedure could be found here.
6. Procedure for handling costumers’ complaints could be found here.