WIA gap insurance

WIA gap insurance is also known as WIA insurance or collective WIA insurance. This insurance gives your employees more financial security at the moment they become disabled for a long period of time. As an employer, you are legally obliged to continue paying the wages of an employee who is unfit for work for the first two years. If the employee is still unable to return to work (in full) after two years, he or she will enter the Work and Income according to Labour Capacity Act (WIA). He will then receive WIA benefits. However, this is not equal to a full salary. To prevent your employee from financial problems, as an employer you can take out WIA gap insurance.

What is WIA gap insurance?

If your employee ends up in the WIA after two years of salary continuation, he will receive WIA benefits from the UWV. WIA gap insurance is a supplement to the WIA benefit your employee receives in the event of long-term disability. A WIA gap insurance ensures that sick and disabled employees have more financial security. There are different types of WIA insurance on the market, such as WGA gap insurance and WIA Excedent insurance.

What does WIA gap insurance cost?

Before you take out insurance, you obviously want to know what you will soon pay in premiums. The cost of WIA gap insurance depends on a number of premium determining factors. These are:

• The type of business you have
• The age of your employees
• Your employees' wages
• The number of workers who have been previously disabled

What a WIA gap insurance exactly costs is therefore different for each organization. Should you want to offer the insurance, but cannot afford it, you can also choose to deduct (part of) the premium from the employee's salary. Your employees then decide for themselves whether they want to participate in the insurance or not. The premium of WIA gap insurance is also tax deductible from income tax.

What is the difference between WIA and WGA gap?

WIA is the law for employee disability. The WIA consists of the WGA and the IVA. WGA stands for Work Resumption of Partially Disabled Workers. If an employee is more than 35% incapacitated for work, he faces the WGA. The WGA gap is the loss of income that can occur when an employee is on long-term disability.

WIA insurance provides a supplement to the statutory WIA benefit. This is both on the WGA and IVA benefit. A WGA gap insurance only provides a supplement to a statutory WGA benefit, i.e. in case of partial disability. With a WGA gap insurance your employee will not receive a supplement to the IVA benefit.

Why take out WIA gap insurance?

WIA gap insurance is not a mandatory insurance for an employer. You decide for yourself whether you want to take out such insurance. However, there are a number of collective bargaining agreements that state that taking out WIA gap insurance is mandatory. Even if taking out WIA gap insurance is not mandatory according to your collective bargaining agreement, the insurance has a number of advantages for both employer and employee. With a WIA insurance you reduce the chance of financial problems for your employee. This is because it supplements the statutory WIA benefit. Depending on the type of benefit, the employee's income is supplemented by a certain percentage in the event of long-term disability. This is why WIA insurance is a good fringe benefit. It allows your employee time to get better without having to worry about paying the bills. It is often seen as a sign of good employment practices.

You can offer WIA insurance collectively to your staff. Your employees can then decide for themselves whether or not they want to participate in the insurance.

Take out WIA gap insurance on Alpina.nl

At Alpina.nl , you can request a no-obligation quote for WIA gap insurance. Based on a number of details about your organization, we can give you an accurate quote. Do you have any questions about taking out WIA gap insurance? Then be sure to contact us! Our insurance specialists will be happy to help you.