global solutions
global solutions
locally focused
locally focused
our Network Partner in Argentina
HSBC-NYL
HSBC/ New York Life started its operations in 1994 as a subsidiary
of La Buenos Aires Casualty and Property, founded at the beginning
of the 20th century, and is today first in assets and in group
life. The Leng Roberts Group and New York Life are important
shareholders.
DEATH AND PERMANENT DISABILITY BENEFITS
- Insured supplemental lump sum benefits are market practice in Argentina
- Typical coverage
-
Death: 24 times monthly base payAccidental death: double indemnity, i.e., 48 times monthly base payPermanent disability: 24 times monthly base pay
HEALTH CARE
For non-union employees most companies provide supplemental
coverage
It is common to have different coverages offered to
different employee levels
RETIREMENT
Supplementary retirement benefits are common for middle
management and above
There is a trend towards DC plans
Av. de Mayo 701 - 16th Floor
C1084AAC Buenos Aires
Argentina
Robin Campbell
+54 1 14348 2696
Insurope Local Website
ar.insurope.com Use this link to access a local country specific site on Insurope from a local market perspective. It may be helpful to refer this site to local subsidiaries and advisers as it also covers the mechanics of multinational pooling from a local perspective in the local language.
Minimum Lives criteria:
no minimum lives
Local Services
• Insurope Local Service Standards - Primary Data - Argentina(PDF 952Kb)