In the event of illness, neither the LAA nor the AVS replaces the salary. Daily allowance insurance (IJM) takes over.
A prolonged incapacity for work can endanger a company as much as a self-employed person. IJM pays an allowance (often 80% of salary) after a chosen waiting period.
The right waiting period is a trade-off: the longer it is, the lower the premium, but the more your cash flow has to absorb the start of the absence.
We calibrate the cover (rate, duration, waiting period) precisely for your situation.
For the employer, daily allowance insurance covers the legal obligation to continue paying salary during illness. For the self-employed, it protects their own income, which no automatic mechanism guarantees.
The LAA covers the aftermath of accidents; daily allowance insurance covers loss of income due to illness, which the LAA does not.
We analyse your situation and guide you to the best option.
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