Contact
- 24-hour emergency care 900 61 00 61
- Foreign +34 91 919 61 61
- Monday to Sunday from 8 a.m. to 10 p.m. 900 61 00 61
- Other ways to contact
What are mutual insurance companies?
Mutual Insurance Companies are private associations of employers constituted by authorization of the Ministry of Inclusion, Social Security and Migration and registration in the special Register dependent on it, whose purpose is to collaborate in the management of Social Security, under the direction and supervision of the same, without profit motive and with their members assuming joint responsibility in the cases and with the scope established in this law.
Once they have been set up, Collaborative Mutual Societies with the Social Security Institute acquire legal personality and capacity to act towards the fulfilment of their purpose. Their field of action extends to the entire State.
Purpose of mutual insurance companies
The purpose of the Mutual Insurance Companies collaborating with Social Security is to develop, through collaboration with the Ministry of Inclusion, Social Security and Migration, the following Social Security activities:
- Management of financial assistance and healthcare, including rehabilitation, within the scope of protection against work-related accidents and occupational diseases of the Social Security Institute, as well as activities to prevent the same contingencies covered by the protective action.
- Management of the temporary disability allowance deriving from non-work related accidents and diseases.
- Management of the benefits for risk during pregnancy and risk during breastfeeding.
- Management of the financial assistance for cessation of activity of self-employed workers.
- Management of the benefit for the care of minors suffering from cancer or another serious disease.
- The other activities of the Social Security Institute that are legally assigned to them.
Work accidents and occupational diseases covered by Social Security
Temporary incapacity resulting from various common contingencies
Risk during pregnancy and risk during breastfeeding
Due to the cessation of activity of those workers who are self-employed
Care for Minors suffering from cancer or another serious disease.
Other Social Security activities that may be legally assigned to them
Key features
If as a result of the management carried out by a Mutual Society, income is greater than expenses, the difference will be given back to the Social Security Institute. This revenue surplus is called surpluses and not profits, as they are known in a private company.
The company can freely choose which mutual insurance company to join or even if it wants these contingencies to be covered by Social Security itself.
They require their authorization to be set up. Their financial management depends on the General State Budgets and their accounts are audited annually by the aforementioned ministry.
To have at least 50 associated employers and 30,000 protected workers and a volume of contributions no less than that legally determined (currently €9 million) and, finally, to provide a guarantee that is determined based on the volume of contributions to be collected.