What social insurances are applicable in Curaçao?

  • Modified on: Mon, 19 Mar, 2018 at 6:56 PM

AOV insurance

The AOV stands for General Retirement Insurance. This is a national insurance that guarantees to provide of basic pension from the SVB to those who have reached retirement age.

Total AOV insurance premium is 15%. There is an employer’s contribution of 9% and an employees' contribution of 6%. Employees that earn more than ANG 100,000 per year pay an additional 1% employee contribution over the excess.


AWW insurance

This is a general insurance that guarantees financial support to a spouse upon the death of his/her spouse and the children upon the death of their father/mother.

The total AWW premium is 1%. There is an employer's contribution of 0.5% and an employee contribution of 0.5%.


AVBZ insurance

The AVBZ is a national insurance that provides entitlement to an allowance for the costs of medical treatment and care of chronic diseases.

The total AVBZ premium is 2%. There is an employer's contribution of 0.5% and an employee contribution of 1.5%.


BVZ insurance

The basic health insurance is a healthcare insurance and is in the interests of uniform access to healthcare.

The total BVZ premium is 13.6%. There is an employer's contribution of 9.3% and an employee contribution of 4.3%. The total premium for pensioners is 6.5%.

No BVZ premium is payable on incomes up to ANG 12,000 per year. On incomes between ANG 12.000 to ANG 18.000 per year, the BVZ Gliding Scale is applicable that includes discounts on the BVZ employee premium contribution.


ZV insurance

After the introduction of the BVZ insurance, ZV only covers the insurance on the risk of 'salary payment during disability', also called Wage Loss (in Dutch: Loonderving).

An employee is obliged ZV insured when:

  1. he/she performs work for an employer in employment, or in person contracted work labor;
  2. he/she earns less than the SVB Wage Limit (2017: ANG 5,417.10 p/m) and
  3. he/she is working on five or more days a week.

The ZV premium is 1.9% and is fully paid by the employer.


OV insurance

Each employee is obliged insured by OV insurance against industrial accidents, regardless of the number of working days per week and the amount of the salary earned.

The OV premium ranges from 0.5 to 5% (depending on SVB Accident Class), and is fully paid by the employer.


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