Risk life insurance

Life insurance supports your family when you are unable to do so

Insure your life if You have:

  • close ones you care about and who are dependent on your income;
  • no financial resources for coping with unexpected life changes;
  • loan commitments.

Find suitable life insurance

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We can recommend life insurance if your age is between 18-69.

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Life insurance can be recommended if your income is at least 300€.

Your loan obligations

Mortgage in Swedbank? Log in for more detailed calculation.

Life sum insured


Total insurance cover
0
Sum insured (life, traumas insurance)
Life sum insured
Mortgage null sum insured
Mortgage null sum insured
Mortgage null sum insured
No work ability sum insured
Trauma sum insured
Total first monthly payment
Discount
0%
Total monthly premium
0

The insurance calculation is based on age, income, desire to protect your close ones and cover your loan obligations.

Swedbank Life Insurance SE processes your personal data by automated means, including profiling, to assess insurance risk, calculate premium and sum insured and conclude insurance contract. We process health and other data we receive from you and data we have in existing and previous insurance contracts and applications as well as data shared by “Swedbank” AB, such as age and loan data, if applicable. Contract conclusion may be fully automated. Please read more from our Principles of Processing Personal Data here.

Do You have any questions?

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Who is it for?

Life insurance helps your loved ones overcome financial obstacles in case you are no longer able to support them.

Do you take care of your family's monthly utility bills? Do you repay loans on a monthly basis? Do you take care of the expenses related to your children’s education, hobby groups?

If these expenditures are your responsibility, you should think of creating a financial safety net for your family for cases when you cannot help them anymore.

What risks could be covered?

Life insurance and additional covers could:

  • Provide your family with financial support in case of your death;
  • Help you and your family financially if in case of illness or accident you become permanently incapable of work;
  • Help yourself and/or your family pay back loans in case of death or permanent incapacity of the insured (you).

For a more detailed overview, see Conditions and Fees.

What other risks can be covered?

Life insurance may be upgraded with additional covers.

  • Trauma cover helps you in the event of an accident in case of insured event. It provides additional insurance benefit if you incur serious injuries (such as bone fracture). It will not cover temporary illness such as flu or pneumonia.

For a more detailed overview, see Conditions and Fees.

Insuring your life is simple and it can be done easily via Internet Banking.

  1. Start with providing information so we could suggest suitable solution;
  2. Follow the instructions to apply;
  3. The insurance cover will enter into force within 1 day after the insurance contract is signed; If underwriting is needed – contract could be signed after underwriting procedure.
  4. If medical examination is needed, it is free of charge.
  5. Tell your family about your life insurance contract so they’ll know where to seek help if something happens to you.
  6. You can withdraw from the contract at any time – cancelling the contract is free of charge.

Fees

Insurance cover Monthly payment, EUR
Life and disability insurance premium per month Depends on your age, state of health, sum insured and other risk factors.
Trauma insurance premium 4.90
Service Monthly payment, EUR
Contract conclusion Free of charge
Contract amendment Free of charge
Early termination of the contract Free of charge

Effective from 2020.09.10

Conditions

In case of an insurance claim, fill in the application via Internet Banking or contact us by phone on 1884 for information and further guidance.

Please be informed that:

  • In the case of death of the insured person, the sum insured will be paid to the person designated in the contract or inheritor.
  • In the event of a trauma the indemnity insurance amount will be paid to you directly.
  • In case of inability for work (disability) the indemnity insurance amount will be paid to you directly or to the beneficiary designated in the contract.
  • In the case of trauma protection, the person will be compensated for injuries (e.g. broken bones, tears) that have been caused by accidents (e.g. a fall, being hit, collision, attack). Trauma is not an illness (e.g. influenza, spondylosis), muscle pain caused by exercise or chronic pain (e.g. back pain, knee pain or shoulder pain).
  • Inability to work (disability) is capable to work by 30% or less, caused by long-term serious illness or injury, determined by the (local institution name) and issued for at least 12 months.
  • Insurer makes the decision and insurance indemnity is paid no later than within 30 calendar days from the date when all information and documents concerning the event is received.

Home is where the heart is and where you meet your loved ones. Make sure your home is covered with proper home insurance.

Interested in saving with tax benefits? The 3rd pillar pension funds are the only long-term saving option that the state supports by providing tax relief. Start saving and benefiting from tax return.

Insurance that helps you with loan repayments in case of losing your job or capacity for work.

Contacts

Insurance claims handling

In the case of an insured event, please notify us either personally or via a family member at the earliest opportunity.