Financial security in the event of permanent loss of earning capacity
The benefit is paid out when your general earning capacity in any occupation is permanently reduced to 50% or less of full earning capacity
- Compensation for long-term loss of earning capacity
- Opportunity to spend the money on making a changed everyday life easier
- Paid as a tax-free lump sum
The insurance includes a cover which is paid out if you lose your ability to work permanently and you can no longer return to the labor market.
The amount of coverage can either be a fixed amount or follow your salary.
You must submit the claim to us by filling out a form. Then we assess your ability to work.
Cover is paid:
- In case of permanent loss of ability to work
- As a tax free lump sum
Assessment of loss of earning capacity
In assessing your loss of earning capacity, we assess, taking into account your current state of health, education and previous employment, how much your ability to work has been reduced. To be entitled to lump sum benefit, your ability to work must be reduced to 50% or less of full earning capacity in any profession.
The general earning capacity means the earning capacity in relation to
both the insured’s current occupation and other occupations, solely restricted by the insured’s health conditions. The granting of public disability pension or flexjob and other public benefits or contributions does not involve a right to payment of insurance benefits since these are granted according to other rules.
You can purchase the insurance if you:
- are between 16 and 66 years of age
- live and are registered as a resident of Denmark
- have a right to claim benefits from the Danish public social security benefits
The insurance can be purchased up until the day you turn 66 years of age.
The insurance can be taken out as an individual or via a company insurance agreement.
The insurance can purchased from 16 up to and including 66 years, and can apply up to and including the month in which you turn 67 years old. The insurance no longer applies upon termination or with termination of the agreement in which the cover is taken out.
The price is calculated on the basis of which agreement is used, the size of the cover and whether it is taken out as individual insurance or through a company.
Contact an insurance intermediary and get a quote.
Terms and forms
We have gathered all our insurance terms and forms on one page.