Critical illness cover

• An indemnity is paid for eight different illnesses or medical treatments: cancer, MS disease, heart failure, acute angioplasty, coronary artery bypass, stroke, renal insufficiency and major organ transplant. 
• We will pay the tax-exempt indemnity to you soon after the required diagnosis or treatment measure has been made. Up to 90% of claims will be paid out within 5 days of us receiving the completed claim form and the required appendices.
• You can use the insurance indemnity in any way you like – on anything you find important during your convalescence. 
• You can choose whatever amount of indemnity that best suits your needs. If you buy the insurance online, you can choose an indemnity between 10 000 and 300 000 euros. It is possible to change the indemnity, for example, if your circumstances change.

• Every fifth Finn will fall critically ill while still actively working, and every third Finn will develop some form of cancer during their lifetime.
• A long sick leave may cut your earnings by as much as half, so you may struggle to cope with your loan repayments and other daily expenses. Your earnings will take an even bigger hit if you have to stop working altogether as a result of your illness.
• 9 weekdays – this is the period your employer is liable to pay salary to you during a sick leave in addition to the day on which you fell ill. After this, your income will be based on Kela’s sickness allowance unless otherwise stated in your collective agreement. 
• It’s not only middle-aged and older people who are affected by critical illnesses. If you are young and healthy and just starting out your career or don’t have a regular income yet, an insurance policy can help protect you financially if you fall critically ill.  

The price of the insurance policy is determined individually and it depends on your age and the indemnity you have chosen. The use of tobacco products affects the insurance premium. 

As a Nordea customer, you can get a discount on your insurance policy. If you have a home loan from us, we offer you a 15% discount on new MyLife insurance policies. If you are our Premium Customer or Private Banking customer, your discount is 20%.

Calculate price (in Finnish)Opens new window

• Half an hour of brisk physical exercise a day will raise your insurance cover by 15%. 
• One hour of brisk physical exercise a day will bring you a 25% raise to your insurance cover.

This free-of-charge benefit is included in your MyLife insurance policy. Read more about the well-being benefit.

Nordea MyLife insurance as well as all product material and customer service related to Nordea MyLife is offered only in Finnish or Swedish. The contractual language used is either Finnish or Swedish, and the purpose of the information provided on this website is only to give a general overview of Nordea MyLife.  

Terms, product description and additional information (in Finnish)

• Nordea MyLife termsOpens new window
  
• Nordea MyLife product descriptionOpens new window

• Critical illness cover, additional informationOpens new window

Nordea MyLife well-being benefit

• Nordea MyLife well-being benefit termsOpens new window
• Nordea MyLife application terms and conditionsOpens new window
• Nordea MyLife application privacy policyOpens new window

Critical illness cover is issued by Nordea Insurance Finland Ltd (Business ID 2868440-8) either through its agent Nordea Bank Abp or its own sales channel. The detailed indemnification criteria and indemnification restrictions related to the different kinds of cover are stated in the insurance terms and conditions and in the product description specifying their meaning. The general limitations on indemnity are laid down in the Finnish Insurance Contracts Act. The operations of Nordea Insurance Finland Ltd are supervised by the Finnish Financial Supervisory Authority, www.finanssivalvonta.fi. The well-being benefit is provided in co-operation with Benify Ab.