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 is always customer-specific and based on your age, state of health, the amount of cover and whether you use tobacco products. Your state of health may also affect your eligibility for insurance or the terms of your insurance policy.

Price examples for a 35-year-old

Compensation amount of 30,000 €

• Customers with a home loan: 4.20 euros per month

• Premium Customers: 3.96 euros per month
• Customers with K-Plussa membership: 4.45 euros per month
• Price without any discounts: 4.95 euros per month

The prices include our limited-time offer where you get 50% off for the first 6 months. 

The price examples are based on a non-smoker, who is in good health. 

Now available for a limited period: critical illness cover -50% for the first 6 months

Campaign details

• Discount on: Nordea MyLife critical illness cover. The discount applies to new insurance policies taken through our self-service channels or Nordea distribution network.
• Campaign period: 1 September – 30 October 2025
• Discount: 50%
• Discount period: 6 months
• Note these as well:
  • Discounts offered to Nordea’s customers are also valid during the campaign period. If the policyholder is entitled to a discount because they are a Nordea customer, this discount is deducted from the insurance premium before the campaign discount.
  • Example: Nordea’s home loan customer takes out an insurance policy with critical illness cover during the campaign period. The insurance premium is first deducted by 15%, which is the benefit for home loan customers. Secondly, the campaign discount, 50%, is deducted for the first 6 months.
  • You don’t need to be a Nordea customer to take out the insurance policy and get the discount.
  • You won’t get the campaign discount if you terminate a corresponding insurance policy with Nordea and take out another one.
  • Insurance policies will be issued in compliance with Nordea Insurance’s normal customer and risk management guidelines.

  Other discounts:

  • Home loan customers -15%
  • Premium and Private Banking customers -20%
  • K-Plussa customers -10%
    • Note: the K-Plussa discount can’t be combined with Nordea’s customer discounts. You will always get the best discount you’re eligible for.

  Calculate price (calculator is 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 wellbeing 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 (material is 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

Insurance provider

Critical illness cover is issued by Nordea Insurance Finland Ltd (Business ID 2868440-8) through its agents Nordea Bank Abp and Kesko Corporation. The well-being benefit add-on is offered by Nordea Insurance Finland Ltd. The Nordea MyLife app is provided in cooperation with Wellmo (Mobile Wellness Solutions MWS Ltd).

The detailed criteria for claims and the insurance benefit 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 claims 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. Taxation may change during the contract period.