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Life insurance - take life insurance today

A life insurance policy is to secure the wellbeing of your family in case of your passing. Taking out a life insurance policy is therefore especially important if you have a spouse or children or you share a loan with someone.

Life insurance to secure the finances of your family

Lower finances after the death of someone close to you often come as a surprise to many. The one-off indemnity we pay to your family members will help them cope with any financial difficulties they may face.

Why life insurance?

  • Your life insurance policy will protect your family’s income should you pass away. Taking out a life insurance policy is therefore especially important if you have a spouse and/or children.
  •  The insurance indemnity may help them pay daily expenses, meet loan repayments or deal with their new life situation. 
  •  The indemnity may also come in handy in inheritance tax payments. It makes it possible to avoid situations in which property would otherwise have to be realised hastily or at an inopportune moment.
  •  The indemnity will be paid as one-off compensation to the beneficiary you have designated to us. We will pay 90% of claims within 5 days of us receiving the completed claim form and the required appendices. 
  • A life insurance policy has no effect on any statutory compensation paid to your next-of-kin.
  • You can choose the amount of the indemnity. When bought online, the amount
    may be EUR 10 000–500 000.
  •  You can raise the amount by 15–25% with physical exercise. Unique benefit from Nordea only!

Life insurance reduces worries about the future

  • Every year, 10 000 Finns of working age die of an illness or accident.
  • Only a third of Finns are prepared by having taken out a life insurance policy.
  • Of those who have bought life insurance policies, 87% are satisfied with their purchase decision and relieved as the matter is out of the way.

Source: Insurance survey 2020 by Finance Finland

Life insurance indemnity

What does life insurance indemnify and how is it paid?

  • The indemnity from your life insurance will be paid as one-off compensation to the beneficiary designated by you if you pass away due to an illness or accident. You can also choose a person other than a next-of-kin as the beneficiary of the indemnity – in principle, anyone.
  • Up to 90% of claims will be paid out within 5 days of us receiving the completed claim form and the required appendices.
  • In the event of death, the indemnity paid to the next-of-kin is taxed in connection with inheritance taxation. A death benefit payable to other persons than close relatives is considered taxable capital income in full.
  • If your life insurance is pledged for a loan, the share of the insurance indemnity used for the loan repayments is tax-exempt.
How much does a life insurance policy cost?
Free additional benefit for your insurance
Terms and conditions and product material (only in Finnish)

What does life insurance indemnify and how is it paid?

  • The indemnity from your life insurance will be paid as one-off compensation to the beneficiary designated by you if you pass away due to an illness or accident. You can also choose a person other than a next-of-kin as the beneficiary of the indemnity – in principle, anyone.
  • Up to 90% of claims will be paid out within 5 days of us receiving the completed claim form and the required appendices.
  • In the event of death, the indemnity paid to the next-of-kin is taxed in connection with inheritance taxation. A death benefit payable to other persons than close relatives is considered taxable capital income in full.
  • If your life insurance is pledged for a loan, the share of the insurance indemnity used for the loan repayments is tax-exempt.

How much does a life insurance policy cost?

The price of a life insurance policy is customer-specific and based on your age and the amount of indemnity you have chosen.

Check our recommendation for a policy suited to your needs and calculate the price with our insurance calculatorOpens new window

Insurance-related customer bonuses

As a Nordea Premium Customer or Private Banking Customer, you are entitled to a continuous 20% discount on the list price of any insurance. The discount is shown in the insurance calculator after you have authenticated your identity.

Raise your insurance cover by 15–25% with physical exercise

Nordea personal insurance is the only insurance in Finland that rewards you for being physically active – you take exercise and we reward you with a better insurance cover.

  • 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 terms and conditions and product material (only in Finnish)

Vakuutusturvia koskevat lisätiedot

Nordea MyLife hyvinvointietu

Voit hakea Nordea MyLife -henkilövakuutusta, kun olet 18-63-vuotias ja asut pysyvästi Suomessa. Henkilövakuutuksen hinta muodostuu yksilöllisesti ja siihen vaikuttavat ikäsi, valittavien vakuutusturvien turvamäärät sekä vakavan sairauden turvassa tupakointi.  

Vakuutusturvat työttömyyden ja tilapäisen työkyvyttömyyden, vakavan sairauden ja pysyvän työkyvyttömyyden varalta myöntää Nordea Vakuutus Suomi Oy (Y-tunnus 2868440-8).  Henkivakuutuksen eli kuolemanvaraturvan myöntää Nordea Henkivakuutus Suomi Oy (Y-tunnus 0927072-8). Nordea MyLife -vakuutukseen liitettävän hyvinvointiedun tarjoaa Nordea Henkivakuutus Suomi Oy tai Nordea Vakuutus Suomi Oy. Nordea Henkivakuutus Suomi Oy ja Nordea Vakuutus Suomi Oy myyvät Nordea MyLife -vakuutusta asiamiehenään toimivan Nordea Bank Oyj:n kautta. Tarkat vakuutuskorvausten perusteet sekä eri vakuutusturviin liittyvät korvausrajoitukset ilmenevät vakuutusehdoista sekä niiden merkitystä tarkemmin selventävästä tuoteselosteesta. Yleisistä korvausrajoituksista on säädetty vakuutussopimuslaissa. Nordea Henkivakuutus Suomi Oy:n ja Nordea Vakuutus Oy:n toimintaa valvoo Finanssivalvonta, www.finanssivalvonta.fi. Verotiedot 15.6.2021 tilanteen mukaan. Verotus voi muuttua sopimusaikana.

Nordea MyLife -sovellus on tuotettu yhteistyössä Benify Ab:n kanssa.