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Read more about life insurance

Read more about the critical illness cover

Read more about the permanent disability cover

Read more about unemployment and sick pay insurance

What does the well-being benefit mean?

  • It is a free feature of Nordea MyLife personal insurance that helps you to increase your insurance cover without additional costs.
  • You’ll get better insurance cover by exercising regularly! This means doing an activity that makes you breathe faster and raises your heart rate. You can walk, run, exercise, dance or pick any other sport you enjoy. 
  • 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.
  • The increase in insurance cover is determined by your physical activity data. The duration and intensity of your exercise is converted into activity points, the average of which determines your activity level.
  • You can easily track your earned activity points by downloading the MyLife app to your phone.
  • You can increase your life insurance cover, critical illness cover, permanent disability cover or your cover for death or permanent disability caused by an accident.

Take advantage of the discount prices for Nordea customers

  • 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%.

This is how getting active can increase your insurance cover

An example of 15% increase

  • If the benefit amount you choose is EUR 50,000 and you do 30 minutes of physical exercise a day, you can get a 15% raise to your insurance cover. If the insured event occurs, the insurance benefit will be EUR 57,500.

An example of 25% increase

  • If the benefit amount you choose is EUR 100,000 and you do 60 minutes of physical exercise a day, you can get a 25% raise to your insurance cover. If the insured event occurs, the insurance benefit will be EUR 125,000.
How does the well-being benefit work?
MyLife incurance covers
Product material and insurance provider

Select the insurance covers that suit your MyLife personal insurance the best

You can select one or more of the following insurance covers and include them in your personal insurance policy. 

Critical illness cover

  • An excellent choice when you want to protect your finances in the event of being diagnosed with a serious illness. It helps secure your family’s income in times of financial hardship.
  • You can claim compensation for eight illnesses or treatments, and use the compensation as you like – for whatever you feel is important. 

By taking advantage of the well-being benefit, you can increase your critical illness cover by 15% or 25%.

Read more about critical illness cover

Life insurance

  • Life insurance provides income for your loved ones and helps them cope financially if you were to die. Taking out a life insurance policy is therefore especially important if you have a partner and/or children.
  • The compensation will be paid as a lump sum to the beneficiary you have designated. The beneficiary is free to use the compensation for anything necessary, such as daily expenses, loan repayment or inheritance tax.

By taking advantage of the well-being benefit, you can increase your life insurance benefit by 15% or 25%.

Read more about life insurance

Permanent disability cover

  • A permanent disability cover secures your income if you are not able to return to working life due to an illness or accident.
  • The additional cover is especially important if your family’s livelihood depends on your income, if you have dependants or if you manage your finances alone.
  • The cover will pay out a tax-free lump sum to help you compensate for lost income.

By taking advantage of the well-being benefit, you can increase your permanent disability cover by 15% or 25%.

Read more about permanent disability cover

Cover for death or permanent disability due to their state of health

  • Our policy pays out a sum of money if you die or suffer a permanent disability as a result of an accident.
  • You don’t need to submit a health declaration to take out this insurance policy, making it a good option also for those who are not eligible for more comprehensive insurance cover for death or permanent disability due to their state of health.

By taking advantage of the well-being benefit, you can increase your cover by 15% or 25%.

Read more about cover for death or permanent disability due to their state of health

Cover for unemployment and temporary disability (sick leave)

  • Having an insurance cover for unemployment and temporary disability helps you in securing your monthly loan payments even if your income fell temporarily.
  • This cover is always linked to a Nordea loan (a home loan, for example), and the compensation is used for repaying the loan.

You can’t use the well-being benefit to increase your cover for unemployment and temporary disability, but you will get all other benefits available in the MyLife app.

Read more about cover for unemployment and temporary disability

No insurance policy yet?

Buy a policy quickly and easily! You will get a recommendation for the most suitable insurance for you. You can buy cover for critical illness, death and permanent disability online.

Check our recommendation and buy online (in Finnish)

Contact form

Do you want to be covered for accidental death or permanent disability or unemployment and temporary disability? Fill in our contact form and we’ll get back to you.

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Personal customers