Life insurance

Only on 20 September life insurance for one year 25% off!

Sign a life insurance contract in internetbank. It`s more convenient.

Family can be protected in difficult times by saving up or insuring your life.

For example, € 20,000 protection will be provided to you:

by insuring in € 7 per month** 5 minutes
by saving € 200 per month 8 years

NEW OPPORTUNITY! Now you can add Trauma insurance to your Life insurance contract.

** The estimated payment given in the example applies for the Life insurance plus of € 20,000 to a 30-year-old person with healthy lifestyle.

The 25% discount on life insurance applies to new Life Insurance, Life Insurance Plus and Loan Insurance agreements.

Flexible financial protection

Select insurance cover meeting your needs and the needs of your close ones. We offer three insurance packages, but if you wish, it is also possible to design an insurance contract with a sum insured corresponding to your needs. Swedbank’s life insurance contract includes cover for the death of the insured person as well as in the event of no work ability. Read more about the risks covered and examine the terms and conditions of the product, the validity of the cover, and exclusions. The minimum sum insured included in the contract is 20,000 euros, and the maximum limit depends on the health and financial data of the person signing the contract and may amount to hundreds of thousands of euros.

Healthy lifestyle discount

If you are healthy and your lifestyle shows that you care about your health, you will get a 10%* discount on life insurance. To receive the discount, you will have to comply with the following criteria:

you have not smoked for two years;
your body mass index** is between 18 and 29;
You have not been diagnosed chronic diseases or other health issues, witch requires regular treatment or supervision of doctor, and your hobby and/or occupation is not rated as higher risk activity.

* The maximum discount together with the discount of the sum insured is 25% of the insurance premium.

** The body mass index is a value expressing the ratio of a person's weight and height. To find the body mass index, the weight in kilograms is divided by the square of the person's height in metres. Example: the body mass index of a man who is 180 cm tall and weighs 84 kg is: 84 / 1.8 ² = 26

Extensive cover means better price

Based on the sum insured, you can get up to a 25% discount on life insurance. The discount depends on the amount of the sum insured but applies to the entire insurance premium:

Sum insured (€)	20 000–49 999	50 000–74 999	75 000–99 999	≥100 000
Discount percentage	0%	10%	15%	25%

* The maximum discount together with the healthy lifestyle discount is 25% of the insurance premium.

Indemnity payment to the person you have designated

In the case of insured event, the sum insured will be paid to the person you have specified in the contract. Usually it is your family member or a person important to you. In the case of an insured event, the beneficiaries can be paid indemnity before succession has been formalised.

Upon permanent disability cover the benefit will be paid out to you.

Convenient monitoring of the contract in the Internet bank

You will find detailed information about your contract in the Internet bank, where it is possible to view the sums insured, read the terms and conditions, and make amendments in the contract.

If you have any questions, you will get quick answers from the Investment Helpline on 613 1606 (Mon-Fr 8:30 – 18:00). The Investment Helpline will also help you if you wish to amend the life insurance contract.

Activities in the event of establishment of permanent incapacity for work

An indemnity for the supplementary insurance of permanent incapacity for work can be applied for in the event that the Social Insurance Board establishes the permanent incapacity for work of 90–100% for at least one year or, for two consecutive times, incapacity for work for six months.

Please inform the insurer of the event as soon as possible. The notification shall contain:

the name and personal identification code of the insured person;
the date of the decision of establishment of permanent incapacity for work;
the diagnosis of the disease or injury causing the incapacity for work;
the name and contact data (phone, e-mail address) of the person notifying.

In order to apply for the indemnity of the insurance of permanent incapacity for work, an application of payment of the insurance indemnity in an agreed form and the following documents shall be submitted to the insurer:

identification document;
decision issued by a competent national body (Social Insurance Board) of the Republic of Estonia, confirming the permanent incapacity for work of the insured person and containing information about the reason for determining permanent incapacity for work, the period of permanent incapacity for work, as well as the rate of loss of capacity for work (%);
description of the state of health in order to establish a disability (a document which shall be presented to the committee of the Social Insurance Board by a family or attending physician);
copies of health files;
upon request of the insurer, an excerpt from the patient's card of out-patient and/or in-patient treatment, indicating the precise diagnosis of the disease and the results of medical survey confirming the diagnosis;
upon request of the insurer, the documents issued by investigative body/bodies and/or the court regarding the reasons and circumstances of the accident;
any other documents as requested by the insurer.

Activities in case of death of the insured person

We request that relatives or family members notify the insurer of the death of the insured person as soon as possible.

The notification shall contain:

the name and personal identification code of the insured person;
the date of death, as well as the diagnosis of the disease or injuries causing the death;
the name and contact data (phone, e-mail address) of the person notifying.

In the event of death of the insured person, an application for the payment of insurance indemnity in an agreed form and the following documents shall be presented to the insurer in order to pay the sum insured:

identification document;
death certificate;
medical death notice;
upon request of the insurer, a copy of the health file of the person insured, if the person insured died because of a disease;
decision of investigative bodies and/or a formal assessment of a forensic medical expert about the reasons and circumstances of death, if the person died as a consequence of violence, suicide, sudden death, or accident;
any other documents as requested by the insurer.

In the event of an insured event, the sum insured shall be paid to the beneficiary defined in the contract.
If such persons are the insured person’s successors, the above-specified documents must be supplemented by a contract on the division of estate or a succession certificate. Upon submission of a succession certificate, the successors must submit the application for the payment of the insurance indemnity simultaneously, and agree upon the division of the insurance indemnity, signing all payment applications of each other.

Loss adjustment

In the event that the fulfilment or the extent of fulfilment of the obligations of the insurer depends on any circumstances that are found out during criminal or administrative proceedings or misdemeanour procedure or judicial proceedings, the insurer shall be entitled to make a decision regarding payment of the insurance indemnity or refuse to make the payment until termination of the judicial proceedings or entry into force of court judgment or a resolution of any other competent person.

The insurer shall be at any time entitled to request necessary information and obtain additional evidence in order to determine the circumstances of the insured event. A decision regarding the fact whether the insurer shall be obliged to pay the insurance indemnity on the basis of the contract, shall be made by the insurer within 30 days after receipt of all documents requested by the insurer.
The insurer shall reply in writing to all applications for an insurance indemnity.

You will be contacted in order to get additional information.

Contact details:
Phone 613 1606
E-mail elukindlustus.kahjud@swedbank.ee

	Life Insurance Plus Compensates for the loss of income, covers major liabilities, and other expenses.	Life insurance Covers for the loss of income of a close one.
Sum insured	20 000 - 250 000 €	13 260 €
Life insurance cover	Yes	Yes
No work ability cover	Yes	-
Double cover in case of traffic accident	-	Yes
Trauma insurance - NEW!	-	Yes
	Enter into agreement	Enter into agreement

Which insurance to choose?

We cannot avoid unexpected setbacks in life. Serious diseases or accidents or the loss of someone may hit each of us. Life insurance does not make these events non-existent, but helps us cope much better with otherwise financially difficult times, offering the necessary security capital. Life insurance creates peace of mind because you have done everything in your power to protect your close ones and yourself. Read more about advantages

I am
Sum insured
: I live healthy

Calculate

Discount:: 0%
Healthy life discount:: 0%
Monthly payment: 0EUR

Apply for a contract

Who needs protection?

Do you take care of your family's monthly utility bills? Do your repay any loan monthly? Who takes care of the expenses related to your children's hobby groups?

If these expenditures are your responsibility, you should think of creating a sense of security for your family for the time when you cannot help them any more.

What risks are covered?

In the case of no work ability of the insured person, a life insurance contract helps to compensate for the loss of income for the close ones and to pay major liabilities and other expenses. In the event of permanent incapacity for work of the insured person, a person is, in general, in a very serious condition, and is not able to work normally and earn their income. At the same time, new expenses may occur. In such case the insurance indemnity would help to cope with all costs.
Permanent incapacity for work shall be deemed to be a long-term, very serious health disorder caused by an accident or a disease and having an impact on the physical or mental abilities of the insured person, due to which the capability to work of the insured person decreases by 90% or more. The indemnity for permanent incapacity for work will be paid, if the Estonian National Social Insurance Board establishes permanent incapacity for work (90–100%) to the insured person for at least one year. The decision on the payment shall be made by Swedbank Life Insurance SE, whereas in exceptional cases also additional documents or analyses may be required. Read more

Age	Life insurance monthly payment	Trauma insurance monthly payment
18 - 30	8,84 EUR	2,21 EUR
31 - 40	11,05 EUR	2,21 EUR
41 - 50	13,26 EUR	2,21 EUR

Injury	Compensation sum	Percent from the insurance sum*
Brain concussion	1989 EUR	15%*
Fracture of three ribs	530 EUR	4%*
Fracture of the elbow bone (each bone)	530 EUR	4%*
Fracture of index finger	265 EUR	2%*
Knee meniscus tear	265 EUR	2%*
Tibia fracture in ankle (each bone)	663 EUR	5%*
Fracture of the big toe	265 EUR	2%*

Ask for advice

Name:*
E-mail: *
Phone:
Question:

Send

613 1606
investeerimistugi@swedbank.ee

Please notify the insurance In the case of an insured event via insured person personally or via family member immediately. The services are provided by Swedbank P&C Insurance AS and Swedbank Life Insurance SE. Liivalaia 12, Tallinn 15039

Insurance packages	Net income	Sum insured of life insurance and permanent incapacity for work
Package 1	up to 1,000 euros	20 000 euros
Package 2	up to 1,500 euros	30 000 euros
Package 3	over 1,500 euros	from 50 000 euros

Call us

Write us e-mail

Life insurance

Only on 20 September life insurance for one year 25% off!

Sign a life insurance contract in internetbank. It`s more convenient.

Life Insurance Plus

Life insurance

Which insurance to choose?

Who needs protection?

What risks are covered?

Covers for the loss of income of a close one

How the insurance premium is determined?

What risks are covered?

Examples of trauma and compensation

Contact agreement

Payment of indemnity

Notify of damage

Ask for advice

Consultation Centre: 6 310 310

Log in with

Life insurance

Only on 20 September life insurance for one year 25% off!

Sign a life insurance contract in internetbank. It`s more convenient.

Flexible financial protection

Healthy lifestyle discount

Extensive cover means better price

Indemnity payment to the person you have designated

Convenient monitoring of the contract in the Internet bank

What is the amount of the sum insured that should be selected?

Activities in the event of establishment of permanent incapacity for work

Activities in case of death of the insured person

Loss adjustment

Life Insurance Plus

Life insurance

Which insurance to choose?

Who needs protection?

What risks are covered?

Covers for the loss of income of a close one

How the insurance premium is determined?

What risks are covered?

Examples of trauma and compensation

Contact agreement

Payment of indemnity

Notify of damage

Ask for advice

You have logged out of the Internet bank!

Consultation Centre: 6 310 310