Insurance in Finland

Sentia provides statutory accident insurance for all employees, as required by Finnish law
This covers:

• Work-related injuries and illnesses
• Accidents while commuting to and from work
• Medical treatment and rehabilitation
• Loss of income due to temporary or permanent disability

Voluntary Accident Insurance for Free Time
TVK (Finnish Workers' Compensation Center) notes that employees are not covered by the statutory accident insurance during their free time. However, individuals can voluntarily take out leisure-time accident insurance through private insurers. This type of coverage can protect you during:

• Sports and recreational activities
• Traveling and vacations
• Accidents at home or in public places

Such insurance is especially recommended for those with active lifestyles

For additional coverage beyond Kela, Sentia offers comprehensive private health insurance options through Pohjola Insurance, a part of OP Financial Group. It has lesser waiting time for the appointment and provides a premium experience.

Here are the details of the Extra Health Insurance package:

• Provides direct access to a GP or a specialist physician without consultation with the occupational health care service.
• Covers examinations, care, and operations.
• Includes coverage for medication in addition to examinations, care, operations, and extensive physiotherapy.
• Hospitals/clinics and pharmacies invoice Pohjola Insurance directly, making the process seamless for you.
• You can also obtain this insurance for family members to ensure full coverage for your entire household.

We use Pohjola Terveysmestari, a digital health service that connects you with nurses for triage and appointments. Care is delivered through partner clinics, such as:

• Mehiläinen
• Terveystalo
• Pihlajalinna

Motor Liability Insurance (Liikennevakuutus)
This is required by law for all vehicle owners in Finland. It covers:

• Personal injuries to other drivers/passengers
• Damage to third-party property

Driving without it is illegal!

Voluntary Comprehensive Insurance (Kasko)
This protects your own car against:

• Theft or vandalism
• Collision damage (even if it’s your fault)
• Natural disasters (like falling trees, hail)
• Animal collisions

Premiums depend on:

• Car age and value
• Your driving history
• Location and deductible

Example: OP Financial Group – Kasko Insurance

Strongly recommended — and often required by landlords.
Covers:

• Fire, water damage, break-ins
• Damage to personal property (laptops, clothes, furniture)
• Liability for damages caused to others (e.g., flooding a neighbor)

Example: OP — Home insurance

Optional, but highly recommended if you:

• Have children or a spouse/partner who relies on your income
• Are a co-borrower on a mortgage or loan

Life insurance can cover:

• Lump-sum or monthly income replacement payment to your family in case of death
• Disability or serious illness benefits

Cost depends on:

• Your age and health
• Coverage amount and term length

Example: OP — Life Insurance

For cat and dog owners, pet insurance can help manage:

• Veterinary bills for illness or accidents
• Surgeries, scans, medications
• Long-term treatment (e.g., arthritis, diabetes)

Insurers often provide:

• Customizable plans based on breed, age, and health
• Optional add-ons like dental or liability coverage

Example: Agria — Pet Insurance

While Kela covers the basics, private health insurance for children can provide:

• Faster access to doctors and specialists
• Coverage for private-sector diagnostics and treatments
• Reimbursement for private hospital care, physiotherapy, medications

Example: Pohjola — Child insurance

Most municipalities provide basic accident insurance for children during school or daycare hours. However, this does not apply outside school time.
A private accident insurance policy covers:

• Injuries during sports or playtime
• Emergency room visits and follow-up care
• Dental accidents
• Medical aids and rehabilitation

This type of insurance is very affordable and covers children 24/7, including during vacations or travel.

Example: Nordea – Children's Insurance

This isn’t health-related, but is a popular financial insurance product for families. These policies are used to:

• Build savings for the child’s future (e.g., studies, first apartment)
• Provide financial protection in case something happens to the guardian
• Transfer funds tax-efficiently when the child turns 18 or 21

OP Financial Group – Saving for a Child
OP offers a “First Investment” initiative, which provides a €100 investment in an OP-World Index fund for every baby born in Finland. This supports early long-term saving for a child’s future, such as education, hobbies, or a first apartment.

Nordea – Saving for Your Children
Nordea offers unit-linked savings insurance, allowing parents and even relatives to invest regularly for a child’s future. These policies are flexible, with a variety of investment strategies and the ability to transfer funds tax-efficiently when the child comes of age.