🎓 Education or Future Savings Insurance (Säästövakuutus lapselle)
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 ChildOP 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 ChildrenNordea 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.