You can hope for good luck, but you can’t order it

Disability cover allows you to maintain your standard of living and ensures, for example, that you can pay your debts if you become disabled.

An entrepreneur’s work input is often crucial for the company, and even a brief absence is directly reflected in the company’s profits. When you are prepared in the event of a disability, you also secure your family’s livelihood.

Voluntary disability covers provide the entrepreneur with support for short-term and permanent disability and allows to maintain the standard of living.

Short-term disability

If you have to be away from work for some time due to an illness or accident, you will receive a sickness allowance from the Social Insurance Institution of Finland (Kela). The amount of your sickness allowance is calculated on the basis of your self-determined earned income under the Self-Employed Persons’ Pension Act (YEL).

The earned income reported by entrepreneurs is often too low, and the daily allowance granted by Kela is thus insufficient to cover the entrepreneur’s desired income level during a period of disability.

Mandatum Life’s insurance cover for short-term disability gives you agreed supplementation of your daily allowance for all disability days that come after the waiting period.

The insurance cover ends at the latest when you turn 60.

Permanent disability

If you become permanently disabled due to an illness or accident, you will receive disability pension based on your earned income under the Self-Employed Persons’ Pensions Act (YEL). Cover for permanent disability supplements the amount of your disability pension, which is rarely more than half of your earned income.

Under the insurance, you or your company will be paid an agreed lump sum compensation. You can choose the amount of the insurance cover. A sensible compensation sum will usually cover both your personal debts and your company’s debts and liabilities and safeguard the continuation of your business and your income.

A disability is considered permanent if it has continued uninterrupted for at least one year. The insurance cover ends at the latest when you turn 65.

Calculate the monthly cost of permanent disability insurance cover that is right for you.

Fill in the information below and the amount of compensation you would like to receive, and you will see the monthly cost of the permanent disability insurance cover that is right for you. The cost of the insurance cover is calculated for private individuals.

We recommend that the sum insured covers your loans and two years' earnings.

Fill in your contact information

We will contact you as soon as possible. After our discussion, we will draw up a permanent disability insurance offer for you.

Thank you for contacting us

We will send you an email confirming that we have received your message. We will contact you within two days.

We can also help you prepare for other financial risks in your life.

The cost of the insurance cover given in the example is indicative only and is calculated on the basis of the age that has been entered by you. The example is calculated under the assumption that the insured person's state of health does not necessitate an increase in the insurance premiums and that the insurance can be granted. The insurance premiums will increase during the effective insurance period as the insured ages. The insurance premiums are due 1 to 4 times a year. When applying for the insurance cover you must provide a health declaration. Our customer service department can provide you with a health declaration form.

Cost of insurance cover


In the event that you become permanently disabled, you would receive the following lump-sum compensation at a monthly cost of EUR .



Insure yourself and pay it forward

By insuring yourself, you can help to secure the life of a disadvantaged child or youth in case of injury. We will donate a sum corresponding to some 1 per cent of the first-year insurance premiums of all of our new risk insurance customers in order to arrange accident insurance. This means that more than 1,000 children and adolescents will receive accident insurance each year.

Mandatum Life works together with the Tukikummit foundation. The assistance granted by the Tukikummit foundation supports Finnish children who are from disadvantaged families and in danger of being marginalised due to financial reasons.

Send a message

A simple and safe way for customers to contact us is to send us a message through our Web Service


Our Customer Service number

0200 31100
(lnc/mpc) Mon to Thu 8-18 and Fri 8-17

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