Fasetrygging

Fasetrygging is a term encountered in some Nordic-language contexts to describe a form of family income protection insurance designed to preserve household financial stability when the primary earner cannot work. The concept focuses on ensuring a predictable stream of income to cover essential living costs during events such as illness, disability, unemployment, or the death of the breadwinner. In practice, fasetrygging may be implemented as a private insurance product, sometimes integrated with statutory social security systems, or as a standalone voluntary program offered by employers or insurers.

Coverage and terms commonly include monthly benefits proportional to earned income, with options for payout duration, waiting periods, and additional riders such as life insurance or critical illness cover. Some models also provide survivor benefits or caregiver allowances to support dependents. The exact structure of fasetrygging—what events trigger benefits, how benefits are calculated, and how long payments last—varies by country, provider, and policy.

Eligibility and costs typically involve medical and occupational underwriting, with premiums influenced by age, health, occupation, income level, and the chosen level of protection. Benefits are generally subject to local tax rules, and some plans cap benefits or impose limits on total coverage.

Impact and considerations: fasetrygging aims to reduce household vulnerability to income shocks and support long-term financial planning, but concerns include affordability, coverage gaps in multi-earner households, and potential overlap with existing social security or employer-provided benefits. Regulatory frameworks and consumer protections vary by jurisdiction.

See also: Life insurance, income protection, disability insurance, unemployment insurance. Notes: The term’s meaning can differ across countries and programs, and it is not a universally standardized term.