Turvavakuutus
Turvavakuutus is a Finnish insurance product that provides financial protection against risks that can affect a person’s ability to earn income or meet financial obligations. It is commonly linked to loans, mortgages, or employment benefits, but can also be purchased as a stand-alone policy. The aim is to shield households from the financial consequences of illness, disability, death, or unemployment.
Typical forms include luottoturvavakuutus (credit protection insurance), which covers loan repayments if the borrower dies, becomes
Benefits are usually paid monthly or as a lump sum according to policy terms and may begin
Premiums depend on factors such as age, health, occupation, and loan size, and some plans link the
In Finland, consumer protection and insurance are overseen by Finanssivalvonta (FIN-FSA) and governed by the Insurance