Väetamisannus

Väetamisannus refers to a type of annuity within Finnish insurance law, specifically designed for non-life insurance policies. The term broadly encompasses various financial products that provide a guaranteed minimum value at a future date, derived from the surrender value of a non-life insurance policy.

Väetamisannus typically involves investing in a range of assets, such as stocks, bonds, or real estate, with the aim of generating returns that can help offset any potential losses on the underlying insurance policy. By associating the policy with a value that fluctuates based on market performance, policyholders can benefit from potential gains, while still maintaining access to the initial sum invested.

As the policy is primarily tied to the performance of the investments, any deficits that occur due to market downturns or significant losses can potentially be covered by the policyholder or through other risk-sharing mechanisms. Väetamisannus products, in essence, blend elements of insurance policy flexibilities with investment opportunities, catering specifically to policyholders seeking solutions to mitigate risks associated with their non-life policies.

While offering an attractive means of financial portfolio management, Väetamisannus insurance products have been primarily favored by smaller businesses and self-employed individuals for managing risks compelling to their professional activities.