THIS PRODUCT IS ONLY AVAILABLE IN FINNISH AND SWEDISH!
The work input of the entrepreneur and key employees is a crucial factor in the success of your company. The loss of this work input can have a major impact on the operations and financial situation of your company, and on your own finances as an entrepreneur if you have lodged your own property as collateral for loans.
With Payment Protection Insurance, you can insure a total of four healthy persons aged 18–59. Each insured person after the first will entitle you to a 10 per cent discount on the premium. The insurance premium is lower for non-smokers and decreases with the repayment of loan capital.
You can insure new or existing loans for a maximum of seven years. In other words, the maximum insured sum is EUR 200,000 and the maximum insurance period seven years.
|What does the insurance cover?||How does the policy work?|
With regard to taxation, Payment Protection Insurance is the most profitable solution for your company since you can nearly always deduct your insurance premiums.
Payment Protection Insurance on corporate loans is granted by AXA, a long-term partner of OP specialising in loan-related insurance products.