Workers’ compensation insuranceOccupational accident and occupational disease insurance covers your employees in the event of accidents that happen at work or on the way to or from work.
Statutory workers' compensation insurance is mandatory for employers
All employees, whether in an employment or public service relationship and, by and large, partners and shareholders working for your company are covered on an obligatory basis by Occupational accidents and diseases insurance.
High-quality treatment and fast recovery
Our medical partners help us to ensure a high standard of treatment and, together with the employer and occupational health care provider, they support a fast recovery for employees.
Insure your leisure time as well to receive price benefits
Most accidents happen at home. When you extend your Workers' compensation insurance to cover your leisure time as well, you will receive a price benefit for your working time’s share of the insurance.
All your insurance needs in one place
We offer all statutory insurance policies that you need to take out for your employees as the employer. Leave a contact request and we will be in touch to put your company’s mandatory and voluntary insurance policies in order.
Our workers’ compensation insurance gives your employees statutory protection
Workers’ compensation insurance is a form of statutory insurance that protects employees in the event of accidents or occupational diseases. As an employer, you need to take out insurance for your employees if the wages and salaries you pay or you have agreed to pay for the work exceed EUR 1,400 in total per calendar year. Employers’ duty to take out insurance is based on the Workers’ Compensation Act. The employees' group life insurance is administered together with the workers' compensation insurance.
Workers’ compensation insurance is a form of mandatory insurance for the time spent at work, which protects your employees and their families. In addition to medical treatment expenses, the policy pays out, for example, a per-diem allowance for the period of disability and, in the case of permanent disability, a disability pension.
Being injured at work or getting an occupational disease can lower your employee’s ability to work. Our insurance guarantees the best possible treatment for your employee through our medical partners. We help your employee to get better and return to work with the aim of minimising the costs incurred by your business.
Who is covered by workers’ compensation insurance?
All of your employees and office holders as well as any partners and shareholders who work for your business must be covered by your workers’ compensation insurance policy.
If you are an entrepreneur, you are not required by law to take out occupational accident and occupational disease insurance. If you have a self-employed person’s pension insurance policy, you can insure your operations with Self-employed person's accident insurance.
A family member living with you and working as an employee in your company is covered by the statutory occupational accident and occupational disease insurance. If they are not in an employment relationship, they can take out a Health Insurance policy meant for a private individual.
The obligation to insure concerns not only companies, but also households and private persons, however, only if the wages paid by or agreed for payment by the employer total no more than EUR 1,400 during the calendar year.
What is covered by the employer’s statutory workers' compensation insurance?
The statutory workers’ compensation insurance taken out by the employer for their employees covers accidental injury sustained by an employee at work, on their way to/from work, or in circumstances arising from employment.
The workers' compensation insurance covers, for example
- medical treatment expenses and costs of diagnostic tests
- travel expenses relating to medical treatment
- per-diem allowances for the period of disability
- disability pensions in the event of a permanent disability
- handicap benefits in the event of a permanent injury
- rehabilitation expenses and survivors’ pensions.
The insurance also covers occupational diseases. The most common types of occupational disease are hearing impairment, respiratory allergies, skin and asbestos-related diseases, and strain injuries to the upper limbs.
For employers, it is worth extending the coverage of workers' compensation insurance to leisure time and remote work
When work is done remotely instead of at the workplace, the cover of statutory workers' compensation insurance taken out by the employer becomes more limited. Only events directly related to work tasks are compensated under this insurance as loss events. For example, losses incurred during breaks and mealtimes on a remote working day are not usually compensated.
Most employees’ absences are due to illness or injuries sustained outside of work. In order to ensure the fastest recovery time for employees who are injured outside working hours or during remote work, it is worth extending their insurance cover by taking out remote work insurance or leisure-time accident insurance cover, for example.
As an employer, you can extend workers' compensation insurance to also cover leisure-time. There are three optional covers for this:
- Our most extensive leisure-time accident insurance policy covers almost all activities outside of work, including sports and international travel.
- Our limited leisure-time accident insurance policy does not cover injuries sustained in connection with the more high-risk sports, such as football or snowboarding.
- Our non-competitive sports insurance for leisure time only covers injuries sustained in the course of non-competitive sporting events sponsored by the employer.
Alternatively, you can take out Group accident insurance to cover your staff outside of work. To protect against illness, we recommend that you take our Health insurance, which covers, for example, expenses incurred from tests and the treatment of illnesses. You can choose the most suitable package for your staff from our range of options.
How is the premium for workers' compensation insurance determined?
The price for statutory workers’ compensation insurance will be determined mainly on the basis of the total payroll and the employees’ job titles. The total payroll is used to measure the amount of work, and the job titles describe the risk of occupational accidents and diseases in that work. For example, work in an office environment involves a much smaller risk of accidents than work at a building site.
The price of occupational accident insurance is determined individually on the basis of the policyholder’s details. In the smallest companies, their own accidents usually have no direct impact on insurance pricing, because the occupational risk used to calculate the premium is based on national claims statistics. For bigger employers, their own claims statistics are taken into consideration when determining the price rate of workers' compensation insurance.
For more detailed price information on workers’ compensation insurance for your company, ask for an offer and our experts will contact you!
Employees' group life insurance is administered together with workers' compensation insurance.
As an occupational accident and occupational disease insurance policyholder, you get free access to Pohjola Risk Management Service for your entire staff. The Risk Management Service is a handy, digital risk management tool that, if used consistently, improves occupational safety, efficiency and the sharing of information.
Every injury, accident and non-conformance causes additional expenses and disruptions. Investing in day-to-day workplace management and learning from mistakes saves money and ensures safe working conditions.
To report additional information and expenses, you need the claim code from your employer.
You can report additional information on a claim using any of the methods listed below:
- by logging onto op.fi using your online bank identifiers. Find the claim on which you want to report additional information from the list of claims.
- in the Claims Service using your online bank identifiers.
- With the direct link to report a claim, if your company uses the direct link service. See your company’s Intranet for instructions.
- Occupational accidents and diseases insurance, Product guide (pdf)
- Terms and conditions of occupational accident insurance for employees' leisure time (pdf)
- Employee’s occupational accident and occupational disease insurance, Insurance Information Document (pdf)
- Employee's leisure-time accident insurance, Insurance Information Document (pdf)
(Occupational accidents and diseases insurance has no general insurance terms and conditions.)
We will move occupational accident and occupational disease insurance policies to the new system starting on 1 January 2022. This will affect your policy code and use of our services, among other changes. Read more: Insurance reform.