Nainen turvattuna henkivakuutuksella

Life insurance

Life insurance protects your next of kin

Financial security for your loved ones

Life insurance is particularly important if you are responsible for your family’s livelihood, you have children or you have loans.


Life insurance according your needs

Choose the life insurance that best suits your life situation based on the size of your household, income and loans. 


Benefit increased by 40% for owner-customers

For example, if you have chosen 100,000 euros as the amount of benefit, we will pay 140,000. The increase is confirmed annually. You will also earn OP bonuses.   

Are you not a customer at OP?

To calculate the price and buy the insurance, log in with the credentials of your own bank before the purchase.

What kind of life insurance suits me?

The best life insurance is one that will enable your loved ones to continue life without financial worries. Your next of kin can use the life insurance benefits to pay for mortgages or the inheritance tax, for example. 

You can calculate a suitable benefit amount by factoring in your family’s loans, annual income and number of children. We recommend that you choose a benefit that covers at least your share of loans, your annual gross income and 20,000 euros per dependent child.

Joint cover - cheapest alternative for two persons

The price of life insurance depends on the amount of benefit you have selected for the life insurance, age and the number of insured persons. If you want a life insurance for yourself and your spouse, joint cover is a cheaper alternative than separate life insurance policies.

Joint cover is a good option when you and your spouse are together responsible for your family’s livelihood. If you are interested in joint cover or would otherwise like to discuss with our specialist, please contact your local OP cooperative bank or our customer service on 0303 0303 (Mon-Fri 8-19).

We use automated decision-making in insurance decisions. Read more on the processing of personal data >

                                                Vanhempi ja lapsi laiturilla
Critical illness cover
Available only in Finnish or Swedish.

Life insurance is granted on the basis of the health declaration. A health declaration can be filled in easily online, and it is used to determine whether the policy can be granted. 

A policy may nevertheless be granted even if you are not entirely healthy. The decision is always made on the basis of the health declaration.

It is important that you do not terminate any existing policy until you have received a decision that a new policy has been granted.

The easiest way to give or change beneficiary nomination is to log in service.  Alternatively, you can submit a new beneficiary nomination by using the form.

Beneficiary clause

Benefits from Pohjola Insurance

You receive the following insurance benefits for prime customers when you have policies from at least three different product categories:

  • 7% off home and other property insurance, personal insurance, continuous travel insurance and comprehensive motor vehicle insurance policies
  • as our prime customer aged 18–27, a discount of 21% on nearly all insurance for home and family policies.
  • free 40% increase in the sum insured under life insurance.

If you are also an OP cooperative bank owner-customer, you are entitled to an extra discount of 3% on most insurance products. The extra 3% discount for owner-customers cannot be combined with the 21% discount for young insurance customers.

Regardless of your number of policies or type of customer relationship, we always offer the following benefits:

  • a 2.5% discount when paying your insurance bill in one instalment.
  • a permanent 5% discount on life insurance purchased online.
  • free life insurance for one year for parents of children under 12 month

Benefits for OP cooperative bank owner-customer

As an owner-customer, you get the following benefits regardless of your number of policies:

  • OP bonuses you accrue will be used to pay insurance premiums*
  • free 40% increase in the sum insured under life insurance.
  • deductible benefit of 250 euros for MyHome Insurance.
  • free Product Protection Insurance for purchases made using OP credit cards

*As our owner-customer, you earn OP bonuses, which are used to pay insurance premiums and banking service charges. OP bonuses are earned from insurance policies, loans, savings and investments, funds in your accounts, and purchases paid with OP-Visa using the credit function.

Instructions and forms for applying for life insurance compensation.
The insurance is issued by OP Life Assurance Company Ltd.