Protect your personal finances against changes

Your life and the world around you can always change. We provide an easy way of protecting your personal finances and ability to repay loans.

Borrowers can and should prepare for risks

Have you ever wondered how you’ll manage financially, if the unexpected happens? Even if your finances are solid right now, it may be worth considering how to make more headroom for the future. Many of the risks you face as a borrower lie in possible changes in your circumstances, or the world around you. Such changes can be hard to predict. However, you can create a financial safety margin, just in case.

Insure your loan and repayment ability

A rise in interest rates would mean higher costs for borrowers. You can prepare for this, ideally when interest rates are still low. An interest rate cap is a good option — by setting an interest rate cap on your loan, you can be sure that monthly repayments won’t rise above a certain level.

Read more about the interest rate cap


Loan protection insurance will help you to make loan repayments if you become unemployed, unable to work, or disabled. It would also help your loved ones to repay the loan in the event of your untimely death.

Read more about loan protection insurance


If your loan repayment plan no longer seems to match your circumstances, it can be adjusted. This may be necessary if, for example, you change job or take time out for studies or parental leave. You can also make loan repayments more flexible by applying for a repayment holiday.

Read more about adjusting loan repayments

Financial security for you and your loved ones

Your finances could deteriorate unexpectedly if you have a sudden illness, for example. In such a situation, you will need to focus all your strength on recovering. Critical illness insurance is a great way of avoiding financial difficulties if you fall ill unexpectedly. Lump-sum compensation can be up to 100,000 euros, tax-free. You can use the compensation as you wish, not necessarily for loan repayments.

Read more about Critical illness insurance


With life insurance, you can secure your loved ones’ financial wellbeing in the event of your death. The people named as your beneficiaries can use the compensation in any way they want – to pay off a loan and inheritance tax, or maintain your family’s standard of living. The insurance can be taken out as either single or joint cover.

Learn more about life insurance

You can prepare for the future and create leeway for unexpected costs or bigger purchases, by laying money aside while paying off your loan. And why not increase your wealth at the same time?

Read more about fund investing


The home loan and the interest rate cap are granted by an OP cooperative bank. Loan protection insurance is granted by OP Life Assurance Company Ltd and/or Pohjola Insurance Ltd. Critical illness insurance is granted by OP Life Assurance Company Ltd and Pohjola Insurance Ltd. Life insurance is issued by OP Life Assurance Company Ltd. OP cooperative banks act as the insurance companies’ representatives. In addition, Pohjola Insurance acts as the representative of OP Life Assurance Company Ltd. The funds are managed by OP Fund Management Company Ltd.