Insurance

When you work through Frilans Finans, you are covered by a comprehensive insurance programme, which includes life insurance (comparable to collectively agreed group life insurance, TGL, in Sweden) and accidental casualty insurance. Click on the links below to read the complete terms of this insurance.

Casualty insurance covers all our users up to the age of 65 years who are working through Frilans Finans. This insurance pays for disablement caused by accident up to 20 times the Swedish statutory price base amount (currently SEK 856,000), as well as medical and dental expenses, medical-related travel and rehabilitation, scarring, personal aids and added expenses. This insurance provides cover both on and off working hours, and foreign travel, with no deductables.

The group life insurance – TGL – is the same as the collective agreement group insurance found in the Swedish ITP plan. Insurance is paid as a tax-free lump sum payment in case of death, at the rate of 6 times the price base amount, with child benefits (2 times the price base amount) per child. The insurance covers you at all times.

Consultants must be fully employable and have regular working hours of at least 8 hours per week for this TGL coverage to apply.

Insurance letter – liability insurance 2019

Supplement your basic insurance coverage by adding the Frilans Extra Secure insurance. You receive added coverage to insure most of your needs, just in case.

Cancellation Insurance

This insurance applies when you have to cancel work-related travel due to illness (either your own or in your family), accident, or death in the family or other unexpected events that prevent you from travelling to perform your work duties. The insurance pays for expenses related to cancellation as well as the ticket cost.

This definitely adds protection since most credit card or home insurance policies do not cover these expenses.

Illness or accident

Coverage includes health care expenses, including expenses related to travel back to your home, other related expenses, and for the travel of family to visit you where you are.

Baggage Insurance

This covers all personal items you had with you, whether borrowed or rented, that are damaged or lost during your trip. It even covers theft-attractive items, travel documents, money, and additional expenses related to stopping your credit cards, and replacing car or house keys.

Trip Interruption

This covers additional expenses whenever you are forced to interrupt your trip in advance due to, for example, illness.

Liability Insurance

If you become liable for any damages during your business travel for amounts up to SEK 10 million.

Deductable Coverage

This covers costs related to insurance deductables you are liable for in relation to car, motorcycle, or bicycle rental, claims on your home insurance or private car insurance policies that are related to your business travel.

Added Assurance Package

This covers medical advice by telephone with 24 hour service, and reimbursement for added expenses related to evacuation, or if you are forced to extend your travel due to a natural catastrophe or the like. You can also get help on-site through our Euro Center.

Only SEK 11 per day

The entire insurance package applies with no deductables. You pay only for the days you use the insurance – a highly attractive price for the protection you get. You can order your travel insurance for each trip, or set it automatically for whenever you travel for work using Frilans Finans. Choose your preferred alternative below.

An occupational pension is an important part of your future pension – and now you can get this via Frilans Finans

Your overall pension is made up of various parts. Everyone who works in Sweden gets a general pension, which consists of income pension + premium pension. Your general pension is impacted by your income, working hours, retirement age, etc. Frilans Finans pays your general pension via the employer contributions.

Around 90% of Swedish employees also have an occupational pension, which is an extra pension paid by the employer. There are four major occupational pension agreements in Sweden, covering around 6.4 million insured individuals. An occupational pension can provide a fairly large sum, because the ceiling amount on how much you can pay of your contributions is much higher than in the case of the general pension. The occupational pension can therefore be decisive in whether you can afford more than just the essentials when you reach retirement age.

If you would like Frilans Finans to send contributions to an occupational pension for you, you can set aside the money directly in the invoicing tool and the amount will be calculated automatically. After each salary payout from Frilans Finans, 4.5% of your salary will be paid into your occupational pension with Nordnet Försäkring. The value of your policy builds up your occupational pension, and you will get the yield and capital growth during the period until you start drawing your pension.

With Nordnet’s occupational pension you get one of the cheapest and most flexible pension solutions currently on the market. The money is invested in a mixed fund called Nordnet Balanced (50% fixed income fund, 50% equity fund). You can check your policy by logging into the Nordnet website. You can also switch between funds and track the value of your policy. Your funds will start being managed as soon as the first payment has been made into the policy. The policy has automatic repayment protection for your spouse/partner/children in the event of death.

Many options

Nordnet’s occupational pension allows you to switch freely between more than 1,300 funds, allowing you to choose from most of Sweden’s equity funds and fixed interest funds. Nordnet’s occupational pension gives you access to the funds offered by most banks and insurance companies via an insurance policy. If you would like individual advice on how to invest, contact Factum Fond & Försäkring who will help you with this. If you do not want to choose funds yourself the money will be automatically invested in Nordnet Balanced. You are free to move your policy to another insurance company, with no charges for switching.

Sign up for an occupational pension here