WELCOME

LÍV has agreements with most
trade unions. The trade union
offer its members insurance and
pension in cooperation with Tryggingarfelagið LÍV. The agreement is valid for members, but membership can also be conditional on full work capability. Insurance ceases the month after you reach the pension age. If you are no longer a member or when you leave your job. If you leave the scheme before retirement age, continuation of the insurance can be arranged with LÍV.

You can see the unions and agreements on www.liv.fo/fakfelog

GROUP INSURANCE

The insurance part is arranged as a group insurance and pays out according to agreement between LÍV and our union.

See the unions and agreements on www.liv.fo/fakfelog

SPECIFICATION

In event of death before reaching the pension age, the insurane will be paid out according to specification. It will be paid out to the “next of kin” unless another written agreement his made with LÍV. ” Next of kin” initially refers to the surviving spouse. If there is no spouse, it will be paid out to the children. If there are no children, payment will be made according to the will/law of inheritance.

If you wish the insurance amount to be paid out to others than the “next of kin”, for example, to a cohabiting partner, this must be notified to LÍV in writing.

The document “change of Specification” can be found at www.liv.fo/forms.

To see your payments and agreements. Log in to Mítt LÍV.