Certain Critical Illnesses
To ease the financial burden if you or your children are affected by a critical illness, we offer you the opportunity to take out an insurance policy that provides a payout according to specific terms and conditions.
Insurance
If you or a child under 18 years of age are diagnosed by a critical illness, a predetermined lump sum amount will be paid out.
It is up to you to decide how the money will be used.
The payout can, for example, provide financial support during the initial period or be used for special treatment, medical aids, or anything else that can ease the situation.
The payout is tax-free.
Insurance Payout Amounts
You can choose between:
Example 1
Insured DKK. 125.000
Children u/ 18 yrs DKK. 125.000
Example 2
Insured DKK. 200.000
Children u/ 18 yrs DKK. 150.000
Which illnesses are covered?
It is specified in the insurance terms which illnesses/medical conditions are covered by the insurance and the rules for payouts.
Critical illness insurance is always combined with Life Insurance, the cost will also include the life insurance component.
If you have any questions or would like further clarification, feel free to contact us at LÍV.
We are ready to help you
If you have questions or would like advice, you are welcome to contact us.
Send us an email on liv@liv.fo, call us at +298 31 11 11, or log in to the customer portal
Mítt LÍV and send us a message
