If you fall ill and become unable to work, you can have up to X per cent of your salary on which cover is based paid out. Your overall occupational capacity must be reduced to half or less, and your earnings must have been reduced by a minimum of 10 per cent before you qualify for regular payouts from PFA Occupational Capacity. The insurance cover will be paid out regularly until your occupational capacity is improved, however, no longer than until you reach the agreed retirement age. You can choose to increase your coverage up to 80 per cent of your salary, provided that you can submit satisfactory health information.
If you are employed in a flex job, you can receive regular payouts that, as a rule, let you keep your previous salary level. The payout is conditional upon you complying with the described conditions of payout, and the payout cannot exceed the size of cover included in your insurance plan.
If you receive public job rehabilitation benefit, you will from now on be eligible for regular payouts of 80 per cent of your salary - regardless of your chosen cover.
Payment protection cover offers extra security
Your occupational capacity insurance also includes payment protection cover, which ensures that your pension plan will continue while you receive payouts from PFA Occupational Capacity. This means that PFA Occupational Capacity, PFA Critical Illness and PFA Life will continue, make payments to your savings. This way, you can keep your insurance cover and continue saving for retirement.
Add a lump sum as part of your insurance plan
You can choose to purchase an extra insurance cover that ensures you a lump sum if your occupational capacity is permanently reduced by 2/3 or more. You will receive the payout when your occupational capacity has been reduced for 12 months. You can select a cover of up to 200 per cent of your salary.
If you are covered by a collective agreement, you have occupational capacity insurance, which ensures that you receive a lump sum of DKK 100,000 if your occupational capacity is permanently reduced by 2/3 or more. You can increase your insurance cover to a maximum of 200 per cent of your salary.