We are world champions in trust

Insurances and Pension

In Denmark there are three insurances which are mandatory by law. You must have a liability insurance if you own a vehicle. You must have a dog insurance if you have a dog, and you must have an insurance covering property in the case of fire.

All other private insurances are voluntary. In other words, you decide yourself whether you e.g. want a so-called family insurance/home insurance, normally covering personal property in the case of theft, fire or water damage, personal liability, and legal protection.

However, as a wage earner you are also subject to paying into a supplementary pension of your state pension, ATP

The contribution to ATP will automatically be deducted from your wages depending on the number of working hours and method of pay. The employer must pay 2/3 and the employee 1/3 of the ATP contribution. Under the section “How much do I pay to ATP?” you will be able to see the actual CONTRIBUTION RATES

Many wage earners choose to take out a private pension insurance, and in some industries a pension scheme is also part of the COLLECTIVE AGREEMENT.

You are covered by the public HEALTH INSURANCE when you reside in Denmark and have a civil registration number, but private health insurances can also be taken out.

Below on this page, click HERE you can download a pdf file with information about the most general types of insurances, including pension schemes.

There may be big differences in insurance premiums in the various insurance companies, so you may ask your employer, colleagues or friends for advice regarding choice of insurance and insurance company.

During working hours, you are covered by your employer’s mandatory commercial liability insurance.

 

Ioana and Sorin

 
Romanian Family:

We have been made very welcome

”We love our country, Romania, but we have also grown very fond of Denmark which has become our home,” says 37-year-old Sorin Ungureanu who - together with his wife Ioana and their two children - find themselves so much at home that in the autumn of 2017 they bought the house of their dreams in Borris. Borris is a town with approximately 800 inhabitants in Ringkøbing-Skjern Municipality – geographically the biggest municipality in Denmark.

“We have been living here since 2011 and our children are fully integrated in the local community and gradually, so are we. We have been made to feel really welcome in this town. People gladly help us and we are very happy about living here,” Sorin says whilst simultaneously smiling at Erling Søndergaard - one of the passionate locals who likes to give a lending hand. Erling has helped the family with the purchase of their house, and as a friend of the family he joins our conversation as to why Sorin and Ioana came to Denmark and what it is like for a foreign family to move to Ringkøbing-Skjern Municipality.

”We are also happy having you here. We can tell that you like being here, and you have also done a great deal to become a part of the community,” Erling points out referring to the fact that Sorin among others has been active in leading a father-child gymnastics team and a table tennis team in town.

Ioana und Sorin - Read the full story here

 

Charlotte and Ian

 
Danish/English couple:

Wish of living the good life

”Above all, we just wanted to be together and live the good life. We love being together” says the Danish/English couple Charlotte and Ian Coles who have settled down in an idyllic old farm house at Kloster, halfway between the Ringkøbing Fjord and the Stadil Fjord and close to the town of Ringkøbing.

It is not surprising that the couple had a wish of the good life in peaceful surroundings with lots of nature. Ian was a Major in the British Army, which meant the couple had moved around military bases in England and Germany for years. Ian had also been deployed close to the world’s war zones, leaving Charlotte alone and suffering months of deprivation during their first year in Ringkøbing-Skjern Municipality.

They bought the old farmhouse overlooking the Stadil Fjord in 2013, and Charlotte moved in full-time, while Ian could only come home as work allowed. But now the good life has really started as Ian retired this summer.

Ian is 48 years old and he has just landed a job with Vestas - the wind turbine manufacturer – as a Project Training Leader. 

Charlotte and Ian - Read the full story here