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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.

 

Iwona and Jarek

 
Polish family:

Nature and good conditions for the children are crucial

It is first and foremost the good conditions for the children and the clean and beautiful nature that Iwona and Jarek emphasize when expressing why they have chosen to settle in Ringkøbing-Skjern Municipality in Denmark. In the past two years Iwona and Jarek have been living in the village of Finderup together with their joint child Diego and Jarek’s son Manuel and his daughter Karolina.

”The child-care facilities here are simply so good. They do so much for the development of children. For instance, they are allowed to cook and do woodwork when they can handle a knife– even though it may be a little dangerous. Besides, they also spend a lot of time in nature. In all sorts of weather. It is so healthy for them”, says Iwona who is also really happy with the schools.

”However, the best thing is that you exist to live here – which means that you don’t just constantly work, but you work in order to also live in your spare time”, says Iwona, and Jarek agrees. That was the very reason why he came to Denmark to work, since - as a self-employed motor mechanic with his own construction firm - he just worked and worked without earning sufficient to live on. On top of that he did not have any spare time whatsoever.

 

Iwona og Jarek - Read the full story here

 

Johanna and Malte

 
German family:

Good working conditions leaving room for a family life close to the North Sea

The North Sea. Proper wages – on time – and working conditions leaving room for a good family life with children. Those are the really big advantages pointed out by the German couple Malte and Johanna Mayrberger when moving from the city of Berlin to the seaport of Hvide Sande. Well yes – into the bargain is also the possibility of buying your own house and the fact that people are friendly and polite.

”We would never have been able to buy a house in Germany. You need to provide a down payment of half the price to obtain a loan for the remaining, and yet it is very difficult and sometimes impossible to qualify for a mortgage,” Malte explains, and Johanna adds:

”At any rate we would not have been able to afford having a child, a car, going on holidays, which we do every year, and have time for leisure activities.”

Malte and Johanna moved to Hvide Sande on the 1st November nine years ago and have settled in fine. 

Johanne and Malte - Read the full story here