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.

Click here for 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.

 

The Chinnow family

 
German family:

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

In 2019 the Chinnow family moved from Löbau in Germany to Hvide Sande in Denmark. Four years later the family is not in doubt: -We’ll stay here!

The couple Dagmar and Udo are working at the local companies, Hvide Sande Røgeri and Danwest, and they both see the career opportunities as one of the really big gains of having moved to Ringkøbing-Skjern Kommune. Here they have been able to let go of their previous worries about job safety and fair pay, and last year their dream of buying their own house came true. 

The two children, Pauline and Pepe, are also happy about having moved to Hvide Sande. They like their new school and appreciate the Danish school system with less tests and more variety during the day. 

In Ringkøbing-Skjern Kommune the family has found both tranquility, a house, career opportunities, and new friends. When the holiday makers have to go back after 1-2 weeks’ holiday all four of them are pleased that they can stay and fulfil more dreams in the middle between the North Sea and Ringkøbing Fjord.

The Chinnow family - Read the full story here

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