Loss of earning capacity

Loss of earning capacity often occurs as a result of an accident or in situations where illness makes it difficult, or maybe even impossible, to manage the day-to-day work for an extended period of time. This could be due to, for example, back problems, stress or a life-threatening illness.

The coverage in case of loss of earning capacity depends, among other things, on the length of the period of illness and what percentage of your earning capacity you have lost. The coverage is determined based on an individual assessment.

Anyone between the age of 18 and 55 who has a pension scheme with us and has submitted satisfactory health information can take out the insurance cover.

When we are informed of your absence, we will contact you to discuss the options you have under your insurance cover.

In many cases, we will offer you a customised programme with one point of contact coordinating everything, for example physiotherapy, psychological treatment, rehabilitation and job coaching.

Our social advisers can also often provide you with good advice on public benefits and your interaction with the municipal authorities.

Your insurance premiums are tax deductible. If you need to use your insurance cover, the benefit payments will be taxed as personal income.
In the event that you lose at least half or two-thirds of your earning capacity for a limited period of time, you are entitled to a waiver of premium. Amount and period depend on how your insurance cover is set up. Apart from the waiver of premium, your pension scheme will continue as before.

When we – rarely and for specific reasons – suspect that the information given by our customers is incorrect, we are obliged to investigate the matter further.

We do this to ensure that none of our customers receive benefit payments that they are not entitled to. If our benefits payments are unjustified, it may ultimately affect all other customers by making their insurance covers more expensive. For example, suspicion may arise if a customer informs us that he/she cannot walk but turns out to be actively jogging.

In a few of the cases that we investigate, we may find it necessary to observe the customer. This is only to ensure that we discover the facts of the matter.

Any observation will always take place in accordance with the applicable legislation and industry guidelines. Read more in Code of special examination of insurance cases (in Danish).

Insurance conditions
​Together with your statement of cover, we sent you the insurance conditions applying to you by ordinary mail or in your e-Boks. You received the insurance conditions either when you established your pension scheme, or if your pension scheme was subsequently changed.

New insurance conditions as from 1 January 2018
​We changed the insurance conditions at 1 January 2018. When the changes come into effect for you, you can see the insurance conditions applying to you in Netpension. You can see when that is in our letter sent to you in November 2017.

If you established your pension scheme after 17 November 2005, you can always see the insurance conditions applying to you in your pension overview in Netpension.

Information on insurance product
​To ensure greater transparency, you must be able to compare Danica's non-life insurance products with those of other companies. This is pursuant to an EU directive which came into force on 1 October 2018. We must inform you of this right before you enter into an agreement with us, and you can find answers as to what, where and how the insurance covers here (In Danish only).