People take out insurance policies to protect themselves from the financial consequences of a loss.

In Denmark, you can find a range of insurance companies offering different terms, prices and coverage. It is advisable to contact some of them and compare their offers before deciding on one.

In Denmark, some insurances are compulsory:

  • Third-party liability insurance if you own a car, motorcycle, scooter or moped
  • Comprehensive motor insurance if you have taken a loan to finance the purchase of a motor vehicle
  • Third party insurance if you own a dog
  • Third party insurance if you own a horse
  • Fire insurance for buildings if you are a homeowner with a loan secured against your house

However, there are also other important types of insurances which, even though it is not compulsory, can secure yourself and your belongings and save you a lot of money in case of an unfortunate occurrence. These are:

  • Home contents insurance 
  • Personal accident insurance
  • Personal liability insurance
  • Life and pension insurance
  • Health or medical insurance
  • Unemployment insurance (requires that you are a member of an unemployment insurance fund)

Insurance and Pension for Everyday Needs