Family income protection

Take care that you and your family feel more secure in misfortune

  • In case of an insured event resulting in fatal disaster, we will pay the amount of 12 average national salaries to your family or other persons specified.
  • If you are an active traveller or enjoy doing sports, you can get additional trauma insurance that could be useful in case of fracturing your arm or leg, or suffering other injuries.
  • Insurance protection is valid worldwide.

Family Income Protection is a life insurance service provided by Swedbank Life Insurance SE Lithuania Branch through its representative Swedbank, AB.

Trauma injury calculator

Find out the amount of insurance indemnity paid out in case of trauma

* The percentage from trauma insurance amount specified in trauma table is paid. Trauma insurance amount is always equal to the amount of life insurance currently constituting 9 873.60 EUR

  • Family income protection is an easy and quick way to protect the most loved people;
  • Premiums and indemnities are fixed and are subject to change once per calendar year *;
  • Premium amount does not depend on your age, sex, occupation or lifestyle;
  • By choosing additional trauma insurance, you will have financial protection against traumas;
  • Trauma insurance protection is also valid for those engaging in sports non-professionally – playing basketball, football, tennis, skiing, etc.;
  • In case of an insured event of trauma, you will get an insurance indemnity that will allow you to pay for medical and rehabilitation services or will cover a portion of loss of income because of incapacity for work..

Main conditions

Family income protection Additional trauma insurance
Insurance premium 10.70 EUR/month ** 1.65 EUR/month ***
Insurance indemnity In case of loss of the insured - 9 873.60 EUR
In case of loss of the insured in a traffic accident – 19 747.20 EUR.
The percentage from trauma insurance amount specified in trauma table is paid ***
Insurance protection validity Immediately after concluding the agreement Following day after inclusion of the service into agreement

* In case of loss of the insured, the amount of twelve average national salaries is paid to the family.The amount is calculated according to average monthly gross wage of IV quarter of 2016 officially published by Statistics Lithuania under the Government of the Republic of Lithuania. Protection amount is recalculated on the 1st April of each calendar year, therefore, protection amount is subject to change once a calendar year during the validity period of the agreement.

** Annual premium – 1.3 percent of life insurance amount. Monthly insurance premium is calculated by dividing annual insurance premium by twelve months.

*** Trauma insurance amount is equal to the amount of life insurance. Annual trauma insurance premium – 0.2 percent of trauma insurance amount. Monthly insurance premium is calculated by dividing annual insurance premium by twelve months.

“Family income protection” is a life insurance service provided by “Swedbank Life Insurance SE”, Lithuanian branch. The agreement is concluded in accordance with the Life Insurance Rules No. 026.

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