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Insurance costs for employers

If you are bound by a collective agreement, you must take out collective insurance for your employees. For companies without a collective agreement, taking out insurance is voluntary. However, there may be compulsory insurance in certain fields, such as certain parts of the construction industry.

Everyone living and working in Sweden is covered by the social insurance system. It provides basic protection in the form of e.g. sickness benefit and pension. Through your employer's contribution, you pay for basic insurance cover for your employees. 
 
In addition to these general benefits, it is usual for you to take out various types of insurance for your employees. If you are bound by a collective agreement, you must take out the collective insurance specified in the agreement. 

If you are not bound by a collective agreement or affiliated collective agreement, then you are under no obligation to take out collective insurance, but you can do this voluntarily for your employees. 

Most types of insurance costs are deductible in the business. 

Collective insurance – the employer's responsibility 

If you are bound by a collective agreement, you must take out collective insurance for your employees. The insurance types that are included have been negotiated centrally between the employer and the employee organisations. 
 
It is up to you as an employer to make a claim to the insurance companies that administer the collective insurance. Different collective insurance schemes apply to wage earners and salaried employees. 

Collective insurance scheme for wage earners 

For wage earners, the company must have an insurance agreement with Fora, which includes the following: 

  • SAF-LO collective pension 
  • Group sickness insurance (AGS) 
  • Work injury insurance (TFA) 
  • Group life insurance (TGL) 
  • Career readjustment insurance (AGB and career readjustment support). 

Read about and sign an agreement with Fora 

Collective insurance scheme for salaried employees 

For salaried employees, you will have to contact several different insurance administrators in order to take out all the types of insurance specified in the collective agreement. Salaried employees covered by a collective or affiliated collective agreement normally have the following insurance types: 

  • Supplementary pension for industry and commerce (ITP plan), taken out via Collectum. 
  • Go to Collectum 
  • Work injury insurance (TFA), taken out via Fora. 
  • Go to Fora 
  • Career readjustment agreement (AGE and career readjustment support), taken out via Fora. 
  • Group life insurance (TGL), taken out via Collectum for insurance with Alecta. You can also take out TGL insurance via Folksam, Länsförsäkringar Liv, SEB Trygg Liv, Skandia, Bliwa and If. 

Folksam 
Länsförsäkringar Liv (in Swedish) 
SEB Trygg Liv (in Swedish)
Skandia (in Swedish) 
Bliwa (in Swedish) 
If (in Swedish)

Companies without a collective agreement 

For companies without a collective agreement or affiliated collective agreement, taking out insurance is voluntary. However, there may be compulsory insurance in certain fields, such as certain parts of the construction industry. 

Different collective insurance schemes apply to wage earners and salaried employees. You can take out collective insurance via Fora, but not via Collectum. 

Companies without a collective agreement cannot take out any of the ITP insurance schemes or a career readjustment agreement. 

Compensation for high sick pay costs 

All employers in Sweden are protected against high sick pay costs. This means that an employer can be reimbursed for annual sick pay costs that exceed a certain level. 

About compensation for annual sick pay costs at the Swedish Social Insurance Agency (in Swedish)