Topdanmark Income Protection
Topdanmark Income Protection is individual income protection insurance from Topdanmark (If). Requirements: member of any Danish unemployment insurance fund. It covers up to 90 % of salary with up to 40,000 DKK/month additional unemployment benefits.
- Provider
- Topdanmark (If)
- Type
- Insurance company – individual scheme
- Requires
- Member of any Danish unemployment insurance fund
- Insurance company
- Topdanmark (part of If Skadeforsikring)
- Maximum overall coverage
- 90 % of salary
- Maximum supplementary payment
- 40,000 DKK/month
- Waiting period
- Not disclosed – see terms
- Qualifying period
- 9 months
- Payment period
- Maximum 12 months in a row - max. 36 months in total
- Age
- 18-55 years for purchases - ends at 63 years
- Minimum salary
- 29,036 DKK/month
- Price
- Calculated online
Additional terms
- Min.-Salary 34,057 DKK if you receive employment allowance
- No benefit in the last 2 years; not self-employed; minimum 16 t / week
Sickness coverage
Tax deduction
Tax-deductible – Topdanmark reports automatically
Sources
Last verified:
Related policies
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Frequently asked questions
What is the qualifying period for income protection?
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The qualifying period is the time you must have had (and paid for) the insurance before you can get paid. It is typically 5-9 months: Frie 5 months, Ase / CA / Krifa / Det Faglige Hus / Lederne / GF 6 months, Djøf / Topdanmark / IDA / Alka / MA 9 months. If you are terminated during the period, you are not covered.
See FAQ →What is the difference between a waiting period and a qualifying period?
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The qualifying period runs from purchasing the policy until cover begins. The waiting period (karens or selvrisiko) is the number of days from becoming unemployed until payments start: for example, 28 days with Ase, 30 with CA and 45 with Djøf. Some providers use “karens” for the qualifying period, so read the terms.
See FAQ →Are income protection payments taxable?
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Yes. Income protection payments are taxed as ordinary A-income, but no labour market contribution (AM-bidrag) is payable on them. Income protection is therefore not tax-free.
Sources: A&TIL: Tax rules on income protection
See FAQ →