Fees and Charges
Cancellation Fees for Insurance Policies:
When purchasing insurance with Forsia, the agreement typically includes a one-year binding period. However, policies can be canceled within the first year, subject to a significant fee depending on the type of insurance (see below). For example, if you sell your house, summer house, car, or if a pet passes away, the insurance can be canceled without fees or notice. For policies active for more than a year, cancellations can be made with one month's notice beyond the current month. If canceled at the policy renewal date with at least one month's prior notice, no fee will be charged.
Cancellation Fees After 12 Months Outside of Renewal Period:
Shortened Cancellation Fee: DKK 75 per policy.
Cancellation Fees Within 12 Months:
Car, motorcycle, house, summer house, and building insurance: DKK 600 per policy.
Other insurances: DKK 300 per policy.
Payment Options:
When choosing to purchase insurance through Forsia, customers must select a payment method. Policies can be paid monthly or annually. Annual payments come with a 4% discount (excluding car and dog insurances, which cost the same regardless of payment frequency).
Direct Debit (PBS):
Most customers prefer automatic payments via Betalingsservice (PBS). This is recommended due to the practical and financial benefits, including no service charges for either monthly or annual payments. Automatic payments save time and eliminate the need for manual payment of invoices.
Invoices via Giro:
Customers can opt to pay manually via an invoice sent by mail. However, this incurs an additional administrative fee of DKK 30.
External State Fees and Contributions:
When purchasing insurance in Denmark, various government fees are levied to support public funds. These fees are determined by the state and vary across different insurances. Insurers collect these fees as part of the policy payment for convenience.
- Damage Insurance Tax:
- This tax is 1.1% of the annual premium and is charged for new policies, policy changes during the term, and at annual renewal. Liability insurance for vehicles is exempt.
- All quoted prices include this tax.
- Environmental Contribution:
- This contribution applies to liability insurance for personal and commercial vehicles. The annual amount is DKK 84.
- All quoted prices include this fee.
- Natural Disaster Tax:
- This annual DKK 40 tax applies to fire insurance for buildings and contents. Funds are used for storm damage coverage and reforestation of private forests after natural disasters.
- All quoted prices include this fee.