Do I need YEL insurance?

Using the test on this page, you can find out if you need YEL insurance. If you answer ‘yes’ to all five conditions in the test, you most likely need YEL insurance.

  1. 1/5 Are you between the age of 18 and 67?

  1. 2/5 Do you work in your own company?

  1. 3/5 Will you work as a self-employed person for at least four consecutive months?

  1. 4/5 Do you live in Finland?

  1. 5/5 YEL income: is the value of your work input at least EUR 9,010.28 per year in 2024 (EUR 8,575.45 per year in 2023)? Your YEL income should, at minimum, correspond to a salary that would be paid in your sector to a person who has the same professional skills as you during one year.

Did you answer each question with a ‘yes’?

If you answered ‘yes’ to each question you most likely need YEL insurance. We have put together for entrepreneurs a comprehensive package of information on YEL insurance, the security and benefits it offers and instructions for taking out insurance. You can also order the guide for new entrepreneurs free of charge to your email. The guide features all the information you need on YEL insurance.

Go read our information for new entrepreneurs

Read about the reduction for new entrepreneurs

Order the guide for new entrepreneurs

Did you answer ‘no’ to one or more of the questions?

You may not need to take out YEL insurance. We recommend that you read more about the obligation to take out YEL insurance on our page “Who is YEL insurance for and when?“, where you can find more detailed information on YEL insurance.

If you have any questions, our customer service is available at the number +358 10 195 083 (mobile call charge/local network charge) Mon-Fri, from 8 am to 5 pm.