- Name of the insured
- Contract number
- Total amount of the life insurance benefit
The most convenient way to file a claim for life insurance compensation is by using this form. As our customer, you can attach it to a message and send it to us via our Web Service.
Mandatum receives information about a client’s death directly from the Digital and Population Data Services Agency. We will send information concerning the life insurance and instructions for claiming the life insurance benefit to the address of the estate.
Fill in the form to claim for compensation in the event of death either on paper or electronically. Please note that even if you fill in the form electronically, you must still print it out and sign it.
Scan or take a photo of the claim form and save it to your computer if you plan to send it to us through our Web Service. You must be our customer in order to use the Web Service. Alternatively, you can send the application to us by post.
Log in to our Web Service and send us the insurance claim form along with any attachments in a message.
If you are sending the claim form by post, send the stamped envelope to the address:
Mandatum Life Insurance Company Limited/Kaleva
Asiakasposti / 2011
Open the form ‘Claim for a sum payable at death’ below.Claim for a sum payable at death
The insurance benefit is paid to the bank accounts provided by each beneficiary in accordance with the beneficiary clause. Compensation paid to a legally incompetent person shall be paid to the bank account provided by said person’s guardian. Compensation paid to a minor shall be paid to the bank account provided by said person’s guardian. Information about the compensation paid shall be sent to the Local Register Office.
Beneficiaries can also direct their entire insurance benefit or part of it to investment insurance. More information about investment insurance is available by calling our customer service at tel. 0200 31100 (lnc/mnc).
A separate balance statement is not required, since all the information that should be reported in the additional information of the estate inventory deed is contained in the claims decision.
The taxation of a life insurance benefit is determined based on who the benefit is paid to. Life insurance benefits paid to next of kin on the basis of death are subject to inheritance tax. Next of kin are, for example, a spouse, children, grandchildren and parents. A benefit paid to a common-law spouse is subject to inheritance tax if the common-law spouses have lived together and have or have had a mutual child or if they were previously married to one another. The highest inheritance tax rate applied for next of kin is 19%. A life insurance benefit paid to a deceased’s estate is also subject to inheritance tax.
Mandatum does not withhold inheritance tax but reports the amount of the life insurance benefit to the tax authority. You can estimate the total amount of inheritance tax using the calculator available on the tax authority’s website.
Life insurance benefits paid to beneficiaries other than next of kin on the basis of death are subject to capital gains tax. Mandatum withholds 30% tax on life insurance benefits subject to capital gains tax. The final capital gains tax rate is determined in the beneficiary’s taxation. More information on the taxation of life insurance benefits is available on the tax authority’s website.
Life insurance benefits must be recorded in the estate inventory deed, in the additional information section. Life insurance benefits should not be recorded as the deceased’s assets if the insurance contains a valid beneficiary clause. The life insurance benefit is recorded as the deceased’s assets only if the beneficiary is the deceased’s estate.
A funeral grant can be included in Nova group pension insurance. You can apply for it by following the instructions on this page. If you do not know what the beneficiary clause for the funeral grant is, you can contact our customer service by phone at 0200 31100.