Income insurance

To be eligible for income insurance from Engineers of Sweden, you need to meet the following conditions: 

• You must be entitled to compensation from Akademikernas a-kassa. 

• You must have been a member of Engineers of Sweden for at least 12 months and be registered as a professional member before your first day of unemployment. 

• You must be involuntarily unemployed.  

• Your compensation level from a-kassa must start at 80 percent. 

• You must have been granted 300 compensation days by Akademikernas a-kassa, meaning you have met the income requirement for 11–12 months within the qualifying period. 

For more information, please contact our insurance company Folksam directly by phone at 0770-78 20 50 or via their contact form. 

About the new law at Akademikernas a-kassa

• You must have been a member of Engineers of Sweden continuously for the 12 months preceding unemployment. 

• You must have been employed for at least 12 months in the 18 months prior to becoming unemployed, and for at least 80 hours per month* 

• You must have started an unemployment insurance period with two qualifying days through the Akademikernas a-kassa unemployment fund. 

• You must be entitled to earnings-related compensation when your unemployment insurance period begins. 

• You must have been registered as a professional member of Engineers of Sweden before you became unemployed. 

• You must be involuntarily unemployed.  

When switching unions without any disruption between the two membership periods, your prior union's income insurance qualification period may remain valid for the first 12 months of your new membership, should you become involuntarily unemployed.  
  
As there are exceptions, we recommend that you contact the administrators of Engineers of Sweden income insurance at Folksam at 0771- 585 902 to confirm the specifics of your situation. 

If you become involuntarily unemployed and need to claim income insurance benefits within the first 12 months of your membership with Engineers of Sweden, you will be required to provide a certificate from your previous union.  

You only need to submit this certificate to our insurance provider if you are filing a claim for income insurance benefits.

Apply for compensation and submit a certificate to Folksam (in Swedish)

Please note that if you become unemployed, you must start a new unemployment benefit period with Akademikernas a-kassa after joining Engineers of Sweden to be eligible for compensation from our income insurance. The new benefit period begins with waiting days.

If you continue a benefit period that was started under another union’s income insurance and/or another unemployment insurance fund, you are not eligible for compensation from Engineers of Sweden’s income insurance.

Finding a new job can sometimes take longer than expected. To strengthen your financial protection during unemployment, you can purchase voluntary supplementary insurance (Frivilligt tillägg) through Folksam.   

With Folksam supplementary insurance, you can extend your compensation period by an additional 150 days. This means you can receive income insurance for a total of 300 days, matching the full benefit period of Akademikernas a-kassa. 

If you earn more than SEK 100,000 per month, you can also increase the income insurance ceiling. The supplementary insurance allows coverage of salaries up to SEK 160,000 per month.  

The premium depends on how much you choose to increase your insured salary. 

The voluntary supplementary insurance is administered and invoiced separately by Folksam. You can see the cost of supplementary income insurance after you have logged in with BankID at Folksam.

Log in to see prices and further information at Folksam

If you already have supplementary insurance, you can find your details by logging in to Folksam

Log in to My pages and see your details at Folksam (in Swedish)

If you have questions about these supplementary insurances, please contact the income insurance team at Folksam by phone on 0771-585 902 or via their contact form.

Contact the customer service at Folksam (different languages available)

If your salary changes, for example after a salary review or if you change jobs, you do not need to inform Engineers of Sweden. 

Your income insurance is not based on salary information registered with us. 

Once a year, we send a salary survey by email. By answering it, you help us build salary statistics that support engineers in salary negotiations in Sweden. 

Have you purchased voluntary supplementary insurance through Folksam? 

If you have purchased voluntary supplementary insurance, it is important that you report any salary changes directly to Folksam. Your supplementary insurance is based on the salary you choose to insure. If your salary increases and you do not update it, you may not be fully covered. 

Update your insured salary with Folksam

If you have questions about these supplementary insurances, please contact the income insurance team at Folksam by phone on 0771-585 902 or via their contact form.

Contact the customer service at Folksam (different languages available)

If you are a student member, income insurance is not included in your membership.  

However, your time as a student member can count towards the twelve-month qualifying period for Engineers of Sweden’s income insurance — as long as you upgrade to professional membership before becoming unemployed.  

This is important. You must upgrade your membership before unemployment occurs in order to qualify for income insurance. 

Have you finished your studies or started working?

To be covered by income insurance, you need to: 

• Upgrade to professional membership   

• Join Akademikernas a-kassa  

You can upgrade for SEK 65 per month for the rest of the calendar year.  

This also applies if you have not yet graduated but have completed at least 165 university credits in your engineering studies.

Upgrade your membership (in Swedish)

Join Akademikernas a-kassa (in Swedish)