Income insurance
If you are a professional member of Engineers of Sweden and a member of the Akademikernas a-kassa unemployment fund, our highly beneficial income insurance is included in your membership fee at no extra cost. The insurance is provided by Akademikernas Inkomstförsäkring through Folksam. If you are a student member, you can include your student membership period in the qualifying period for income insurance if you upgrade to full membership.
For professional members
If you are a professional member of Engineers of Sweden and a member of the Akademikernas a-kassa unemployment fund, our highly beneficial income insurance is included in your membership fee at no extra cost. This insurance means you can receive 80 per cent compensation for a gross monthly salary of up to SEK 100,000 for up to 150 days if you become unemployed involuntarily.
For more information, please see the income insurance website (in Swedish)
Apply for compensation from income insurance
Do you need to report loss of income due to involuntary unemployment to claim income insurance? Simply fill in the form provided by Akademikernas Inkomstförsäkring through Folksam website:
Who can receive compensation?
- 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.
Income insurance calculator
Enter your salary below and scroll to compare how much you could receive if you became involuntarily unemployed with and without income insurance.
How the Engineers of Sweden income insurance works
Below you will find an overview of the level of compensation provided by our income insurance if you are a member of Engineers of Sweden, compared with the level if you only receive normal unemployment fund compensation (a-kassa) for the first 150 days of unemployment.
You can also see how much compensation you could receive if you acquire supplementary income insurance from Folksam.
Qualification period from another union that included collective income insurance
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 Akademikernas inkomstförsäkring at Folksam at 0770-78 20 50 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. Please note that you only need to send this certificate to our insurance provider if you are filing a claim for income insurance benefits.
Popular benefits:
Income insurance
The insurance can provide 80% compensation for a gross monthly salary of up to SEK 100 000 if you become unemployed involuntarily.Legal support & guidance
Our advisors can give you expert support and legal help regarding salary, terms of employment and notice or termination.Unique salary statistics
With data from over 74,000 engineer salaries, this is an important basis for your salary negotiation.
Supplementary insurance
If you would like to further strengthen your financial security, you can bolster your income insurance with two supplementary insurance policies. These are acquired and paid separately to our insurance provider, Akademikernas Inkomstförsäkring, through Folksam. The fee is determined by salary.
You can read more about supplementary insurance on the Folksam website
Premium based on salary
The cost of the supplementary income insurances is based on your monthly salary. You can see what the cost would be in your case on Folksam website.
Table of premiums for Tid supplementary insurance
Table of premiums for Lön supplementary insurance
Update your insured income
If your salary changes after acquiring a supplementary insurance, you will need to update your information on the Folksam website so that the supplementary insurance provides the correct amount of compensation in the event of unemployment.
Update your insured income level on the Folksam website
Supplementary insurance Tid
You can receive compensation for up to a total of 330 days if you buy the supplementary insurance Tid (Time). This means a further 180 days in addition to the 150 days covered by the free income insurance for professional members of Engineers of Sweden.
Read more and purchase Tid supplementary insurance (in Swedish)
Supplementary insurance Lön
If your monthly salary is over SEK 100,000, you can acquire the supplementary insurance Lön (Salary). This will raise the ceiling of your income insurance. This means that, together with compensation from the unemployment insurance fund, you can receive 80 per cent of your gross salary up to SEK 160,000 during the first 150 days of involuntary unemployment.
Read more and purchase Lön supplementary insurance (in Swedish)
Income Insurance and Akademikernas a-kassa requirement
To be covered by the income insurance that’s included in your membership in Sveriges Ingenjörer, it requires you to also be a member of Akademikernas a-kassa - online application.
If you are a member of another unemployment fund, you will need to switch to Akademikernas a-kassa. They will be happy to help you transfer. To get started, please fill out this online form to switch a-kassa. Akademikernas a-kassa will then handle the transfer from your current unemployment fund, ensuring a seamless transition. You only need to fill out the form.
For student members
While income insurance is not a benefit of student membership, your time as a student member of Engineers of Sweden contributes to your income insurance qualification. Just remember to upgrade to professional membership after finishing your studies or when your work hours become greater than your study hours. Income insurance benefits are only available to professional members, and you must be a registered professional member before becoming unemployed.
Remember to upgrade your membership
Once you have finished your studies or and started working, it is important that you register as a professional member. Only professional members of Engineers of Sweden are eligible to receive compensation from the union's income insurance. You must also be a member of the Akademikernas a-kassa unemployment fund.
You can upgrade from student to professional membership for just SEK 65 per month until the end of your first year. This applies to both members who have graduated and those who have started working without completing their degree but have at least 165 ECTS credits.