The DFSA has by letter of the 10th of September 2024 instructed the Fund to collect contributions fixed at DKK 30 per insured under an industrial injury insurance policy, contributions fixed at DKK 5 per motor liability policy, and contributions fixed at DKK 10 per policy in 2025 for the following types of insurance:
- Familieforsikringer (household contents insurance)
- Husejerforsikringer (property insurance)
- Sundhedsforsikringer (health insurance)
- Ejerskifteforsikringer(latent defect insurance - change-of-ownership)
- Sælgeransvarsforsikring (property sellers liability insurance) and
- Byggeskadeforsikringer (structural warranty insurance – new build)
- Motorkaskoforsikringer (motor comprehensive insurance)
The contributions are to be reported and paid to the Guarantee Fund on a quarterly basis. Contributions for the first quarter must be reported to the Guarantee Fund no later than April 30, 2025, and paid to the Guarantee Fund by May 1, 2025.
The Fund will provide further information on reporting for the new motor liability category.
Read more about how the Guarantee Fund will compensate for motor liability damages in- and outside Denmark HERE.
