How to Choose the Best Travel Insurance - Swedish Nomad

Ensure that you are properly insured for the duration of your stay in Sweden.

If you are accompanied, they must also ensure that they have adequate insurance.

Check out these suggestions before you travel to Sweden.

  1. Social Insurance.

Social insurance is considered to be a vital component of Sweden’s social welfare system, and it encompasses everybody who lives and works in the country.

It offers financial security for families and children, such as those suffering from a disability, illness, workplace injury, or old age.

To be eligible for social health coverage, you should either officially reside in Sweden or be employed and have a job here.

Child allowance and housing benefits are two examples of perks. Swedish income taxes fund national welfare.

The most essential thing to do after arriving in Sweden if you have an approval valid for more than a year is to go to the Swedish Tax Agency and obtain a Swedish Personal Identity Number.

Because this number is used for proof of identity in so many everyday lives, it’s a smart option to memorise it.

For insight on the best insurance policies to buy in Sweden check out Länsförsäkringar, or hop on OmdömesStälle for reviews on other different Swedish companies.

  1. Income Tax in Sweden.

Sweden has the world’s highest rate of income tax. Every year, more than 57 per cent of people’s earnings are subtracted.

Sweden, on the other hand, ranked seventh out of 156 countries on this Planet Happiness Report 2019, and its medical system is regarded as one of the greatest on the planet.

Sweden joined the European Union in 1995, and its citizenry recently surpassed 10 million individuals.

Taxes are used to fund healthcare, and also most health expenses are indeed very low.

Sweden operates on the assumption that those who require medical attention the most pressingly are given priority.

University education is also free for all citizens of the European Union, the European Economic Community, and Switzerland, not just Swedes.

  1. Healthcare insurance.

Sweden has a public health system that is open to all citizens.

The policy is set by the central government, but facilities are offered by county councils and city councils.

The costs of running the platform are covered by taxes and government efforts.

Prescription medications and some treatment options will have small out-of-pocket costs for patients.

Copay rates are determined by county councils, resulting in fluctuation across the nation, but suppliers cannot charge more than the given price in their region.

If you relocate to Sweden and have a residence permit for more than a year, you may be required to provide proof of private insurance from your home nation.

There is no law prohibiting you from not being covered by medical insurance, but having health coverage will assist you to avoid having to pay large health fees out of your wallet.

Medical insurance will help guarantee that you are not caught unawares by unexpectedly high medical bills.

  1. Home Insurance.

All homes in Sweden should indeed be protected by homeowner’s insurance, which, while it may appear expensive, is genuinely quite inexpensive and less expensive than in most other nations.

Furthermore, social insurance is an important component of the Swedish social welfare system because it provides financial stability to families with children.

It is recommended that all inhabitants obtain property insurance for their apartment or house.

In Sweden, house insurance is very thorough and includes several various insurance plans.

It covers, among other things, damage or loss to your private possessions, injury claims, and liability for harm caused or injury suffered to someone else.

In Sweden, there are many insurers, and it is important to contact them to compare the price.

This is particularly necessary if you are new to Sweden and intend to relocate.

  1. Unemployment Insurance.

Unemployment compensation benefits are paid in two ways: as a fundamental benefit or as an earnings financial advantage.

In Sweden, unemployment benefits are not a component of the social insurance scheme.

Unemployment insurance is frequently affiliated with the union movement, but it is legally separate.

When you first begin to work in Sweden, look into the unemployment benefits fund.

To be eligible for an income-based benefit, you must’ve been a part of a voluntary unemployment compensation fund for at least 12 months and did work for at least 6 months.

Furthermore, some labour movements provide extra revenue protection insurance.


Sweden is much more than just gorgeous northern countryside and mediaeval old allure for the infrequent visitor.

Its world-class social welfare framework distinguishes it as a famous destination for foreign visitors looking to relocate permanently.