YEL insurance is the most important insurance for the newly self-employed
When starting up a business on your own, make sure you have a solid foundation. Take out YEL insurance here or call our sales at 010 244 1010 (from Monday to Friday between 8:00 and 16:00).
YEL insurance is statutory pension insurance for the self-employed. You cannot replace YEL insurance with voluntary pension insurance.
Have a closer look at whether you need YEL insurance
How much does YEL insurance cost?
YEL insurance is based on YEL income. YEL income refers to the monetary value of your own work input on an annual level. YEL contributions are fully deductible either from your personal income tax or from your company’s taxable income.
When you take out YEL insurance, we will confirm your annual YEL income corresponding to your work input. We take into account factors such as your company's turnover estimate and the salary level in your sector when confirming your YEL income.
Read more about YEL insurance contributions
Discount for a newly self-employed person
When you start your self-employment, you will get a 22% discount on your YEL insurance contributions for the first four years! The discount can be applied for no more than two separate periods. If you are taking out YEL insurance for the first time and it is initially valid for 10 months, for example, you will still have 38 months of the discount left. You can use it if you take out YEL insurance again in the future.
What should a new entrepreneur know about YEL insurance?
Have you just started a business or are you dreaming of starting one? This guide is just for you!
YEL insurance, or self-employed persons' pension insurance, is one of the most important matters for a new entrepreneur. It is the most essential insurance for the entrepreneur. We've put together an easy-to-follow guide on YEL insurance with all the key information you need to get started on your entrepreneurial journey.
