Send us a termination application
Apply for the termination of your YEL insurance when your self-employment ends. YEL insurance can be terminated retroactively, or in advance. The last day when your YEL insurance will be valid is your last working day.
Working in this context means actual work and business operations. Thus, if you are closing down your company and are only finalising the related paperwork, this is not considered actual work or business operations.
The easiest way to apply for the termination of your insurance is by sending us a message in our online service. When you choose Termination of YEL insurance as the topic of your message, the service tells you what information we need for the termination. After you submit the application, we will process it and, if necessary, request more information from you. We will send you a decision on the termination of your insurance.
Remember to apply for the termination of your YEL insurance yourself. Varma cannot terminate your YEL insurance based on, for example, notification you submit to the Finnish Patent and Registration Office on the termination of your company.
If you need help in setting the right termination date or if you have other questions related to YEL insurance, you can always contact our experts.