As of January 1st, 2020, UFDS has introduced a new method of premium differentiation, as the Board has determined a general basic premium and a basic premium per hazard class. The general basic premium for 2024 is DKK 22.00 per sailing day (assignment day) per person. The basic premium per hazard class appears in the table below. Further, a rate per shipping company and hazard class is calculated based on the risk profile of the individual shipping company.
Please note that UFDS is also required to collect a range of statutory and voluntary contributions from Danish Shipping (compensation for war injuries), SEA HEALTH & WELFARE (welfare contribution and health and safety contribution), and the Danish Maritime Authority (health insurance).
All Danish shipping companies must pay these contributions, regardless of whether they have taken out industrial injury insurance with UFDS.
Premium for 2024 per person in DKK
|
Hazard Class |
Premium for industrial injury per day |
per year |
|---|---|---|
|
Cargo |
20.90 |
7,524.00 |
|
Offshore & Services |
29.00 |
10,440.00 |
|
Passengers |
23.75 |
8,550.00 |
|
Tank |
19.90 |
7,164.00 |
|
Personal property liability |
0.10 |
36.00 |
Contributions for 3rd parties 2024 per person in DKK
|
per day |
per year | ||
|---|---|---|---|
|
SSB |
Health insurance (international journeys) |
3.85 |
1,386.00 |
|
KSE |
Compensation for war injuries |
0,36 |
129,60 |
|
KSU |
Compensation for war injuries, foreign-flagged |
0.48 |
172.80 |
|
SAM |
Health and safety contribution |
3.32 |
1,195.20 |
|
VFA |
Welfare contribution, DIS |
2.70 |
972.00 |
|
VFB |
Welfare contribution, DAS |
1.40 |
504.00 |
Final premium rates 2023 per person in DKK
|
per day |
per year | ||
|---|---|---|---|
|
ASF |
Industrial injury TBD |
21.00 |
7,560.00 |
|
FFF |
Industrial injury, foreign-flagged ships TBD |
21.00 |
7,560.00 |
|
LØS |
Personal property liability |
0.10 |
36.00 |
Final contributions for 3rd parties 2023 per person in DKK
|
per day |
per year | ||
|---|---|---|---|
|
SSB |
Health insurance (international journeys) |
1.50 |
540.00 |
|
KSE |
Compensation for war injuries |
0.36 |
129.60 |
|
SAM |
Health and safety contribution |
3.32 |
1,195.20 |
|
VFA |
Welfare contribution, DIS |
2.70 |
972.00 |
|
VFB |
Welfare contribution, DAS |
1.40 |
504.00 |
Payment
In December UFDS sends out an assignment list for each policy, which must be filled in and returned with the actual number of sailing days and personnel numbers for the whole year. The final settlement is based on the returned assignment list, which is compared with the premium paid on account. Shipping companies should note that course days must be included in the total number of assignment days reported for the ship. List of sailing days.
Please note that UFDS is also required to collect a range of statutory and voluntary contributions from Danish Shipping (compensation for war injuries), the Danish Government’s Seamen’s Service (welfare contribution), Seahealth Denmark (health and safety contribution) and the Danish Maritime Authority (health insurance).
All Danish shipping companies must pay these contributions, regardless of whether they have taken out industrial injury insurance with UFDS.
