Entrepreneurs
Veritas is a pension insurer for entrepreneurs. When you take out YEL insurance with us, you’ll also get your own dedicated contact person. Pia and our other insurance advisors know everything about YEL and TyEL insurance, so you can focus on your business and leave the rest to us.
We are available when you need us and we will answer your call in less than 20 seconds.
Call our customer service: tel. +358 10 195 612
If you are calling from abroad, please use the number +358 10 550 1800.
When do I need YEL insurance?
As an entrepreneur, you are statutorily obliged to take employment pension insurance under YEL if the following conditions are met:
- You have turned 18. The upper age limit depends on your birth year.
- You have worked as a self-employed person for more than four months.
- Your earned income from the entrepreneurial activities is at least 9,423.09 euros in 2026.
If you are engaged in part-time or in light entrepreneurship and you meet the above conditions, you need to take an YEL insurance. Please note that YEL insurance cannot be replaced by a voluntary pension insurance policy.
Online service
Our online service is simple and quick to use. Through the online service you can
- Print out YEL certificates
- Make changes to your YEL income
- Apply for an extended payment period
- Update your own contact information
- Change the invoicing interval.
And last but not least, you can safely contact your own insurance adviser.
What's new
Discount on YEL contributions for the newly self-employed
When you start your first YEL-insured business, you’ll receive a 22% discount on your YEL contributions for the first four years.
Transfer your YEL insurance to Veritas
YEL insurance costs the same regardless of which pension provider you choose. With us, you’ll get a dedicated contact person and we will answer your call in less than 20 seconds.
If you have YEL insurance with another pension provider, simply fill in the application and we’ll handle the transfer on your behalf.
Take or transfer YEL insurance
Call our customer service: tel. +358 10 195 612
YEL contributions
YEL contributions are calculated on the basis of your confirmed YEL income. In 2026, the YEL contribution is 24.40 per cent of the confirmed YEL income.
When you start entrepreneurial activities insured under YEL for the first time, you will receive a discount of 22 per cent on your YEL contributions for the first four years.
YEL income
Your social security is based on the income confirmed for your YEL insurance.
The amount of YEL income should be based on the value of your work input, not on your actual pay or the company’s turnover. A good rule for determining the value of your work input is to think of the salary that would be paid to an employee with the same professional experience as you have.
In 2026, the lower limit of YEL income is 9,423.09 euros and the upper limit is 214,000 euros.
Social security throughout your life
Life is unpredictable, so do not make any compromises when it comes to what matters most; namely, the social security of your family and yourself.
Your YEL insurance secures your income in case you fall ill or become disabled or unemployed. As an entrepreneur, you can receive a business subsidy for vocational rehabilitation. Other forms of rehabilitation are also possible, whether you continue as an entrepreneur or transition to paid employment.
Your YEL insurance is also there for you in life’s positive moments, such as parental leaves and retirement with old-age pension.
Would you like to receive YEL invoices electronically?
- Inform us your company’s online invoicing address. Complete the form here.
- Or make an online payment agreement through your online bank service and choose Veritas as your invoicer.
You find more information regarding online invoicing on your operator’s or bank’s online service.
