You can buy a supplementary insurance from Sjóva-Almennar líftryggingar hf. which is specifically designed for the needs of individual members.
Income insurance is designed for financial loss in case of invalidity. The insurance ensures the fund member an extra invalidity pension if work capacity is reduced by 40% or more and if the fund member suffers a curtailment of income as a result.
Life insurance can also be bought at Sjóvá-Almennar líftryggingar hf.; however, life insurance ensures one lump payment to close relatives on the death of a fund member.