It is important to insure oneself against accidents and mishaps. In Iceland some types of insurance are mandatory, like insurance for vehicles and insurance for properties. Life and critical illness insurance is not mandatory but we strongly recommend that new residents also buy Medical Cost Insurance for their first six months in Iceland.
All foreign citizens from countries outside EU or EFTA who apply for a residence permit in Iceland, are required to obtain Medical Cost Insurance. It is valid for up to six months but ends when they have earned rights to be covered by the Icelandic Social Security Scheme.
As a members of Stofn, you could receive a repayment of 10% of your yearly premiums.
Enjoy various benefits by being a member of our loyalty program Stofn
We feel that customers without claims should benefit from it. That is why members in Stofn without claims receive a rebate on their premium.
To claim the offer you only need to contact any of our affiliates and provide them with your social security number (kennitala).
Members of Stofn receive a 20% discount on car seats for children at AB-Varahlutir, Nine Kids and Ólivía og Oliver.
Flat tire, dead car battery or out of gas? Members of our customer loyalty program Stofn can contact Sjóvá Roadside Assistance. Call 440 2222, we are by the phone 24/7.