Kauppaturva

Aiming for a secure housing transaction?

In addition to a Housing Trade Condition Evaluation, purchase our hidden defect insurance policy, Kauppaturva.

Fill out an application

“A Raksystems condition inspector surveyed the house with extra care and provided us with a written inspection report that was enclosed with the deed. The sellers also took out Kauppaturva, the hidden defect insurance, so that we can all stop worrying about any hidden defects.”

Financial security after a housing transaction with Kauppaturva

Kauppaturva offers financial security to the seller of an apartment or a property. The insurance covers financial liability due to hidden defects for, depending on the site, a period of two or five years from the transfer of possession.

  • The insurance must be taken out by the seller of the apartment or property. The insurance company is Helvetia.
  • You can get a Transaction Security policy when selling an apartment in an apartment building or a terraced house, a semi-detached house, a detached house or a detached house that is part of a housing company.
  • In the case of an apartment in a terraced house, a semi-detached house, a detached house or a detached house that is part of a housing company, a Housing Trade Condition Evaluation by Raksystems must be performed before the insurance can be taken out.
  • A Humidity Survey by Raksystems is a requirement in the case of an apartment in an apartment building.
In addition to a Housing Trade Condition Evaluation, purchase our hidden defect insurance policy, Kauppaturva.

Don’t forget to take out Kauppaturva before the transfer of the right of possession

Secure your housing transaction with Kauppaturva, a hidden defect insurance policy. A hidden defect is a defect that was not observed during a Housing Trade Condition Evaluation/Humidity Survey and of which the seller was not aware. Transaction Security offers you financial security after you have sold an apartment or a property.

Prerequisites for granting of the insurance

  • A survey by Raksystems is required before taking out the insurance.
  • A Humidity Survey by Raksystems is required in the case of an apartment in an apartment building.
  • In the case of an apartment in a terraced house, a semi-detached house, a detached house or a detached house that is part of a housing company, a Housing Trade Condition Evaluation by Raksystems is required.
  • The evaluation/survey must be performed a maximum of six (6) months prior to the transaction date.
  • The policyholder must be a natural person or an undivided death estate.
  • The insurance is available for buildings with a floor area of a maximum of 350 m2 (properties).
  • The insurance is available for site with a floor area of a maximum of 350 m2 (detached houses that are part of a housing company, semi-detached houses, apartments in a terraced house or apartments in an apartment building).
  • The insurance application and its appendices must be submitted to the insurance company before the transfer of the right of possession to the site.

Insurer’s contact information

Raksystems Kauppaturva

The insurer is Helvetia Schweizerische Versicherungsgesellschaft in Liechtenstein AG.

The insurance policy is granted by its agent, RSG Construction & Specialty AB, registration number 556686-1964 (Sweden), on the basis of an authorisation granted to the agent with agreement no. B1262BW0318320.

The insurance policies offered and the insurance business comply with the EU Freedom of Service Directive. The insurer is being supervised by the Swedish supervisory authority Finansinspektionen. Address: Brunnsgatan 3, SE-103 97 Stockholm, Sweden.

Kauppaturva prices

Site Insurance premium for a site
built in or after 2000
Insurance premium for a site built in 1981–1999 Insurance premium for a site built in or before 1980 Insurance period
An apartment in an apartment building € 1,150 € 1,150 € 1,150 2 years
An apartment in a terraced house € 1,150 € 1,150 € 1,150 2 years
A semi-detached house € 1,150 € 1,150 € 1,150 2 years
A detached house that is part of a housing company € 1,150 € 1,150 € 1,150 2 years
A detached house € 2,490 € 2,490 € 2,490 5 years

Applying for the insurance

  • Please study the insurance terms and the survey report by Raksystems with care.
  • The Housing Trade Condition Evaluation report (apartments in terraced houses/apartment buildings and detached houses that are part of a housing company and separate detached houses) or the Humidity Survey report (apartments in apartment buildings) may be a maximum of six (6) months old at the time when the purchase agreement is signed. The purchase agreement is a written agreement on the selling of the site between the seller and the buyer.
  • The insurance must always be taken out before the transfer of the right of possession.
  • A copy of the Humidity Survey or Housing Trade Condition Evaluation report must be presented when applying for the insurance.
  • Click here to fill out an electronic application form or follow the instructions below. Please use a browser other than Internet Explorer when filling out the form.

Fill out the insurance application and send it to
Optimum Insurance Consultants Oy
Nuijamiestentie 5 A, 2nd floor
FI-00400 Helsinki, Finland

Submitting a notification of claim

  • A notification of claim must be submitted as soon as possible and at the latest one year after the date on which the insured become aware of the insured event and the damage caused. In any case, the notification of claim must be submitted within ten years of the neglect due to which the buyer has made a claim for damages.
  • A claim notification report must be prepared without delay and sent to
  • Cunningham Lindsey Nordic ApS
    C/o Oy Lars Krogius Ab
    Lintulahdenkatu 10
    FI-00500 Helsinki, Finland

Tel. +358 (0)9 4763 6300 or +358 (0) 40 920 7488
Email: vahingot@kauppaturvavahingot.fi

  • The following must be enclosed with the report:
  • A copy of the buyer’s claim for damages (if submitted in writing)
  • A damage report, such as a copy of a loss assessment report
  • A copy of the Housing Trade Condition Evaluation report
  • Information on any other insurance policies covering the damage/claim
  • Any other information and documents the insurer may require when processing the claim

We will update this page if the information changes.

As of 31 December 2015, we no longer sell Hidden Defect Liability Insurance RS10

  • The policy terms were changed on 12 March 2018. We no longer sell Hidden Defect Liability Insurance RS10, because it has been replaced with Kauppaturva.
  • Sales of Hidden Defect Liability Insurance RS10 ended on 31 December 2015. If you have any questions regarding Hidden Defect Liability Insurance RS10, please contact our customer service. The contact details are at the bottom of this page.
  • All Hidden Defect Liability Insurance RS10 policies taken out before the end of 2015 will remain valid in accordance with the terms, i.e. for a period of five (5) years after the transfer of possession.
  • Raksystems Customer Service
    Tel. +358 (0)30 670 5500
    vakuutukset@raksystems.fi

Fill out an application or contact us!

Kauppaturva customer service is available on weekdays from 8:00 am to 4:00 pm.