Insurer profile
Compensa Life Vienna Insurance Group SE Lithuanian Branch
Compensa Life Vienna Insurance Group SE Lithuanian Branch · Lithuania
Overview
Compensa Life Vienna Insurance Group SE Lithuanian Branch is a life and health insurance company operating in Lithuania as a branch of the Estonian-registered European company (Societas Europaea), fully owned by Austria's Vienna Insurance Group. It has been active in Lithuania since 2001, tracing its roots to Seesam Life, and offers life insurance, investment life insurance, pension insurance, critical illness insurance, and employee health insurance to private and business clients.
Source12
Products in this market
Company details
- Parent group
- Vienna Insurance Group AG Wiener Versicherung Gruppe
- Regulator
- Finantsinspektsioon (home-state supervisor, Estonia); Bank of Lithuania (host-state supervisor)
- Phone
- +370 5 250 4000
- [email protected]
Products from Compensa Life Vienna Insurance Group SE Lithuanian Branch
Health5
Cancer Insurance OncoDrop
Financial protection insurance upon cancer diagnosis also providing access to a second medical opinion from world-class physicians on diagnosis and treatment.
Compensa Life Employee Health Insurance
Group health insurance for companies providing employees with customised health insurance programmes covering outpatient, pharmacy, and specialist care costs.
Supplementary Critical Illness Insurance
Supplementary rider providing a lump-sum benefit upon diagnosis of a specified critical illness, attachable to main life insurance policies.
Supplementary Accidental Trauma Insurance
Supplementary rider covering bodily injury resulting from an accident, attachable to main life insurance policies.
Supplementary Accidental Disability Insurance
Supplementary rider covering disability resulting from an accident, attachable to main life insurance policies.
Life7
Investment Life Insurance Ateitis plius
Unit-linked investment life insurance allowing policyholders to accumulate savings while choosing from multiple investment directions and maintaining life insurance coverage.
Guaranteed Interest Life Insurance
Endowment life insurance with guaranteed interest enabling policyholders to safely accumulate funds for themselves and their family's future while providing life coverage.
Risk Insurance At Your Life's Pace
Flexible non-savings risk insurance covering life, accidental death, accidental trauma, accidental disability, total and permanent loss of working capacity, critical illness, and temporary incapacity due to critical illness.
Pension Insurance with Guaranteed Interest
Savings-oriented pension insurance with guaranteed interest for those who wish to accumulate the maximum portion of their contributions without selecting a life insurance sum.
Pension Annuity Insurance
Pension annuity insurance providing regular and stable planned income upon reaching retirement age.
Supplementary Accidental Death Insurance
Supplementary rider attachable to a main life insurance policy covering death caused by an accident.
Supplementary Total and Permanent Disability Insurance
Supplementary rider providing a benefit upon total and permanent loss of working capacity, attachable to main life insurance policies.
Regulatory updates
In May 2026 the Bank of Lithuania concluded a targeted inspection of Compensa Life Vienna Insurance Group SE Lithuanian Branch covering 1 January 2022 to 31 December 2024, assessing compliance in the distribution of guaranteed-interest life insurance and investment life insurance products. The regulator found the company failed to ensure adequate product oversight and governance for its guaranteed-interest life insurance product and improperly analysed data, and that some investment life insurance products sold did not match client needs due to inadequate suitability assessment. The Bank of Lithuania concluded an administrative settlement and imposed a EUR 250,000 fine. The company committed to improving product value for customers, conducting an internal product oversight and governance audit, and applying individual discounts to affected clients by the end of May 2026.
