- Additional indoor property insurance
- Guaranteed protection of your property
- Insurance for the loan contract period for up to 30 years
BETA-VERSION
Back
Mortgage Insurance
You have decided to improve your housing conditions and already selected the organization or bank which is ready to disburse you a mortgage loan??
As the lender is interested in timely repayment of the loan,the insurance contract (policy) is one of the mandatory conditions for its receipt.
What can be insured?
The following risks are subject to insurance:
Advantages
Sum insured
- The determination of the sum insured is based on the expert appraisal of property.
- The basis for determining the sum insured may be the estimated, actual or replacement value of the insured property.
- Upon agreement of the parties, other basis for determining the sum insured, for example, the balance or contract value, may be involved.
The cost of insurance
The cost of insurance is estimated after submitting an insurance application to the insurance company.
The insurance contract period corresponds to the loan contract period.
The insurance contract expires after final repayment of the loan debt by the borrower.