Installment loan insurance

Insured risks (depending on the selected insurance option)

The risks that will be covered by the installment loan insurance offered by us will depend on the option chosen by the insured person. Their list therefore includes the risk of the insured person's death caused by illness or an accident. Other risks that, depending on the package, may be included in the insurance cover are permanent and total disability as a result of an accident, temporary or total inability to work or loss of work, as well as serious illness or hospital stay. Medical Assistance may also be an additional option under this insurance.

Benefits in the event of an insured event

In the event of the death or permanent and total inability of the insured to work, we undertake to pay the beneficiary 100% of the outstanding debt as at the date of the event, and in the Family option 150% of the outstanding debt as at the date of the event. Once the conditions are met, in accordance with the selected insurance option, in the event of loss of employment, temporary inability to work or serious illness, we will pay 100% of the monthly loan installment for 18, 6 and 10 months, respectively.