Credit protection insurance (CPI)

You can contract the CPI policy with new and existing cash and refinancing loans. In case of occurrence of the following insured risks, the insurance company will repay the loan’s instalments according to the stated model:

Involuntary loss of employment – insurance covers up to four monthly loan instalments per insured case, i.e. a total of up to 12 monthly instalments during the insurance period;
Temporary inability to work (sick leave) – insurance covers up to four monthly loan instalments per insured case, i.e. a total of up to 12 monthly instalments during the insurance period;
Permanent disability of the insured person which is more than 50% due to accident – insurance covers the remaining debt per loan;
Death due to accident – insurance covers the remaining debt per loan.

Additional information

In case of occurrence of an insured risk, the insurance compensation is paid to the current account of the beneficiary, who can use these funds for loan repayment. Insurance can be contracted by persons between 18 and 63 years.

Mortgage loan repayment insurance

Mortgage loan is an important decision in your life and a long-term project, so it is important to have financial support in case of unforeseen circumstances - the CPI policy with mortgage loan enables regular payments of loan’s instalments. Policy can be contracted with new or mortgage loan in repayment, whose purpose is purchase of a new property, adaptation and renovation of the existing one or refinancing mortgage loan.

According to your needs, you can choose the Package 1 or Package 2, and premium payment can be monthly, annual or one-time.

Package 1

The Package 1 covers the following:

Involuntary loss of employment – insurance covers up to six monthly loan instalments per insured case, i.e. a total of up to 18 monthly instalments during the insurance period for contracts of up to seven years, i.e. up to 36 monthly instalments during the insurance period for contracts of more than seven years
Temporary inability to work (sick leave) – insurance covers up to six monthly loan instalments per insured case, i.e. a total of up to 18 monthly instalments during the insurance period for contracts of up to seven years, i.e. up to 36 monthly instalments during the insurance period for contracts of more than seven years
Permanent disability of the insured person which is more than 50% due to an accident – insurance covers the remaining debt per loan;
Death due to an accident – insurance covers the remaining debt per loan.

Package 2

The Package 2 covers the following:

Involuntary loss of employment – insurance covers up to six monthly loan instalments per insured case, i.e. a total of up to 18 monthly instalments during the insurance period for contracts of up to seven years, i.e. up to 36 monthly instalments during the insurance period for contracts of more than seven years
Temporary inability to work (sick leave) – insurance covers up to six monthly loan instalments per insured case, i.e. a total of up to 18 monthly instalments during the insurance period for contracts of up to seven years, i.e. up to 36 monthly instalments during the insurance period for contracts of more than seven years

Additional information

In case of occurrence of an insured risk the insurance compensation is paid to the current account of the beneficiary, who can use these funds for loan repayment Insurance can be contracted by persons of 18 years whereby the expiry of the insured period cannot be after the insured person turns 70.

Credit protection insurance (CPI)